Having been state-owned for decades, the railway reform in China confused many people, particularly in terms of its ownership and property rights arrangements. Western literature always prescribes that the best model for railway reform is privatization. China's leadership has also enunciated the state's determination to re-arrange property rights and rejuvenate corporate governance. But is China's railway reform really a story of convergence and will the Chinese government follow the western model of railway reform?
Addressing these questions, this book provides a positive explanation of the reform in China's railway sector between 1978 and the dissolution of the Ministry of Railways. It bridges the socialist reform and transport policy literature, and studies the empirical changes of the property rights arrangements in China's railway system. Refuting the convergence theory, it concludes that the cyclical reform policies of decentralization and re-centralization were actually an exploratory and interactive mechanism of "assets discovery" and "assets recovery". This in-depth study is based on 21 face-to-face interviews with railway cadres as well as field trips to collect first-hand information in Guangzhou, Beijing, Shanghai, Tianjin and Wuhan.
As one of the only empirical studies on the reform of the railway sector in China, this book will be of interest to students and scholars of China studies, Transport studies and Political Economy.
A proper quality of a track and other infrastructure objects represents a basic requirement for train safety and punctuality. Most of the physical systems and their components deteriorate over time. This affects performance and may lead to failures. Albert Einstein said, "You have to learn the rules of the game. And then you have to play better than anyone else." Only if we understand how the whole system works, taking into account its imperfections and how they influence its quality and performance will we be able to learn the rules of the game and "play better." The book provides the readers with the necessary functional knowledge of track behaviour and comprehensively covers the function of the various track components, their interaction as elements of the track system, as well as the interaction of the track with railway vehicles. By presenting important tools for a deep understanding of track-behaviour this book aims to be a reference guide for infrastructure managers and to help them to find ways improving track quality for optimum long-term behaviour.
Thomas the Tank Engine and all his engine friends come together in one collection that boys ages 3-6 are sure to enjoy Featuring Thomas, Gordon, James, Hiro, and Percy, this paperback bind-up includes five Step into Reading titles for only $7.99