Econ11.15.10

Econ11.15.10 - 1. Does China have an equivalent to the...

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1. Does China have an equivalent to the Japanese keiretsu or to the Korean chaebol? Explain. From the point of view of industrial structure / firm organization, which East Asian country do you think China resembles most? 2. Why do you think the Chinese economy grew so fast since the beginning of economic reforms in 1978? 3. Based on your knowledge of other East Asian economies, what do you think are the greatest challenges facing the Chinese economy? 4. Explain Qian Yingyi’s concept of “transitional institutions” using the example of TVEs (township and village enterprises). 5. Two Financial Times (16 April 2009) articles on industrial policy in Singapore and Taiwan a. What industry is Singapore’s government supporting? Is this a single factory or a singular skill? Implications? b. What are the criteria that the Singapore government applies when providing S$250mio to the industry? c. What other measures is the Singapore government taking? d. How does the value of Singapore government funds injected in 2008 compare to the industry’s (presumably) sales revenue? e. Contrast Singapore and Taiwan’s recent industrial policy measures.
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Econ11.15.10 - 1. Does China have an equivalent to the...

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