The main focus of this paper was to examine the role of the Chinese government in the development of its state-owned airlines. Usually, state-owned enterprises have not been considered competitive...Show moreThe main focus of this paper was to examine the role of the Chinese government in the development of its state-owned airlines. Usually, state-owned enterprises have not been considered competitive in a market due to the lack of efficiency and incentives compared to privately-owned enterprises. However, the recent growth of Chinese state-owned airlines compared to other Asian airlines indicates that these enterprises are able to compete successfully with privately-owned airlines. Therefore, this paper tried to explain why these airlines have been able to do this, by focusing on the strong role played by its owner, the Chinese government. Due to this ownership, the government has significant influence on the market on both the regulatory and the operational sides of the Chinese airline industry. This paper has shown that the Chinese government provided its airlines with favourable policies aimed at reducing competition, especially in the domestic market. Through regulatory and financial support, the airlines have faced few difficulties in competing in the airline industry and therefore could successfully develop to being part of Asia’s largest airlines.Show less
This thesis examines the performance of the Russian agricultural sector between 2005 and 2015. This is done by analysing the outcomes of the predictions made by Professor Grigory Ioffe in 2005.
