Сравнительный анализ приватизации и экономического транзита в России и Китае

This study aims to answer the following questions. What were the motives for China and Russia to transit from centrally planned economy (CPE) to market economy and also privatize the state asset? What are the similarities and differences between Chinese and Russian privatization strategies? What costs did China and Russia pay for the transition and privatization? Why did China and Russia have different results (economic & institutional) after transition from CPE to market economy? This comparative study doesn't aim to compare which country is more successful based on the privatization outcomes, but to understand the difference in their privatization rationale, motives and strategies. China and Russia hold different principles and concepts in the economic transition and State-Owned Enterprises (SOE) reform, with different pre-transition background and motives, entailing different cost and effects. This study mainly focuses on the strategy differences in two countries from institutional perspective with some touch of corporate governance in the SOE privatization.