SWOT分析法研究济南市商品出口中亚市场的潜力及物流成本最小的路径选择

通过分析济南市商品和中亚市场的互补性,找出济南市商品在中亚市场比较有发展潜力的商品,运用SWOT分析法对中亚市场进行潜在分析发现了中亚市场的潜在市场,通过调查发现中亚国家将对其电网改造的相关产品的需求会增加.运用比较的方法确定了济南市出口商品运输到中亚市场的物流成本最小的路经.在新疆办厂再出口到中亚国家也是一个较佳的选择.     

新疆对中亚直接投资的金融工具初探:备用信用证

如何借助金融工具从投资国当地银行取得融资,是促进新疆企业在中亚国家长期稳步发展的一个重要影响因素。与商业跟单信用证相比,备用信用证几乎可以应用于需要提供担保的所有领域,可以在企业的境外投资中发挥特长。备用信用证在中国的发展历经沉浮,在1998年金融危机前与2008年金融危机后的命运截然不同。在新疆对中亚直接投资持续快速增长背景下,备用信用证可以得到广泛运用,新疆商业银行应加强与中亚国家银行业合作,通过积极运用备用信用证来提升金融支持平台。     

中国企业跨入中亚国家经营的风险与防范

随着中亚国家政治体制的改革和经济结构的调整，这一地区的经济正在逐步走向繁荣。中国企业想要实施走出去战略。不断拓展国际市场，进军中亚地区，需要防范哪些跨国经营风险呢？回顾已进入该地区投资的中国公司所走过的曲折道路，从那些成功或失败身上，不难发现跨入中亚国家经营的主要风险。面临这些风险，我们如何应对，这是我们跨国投资决策应积极对待的课题。     

中国新疆与中亚国家金融合作的可行性及对策

中国新疆在中亚经贸合作中具有重要的地位,是中国向西开放的重要门户。金融危机爆发后,加强区域金融合作成为应对国际环境动态变化的必然选择。文章在对中国新疆与中亚国家金融合作动因和背景的分析下,探讨金融合作的可行性,提出中国新疆与中亚国家金融合作的模式及对策。     

羊绒衫(裤)与羊毛衫(裤)的区别

为了保护消费者的合法权益,春节前,济南市质检所对济南市的服装商品进行了打假清劣工作。在检查中发现,以羊毛衫(裤)冒充羊绒衫(裤)为多,此行为严重干扰了市场的正常秩序,侵害了消费者的电磁灶是利用高频交变电磁场使铁制灶具产生涡流发热来加热食     

中国新疆与中亚国家金融合作的可行性及对策

中国新疆在中亚经贸合作中具有重要的地位,是中国向西开放的重要门户.金融危机爆发后,加强区域金融合作成为应对国际环境动态变化的必然选择.文章在对中国新疆与中亚国家金融合作动因和背景的分析下,探讨金融合作的可行性,提出中国新疆与中亚国家金融合作的模式及时策.     

浅谈境外施工项目安全管理工作

随着公司海外市场蓬勃发展,尤其是中亚国家公路工程有了高速发展.给公司在中亚市场提供了更大的发展空间,由于境外施工与国内施工的共同点也有它的特殊性,笔者从进一步加强安全管理角度出发,结合在实践中的一些体会,谈谈个人的一些看法.     

后危机时代我国外贸企业面临的中亚市场困境——以新疆为例

随着全面深入贯彻中央新疆工作座谈会精神,新疆外贸企业迎来了前所未有的大建设、大开放、大发展的历史性机遇,但不容新疆外贸企业忽视的是,当前世界经济依然处于后金融危机时代背景,所面临的的国际环境不容乐观。特别是新疆外贸企业最主要的贸易伙伴--中亚国家（即哈萨克斯坦、乌兹别克斯坦、吉尔吉斯斯坦、塔吉克斯坦和土库曼斯坦）市场,均不同程度受到金融危机的影响,目前尚属恢复期。对此,主要从中亚各国经济基本面、汇率波动、市场需求、市场结构、贸易投资风险、支付能力以及贸易保护措施的运用等方面来分析当前新疆外贸企业所面临的中亚市场困境,以期望新疆外贸企业能正确认识困境,从而寻求对策,发挥优势,抢抓机遇,实现跨越式发展。     

