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How Institutions Bounce Back: Untangling Difficult Reforms in China’s State-Owned Sector

Sun, April 18, 9:00 to 10:30am CDT (9:00 to 10:30am CDT), TBA

Brief Overview

Why were perennially entrenched institutions so difficult to be reformed? This paper untangles such mechanisms by showing when and how institutions bounce back, based on China’s “break the three irons” reforms in state-owned enterprises (SOEs).

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