state-owned enterprises

When SOEs are privatised their employees’ wages, particularly for the less educated, fall dramatically, which also has negative spillover effects on workers at other private sector firms.

When SOEs are privatised their employees’ wages, particularly for the less educated, fall dramatically, which also has negative spillover effects on workers at other private sector firms.

Greater managerial autonomy for state-owned enterprises leads to higher sales, profits, and value added, with no negative employment effects

China uses state-owned enterprises to promote social stability by employing high-risk groups when unrest threats emerge