直接投资对东道国通货膨胀的影响——基于中国与中亚五国的实证研究

文章以中国与中亚五国为例,通过建立VAR模型,利用1993—2014年度数据分析了外国直接投资对东道国通货膨胀的影响。研究发现:不同国家外国直接投资对消费者价格指数的作用效果存在差异性,且这种差异性有一定的持续性,外国直接投资与中国、吉尔吉斯斯坦、塔吉克斯坦、乌兹别克斯坦国内消费价格指数存在显著正相关,与哈萨克斯坦、土库曼斯坦国内价格水平呈现负相关;外国直接投资对中国消费者价格指数的贡献度高于中亚国家。     

济南怪事:“李逵”为“李鬼”开脱 企业短视 打假尴尬

近日,笔者在济南采访时遇打假怪事：济南市技术监督局为了让市民过一个欢乐祥和的春节,加大了对酒水等商品的打假力度,专门召集了本市几家家产品被严重假冒的厂家,共同到济南段店酒水专业批发市场联合打假,大部分厂家积极配合,并向围观币民介绍分辨真伪的方法。然而,面对被技监部门发现的大量假冒酒,有一家酒厂却视而不见,并向技监部门人士说：“这个市场绝对没有我们厂被假冒的白酒。”这一举动使济南技术监督局十分尴尬,此次酒类打假,效果因此大打折扣。据济南市技监部门的随行人员告诉笔者,经过他们多次调查,在这个市场假冒…     

Location of trade,return comovements,and diversification benefits: Evidence from Asian country ETFs

Using data from the Asian country ETFs and their MSCI indices, this paper examines whether trading location affects return comovements and diversification benefits. Our empirical results show that the magnitude of return comovements for the Asian country ETFs is higher than the corresponding MSCI indices. Moreover, our empirical findings indicate that the factors, including investor sentiment, market conditions, and economic fundamentals of the U.S. market, have greater effects on the return comovements for the Asian country ETFs than their underlying MSCI indices. Finally, the evidence presents a higher diversification benefit for the Asian MSCI indices than the Asian country ETFs.     

Europe and Central Asia after the May 2004 EU enlargement: A brief synthesis

This introduction provides a synthesis of the three papers in this symposium and its conclusion focusing on the potential trade between the Central Asian countries and the EU and highlights the impediments to achieving this potential. We argue that institutions matter and that, given the current level of institutional and infrastructure development in Central Asia, government intervention is necessary to establish a viable economic partnership.     

Trade policies in Central Asia after EU enlargement and before Russian WTO accession: Regionalism and integration into the world economy

This paper analyses the choices between regionalism and multilateralism, and the impact of WTO membership on the five Central Asian countries. The two main sections analyse (1) why the large number of regional trade agreements signed by the Central Asian countries had little economic impact, and (2) the consequences for these countries of WTO accession. The Central Asian countries’ relationship to the WTO became more pressing after China's WTO accession in December 2001 and with imminent Russian accession. The push towards regionalism is also affected by external events, such as the introduction of the euro, and the EU's eastward expansion in 2004.     

Network analysis of local currency Asian government bond markets: Assessments of the ABFI and the ABMI

The purpose of this paper is to assess local currency (LCY) Asian government bond markets using network analysis during the period 2001–2017. In particular, we (i) assess how the network of the markets is connected (integrated), (ii) assess how the risks over the network diverge following a risk shock in one market, and (iii) determine under what conditions rapid reconvergence occurs. We found that the network of LCY Asian government bond markets is fully connected by the Asian Bond Fund Initiative and the Asian Bond Market Initiative, and thus, risk can reach further out faster in the web of stronger relationships in the post-2008 period. The quarantine of and assistance for risks in the center market lead to rapid reconvergence compared with other markets. These findings suggest the success of LCY Asian government bond financing promoted by ABFI and ABMI, triggering LCY Asian corporate bond financing.     

