There is no hard and fast rule as to what makes a successful state-owned enterprise. Therefore, when it comes to SOE management, we need a pragmatic … - Ha-Joon Chang

" "

There is no hard and fast rule as to what makes a successful state-owned enterprise. Therefore, when it comes to SOE management, we need a pragmatic attitude in the spirit of the famous remark by China’s former leader Deng Xiao-ping: 'it does not matter whether the cat is white or black as long as it catches mice.'

English
Collect this quote

About Ha-Joon Chang

(Hangul: 장하준; hanja: 張夏准; born 7 October 1963) is a South Korean institutional economist specialising in . Currently a reader in the Political Economy of Development at the University of Cambridge, Chang is the author of several widely discussed policy books, most notably Kicking Away the Ladder: Development Strategy in Historical Perspective (2002). In 2013 Prospect magazine ranked Chang as one of the top 20 World Thinkers.

Share this quote as an image

Customize card

Try QuoteGPT

Chat naturally about what you need. Each answer links back to real quotes with citations.

Related quotes. More quotes will automatically load as you scroll down, or you can use the load more buttons.

Additional quotes by Ha-Joon Chang

[T]he realm of production... has been... neglected since the Neoclassical school... emphasis on exchange and consumption, became dominant in the 1960s. ...[P]roduction is a lot more than combining ...abstract quanta called labour and capital ...how the is physically organized, how to control the workers or deal with trade unions, how to... improve the technologies used through research. ...[P]roduction is the ultimate foundation of any economy. ...[Its] changes ...usually have been the most powerful sources of social change.

Works in ChatGPT, Claude, or Any AI

Add semantic quote search to your AI assistant via MCP. One command setup.

Loading...