Opening Up of the Markets of Crude Oil and Petroleum Products
Pu Qian, Hong Sheng
Opening Up of the Markets of Crude Oil and Petroleum Products
Pu Qian, Hong Sheng
- Producent: World Scientific Publishing Co Ltd
- Rok produkcji: 2015
- ISBN: 9789814603966
- Ilość stron: 250
- Oprawa: Twarda
Niedostępna
Opis: Opening Up of the Markets of Crude Oil and Petroleum Products - Pu Qian, Hong Sheng
This book provides a comprehensive and unique perspective on China's oil and natural gas industry and a practical roadmap to undertake reforms.The book begins with a thorough examination of the status quo of China's oil and natural gas industry. It explores the evolution, transition, and characteristics of the oil industry of China, and unveils the problems that caused ineffectiveness of the oil and petroleum products market, namely, the dominance of monopoly enterprises, price regulation, and restriction to entry. It develops with an insightful analysis on the efficiency losses and welfare losses the monopoly system brings to the society as the current system distorts income distribution, violates the principle of fairness, and stands against the market rules and the legal pillars of the Chinese constitution. This book argues that the monopoly system in the oil industry of China results in a variety of toxic influences and should be reformed. It then offers a roadmap to undertake reforms in the oil and petroleum products market in an incremental fashion.The findings and proposals of the Chinese version of this book have proved to be a success as they led to immediate shifts in the policies of the Chinese authorities. This book provides valuable insights into the motivations and urgency to carry out reforms in the oil and petroleum products market of China with concrete and up-to-date statistics, comprehensive and detailed analyses, and authoritative and authentic sources.Economic Nature and Significance of Oil and Gas Industry; Formation, Status Quo and Nature of Petroleum Industry System in China; Performance of the Oil Monopoly System; Basic Concept of Reform in Petroleum Industry System; Reform Solutions on Opening The Markets of Crude Oil and Petroleum Products; Political Economic and Transitional Economic Analyses on the Oil System Reform;
Szczegóły: Opening Up of the Markets of Crude Oil and Petroleum Products - Pu Qian, Hong Sheng
Tytuł: Opening Up of the Markets of Crude Oil and Petroleum Products
Autor: Pu Qian, Hong Sheng
Producent: World Scientific Publishing Co Ltd
ISBN: 9789814603966
Rok produkcji: 2015
Ilość stron: 250
Oprawa: Twarda