Paper delivered to the China Telecoms conference, organized by AIC Conferences, 10-11th March 1994.
In a genuinely free market, prices are signals of supply and demand. In the PRC, prices have traditionally been signals of political decisions governing the allocation of resources. Thus, telecommunications tariffs have only undergone two major changes since 1958, and for most of that period costs have been determined by similarly administered prices of inputs.
Download the paper here
Photo by Adi Constantin
The COVID-19 pandemic exposed critical vulnerabilities in global healthcare supply chains. In response, this initiative, led by the National Center...
The UK government’s forthcoming spending review will be a clear indication of the government’s commitment, revealing through its funding allocations...
As trade volume and importance grow across APEC, improving efficiency has become critical to sustaining trade growth. One key solution?...
The global economy today has become digital-centric, with virtually every type of stakeholder increasingly reliant on digital activities and platforms...