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2 results

  • Chapter 4 - 1946

  • Parks M. Coble, University of Nebraska, Lincoln
  • Book:
    The Collapse of Nationalist China
    Published online:
    10 March 2023
    Print publication:
    30 March 2023, pp 111-130

  • Summary

    Early hopes that the economy could be revived quickly were soon dashed. T. V. Soong’s projects strained the budget as well. Japanese reparations were of little help. The foreign exchange issue remained a difficult problem

    State enterprises had the upper hand over private firms. Foreign firms found it difficult to do business in China as well. Textiles did well at first but encountered supply and energy problems. Much of the cotton textile industry was controlled by the government, especially mills that had been run by the Japanese during the war and then taken over by the government. Electric-power generation has difficulty recovering. Many plants had suffered damage during the war and could not replace damaged equipment.

    At the end of 1946: Had China reached a tipping point?

  • Lost in Translation: Interpreting the Failure of Privatisation in the Brazilian Electric Power Industry*

  • SUNIL TANKHA
  • Journal:
    Journal of Latin American Studies / Volume 41 / Issue 1 / February 2009
    Published online by Cambridge University Press:
    27 February 2009, pp. 59-90
    Print publication:
    February 2009

  • Did Latin American privatisation policies fail because of flawed implementation of fundamentally sound policies or because privatisation policies were themselves seriously flawed? Using the Brazilian electric power reforms as a narrative tool, this paper examines the causal chain assumed by large-scale privatisation policies that were implemented as part of structural reform and adjustment programmes. The paper concludes that many privatisation policies and the economic stabilisation programmes within which they were embedded were not mutually reinforcing in the way that policymakers had expected, and that in their application much of what privatisation theories had claimed was lost in translation.