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July 4, The Famous Economist In The International Economic Association (iea) 16th World Congress

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By Author: candypuma
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July 4, the famous economist in the International Economic Association (IEA) 16th World Congress, said China has experienced the early 1990s, the liberalization of commodity prices, and the turn of the century millions of township enterprises in the private technology, market forces was greatly strengthened. However, since the beginning of this century, due to delay further reform of state-owned enterprises, the economic field of "the country back into" the Government on behalf of the micro-macro-control intervention in economic activities to strengthen market forces regressed.
In Jinglian view, today's state-owned enterprises in the resource allocation process in a dominant position, first of all, despite the state-owned enterprises is no longer a major component of GDP, but still controls key areas of the economy, the state-owned enterprises continue in the oil, telecommunications, railways and finance in a monopoly position; Secondly, the modern market economy has not been established rule of law essential for all levels of government have their own discretion, can approve investment projects, market access, price controls ...
... and other means of direct intervention in the micro-enterprise business activities.
In fact, "the country back" is not a new topic, but is called "Market Wu" Wu Jinglian be repetitive, naturally attracted media attention. In recent years, for "the country back into" attracted "very good" and "very bad" two diametrically opposed views. "Good" send to "the United States triggered a global economic crisis, China has become the engine to save the crisis" as the basis, that "the country back into" reflects the essential features of socialism, should be highly positive. "Bad" school is that this is an adverse current, is the reform of property rights and market economy back, the brake as soon as possible.
Regardless of the outcome of debate, "the country back" is a big move forward. Governments at all levels habitually state-owned enterprises as a "pro-son", "back garden", the name of "improve concentration, to protect national economy and safeguard economic security" under the banner, investment and loans are always in favor of state-owned enterprises. China's economic development has entered a critical period, it had broken the monopoly of state-owned enterprises has been gradually regain.
The most notable example is that private enterprises - are state-owned enterprises Rizhao Iron and Steel Company - Shandong Iron and Steel Group a strong mergers and acquisitions. Even after numerous resistance, but eventually carry arms, but the thigh, the mountain of steel on steel will eventually "win", which is generally interpreted as "the country back into" compulsory acquisition of the specimen, and is regarded as contrary to market principles . Although the Japanese steel such as the enormous assets of private enterprises, but mostly in the downstream industry chain, control by state-owned enterprises, but also get out of the state-owned enterprises incorporated by the outcome.
China's economic field of the "country back," not market-oriented, reflecting the survival of the fittest is not, but the state-owned enterprises and holding the country's capital injection of preferential loans to bank mergers and acquisitions, such a financial resource allocation, both for healthy economic development or adjustment of industrial structure, is unreasonable. If this is a temporary setback market economy policy phenomenon, might be able to afford. However, if a long-term or institutionalization, the deepening market reforms pose a serious threat that will fundamentally change the way that hinder development.
It is noted that in 2008 the global financial crisis, government decision-makers to stimulate economic policy is basically to take the administrative mechanisms and planning mechanisms. 4 trillion as had been the government's plan includes a large proportion of infrastructure projects and industrial investment projects. From the project type, all of these super-large projects almost without exception, all major government-driven infrastructure and industrial projects, the owner of the project, participants, mostly state-owned enterprises.
In a market economy, China's economic development also need to rely on the market, restructuring or mergers and acquisitions, also need to rely more on market forces, rather than government forces. The key is the economy of endogenous lack of strength. This requires breaking the monopoly, promote fair competition, industry regulation and access policies to relax. Meanwhile, the state-owned economy should gradually withdraw from the competitive field, so that more social capital and profitable investment.
This shows that Jinglian's "back on the market economy" is a fly. Today, many problems still not in place due to economic reform. In this case, "the country back into" a lot of potential risks and crises. It strengthened the administrative state-owned monopoly and undermine the basis of competition in the market. Market-oriented reforms in China has not been completed, the market foundation is not solid cases, this development has the potential to deviate from the market economy, China's orbit.
Although Jinglian cries of "market economy back", its role may be limited, however, can cause at least the government's attention. After all, he is one of the few Chinese scholars big brother. Must be noted that all levels of government preoccupied with the development of state-owned enterprises, superstition, "the country back", will have sweeping economic development defects. After all, "the country back into" this move, in fact, not improve China's economic development irrational.Cheap puma shoes, Fashion and popular by more people like. high quality, low price, fast delivery and safe shipping.welcome to buy in my online shop. puma womens shoes are hot sale all over the world especially in uk, cheap puma shoes uk in our store are popular of mens and womens.Buy it now or share this Discount Puma Women’s 2011 Running Shoes to your friends online.The puma shoes for men is exactly what you need in a casual, everyday sneaker.we have stabled and credit standing relationship with customers from all over the world.

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