Volatility spillovers among the U.S. and Asian stock markets: A comparison between the periods of Asian currency crisis and subprime credit crisis

This paper examines the changing nature of volatility spillovers among the U.S. and eight East Asian stock markets between two financial crises: the Asian currency crisis and the U.S. subprime credit crisis. Our empirical results suggest that volatility is not always spilled over from the directly affected markets to surrounding markets in crisis periods. The East Asian markets who directly suffered from the Asian currency crisis are the ones to which volatility is spilled over from other markets during the Asian currency crisis period, whereas uni-directional volatility spillovers from the U.S. market to other markets are observed during both crisis periods. This difference can be explained by a pre-determined hierarchy in which volatility spillovers tend to start from the U.S. market regardless of the geographical origin of the crisis. Furthermore, our results reveal that the markets in three major Asian financial hubs, i.e., Japan, Hong Kong and Singapore, are the markets to which volatility is spilled over uni-directionally from several other countries during the subprime credit crisis period, but not during the Asian currency crisis period. We attribute this difference to crisis-specific (currency or credit crisis), market-specific (credit derivatives market participation and foreign currency reserves), and time-specific (more integrated global market) factors.     

International stock market integration: Central and South Eastern Europe compared

We examine the international stock market comovements between Western Europe vis-à-vis Central (Czech Republic, Hungary and Poland) and South Eastern Europe (Croatia, Macedonia and Serbia) using multivariate GARCH models in the period 2006–2011. Comparing these two groups, we find that the degree of comovements is much higher for Central Europe. The correlation of South Eastern European stock markets with developed markets is essentially zero. An exemption to this regularity is Croatia, with its stock market displaying a greater degree of integration toward Western Europe recently, but still below the levels typical for Central Europe. All stock markets fall strongly at the beginning of the global financial crisis and we do not find that the crisis altered the degree of stock market integration between these groups of countries.     

UK Asian communities: A profitable market for nonprofits?

The ethnic minority communities in the UK are an increasingly powerful force. But UK charities have not had a great deal of experience in approaching this market, despite a readily acknowledged desire to increase their own levels of cultural diversity. How many want a better ethnic representation among their donor base? How many want greater cultural diversity among volunteers, let alone staff? This paper examines the Asian communities within the UK, and suggests that these are groupings with which UK charities should be engaging. The communities are identifiable, with strong philanthropic traditions, they have increasing economic power and they are accessible. The paper also looks briejly at a positive response generated by one organisation-the Aga Khan Foundation (UK) — to a non-denominational, intercommunal appeal for funds from the Asian Communities in the UK.     

Real Estate and the Asian Crisis

This paper suggests that activities in the real estate markets in Southeast and East Asian economies were an important contributing force to the financial crises of 1997 in the Asian economies. The analysis relies upon unpublished data reported contemporaneously by financial institutions and market watchers to document the extent of the imbalances in the real property market that were evident to informed observers at the time of the financial collapse. The analysis argues that a series of reforms in the regulation of the property market and the treatment of real property loans by financial institutions are necessary to prevent the recurrence of the kind of speculative bubble that contributed to the financial crises in Asia. Given the recentness of the crisis, the nature of the data, and the absence of definitive statistical sources, the results are tentative, but they are certainly consistent with a financial collapse whose proximate cause was unchecked activity in the property market.     

Using CARRX models to study factors affecting the volatilities of Asian equity markets

The range of daily asset prices is often used as a measure of volatility. Using a CARRX (conditional autoregressive range with exogenous variables) model, and the parsimony principle, the paper investigates the factors affecting the volatilities of Asian equity markets. Since the beginning of the new Century, emerging Asian markets such as Taiwan and Shanghai have been undergoing various stages of financial globalization. The volatility of the equity market may not be explained solely by its own dynamics. In this paper, we examine volatility using the following factors: (i) lagged returns; (ii) lagged absolute returns; (iii) own trading volume; (iv) U.S. factors; (v) European factors; and (vi) regional (Asian) factors. Points (i) and (iii) are by and large significant, while (ii) is not. Controlling for (i), (ii) and (iii), we find evidence that the volatility of European markets has spillovers on to both the Taiwan and Tokyo markets, mild evidence that the volatility of the U.S. market has spillovers on to the Hong Kong market, but there are no spillovers from the European or U.S. markets on to the Shanghai market.     

中国房地产业的泡沫分析

从1991年开始我国经济进入了一个高速、平稳增长的周期,在1998年2002年,以住宅建设为主的房地产业,在抵消亚洲金融危机影响、推动国民经济增长方面起到了积极的作用.但同时房地产业的兴起也引起了房屋价格的持续上升,尽管国家出台了旨在抑制投资的宏观调控政策,且效果已经显现,但房产价格与土地价格仍然继续上涨,且各地差异较大,部分地区出现了经济泡沫现象.到底应该如何判断中国房地产市场中的泡沫现象,本文将从概念分析入手,结合反映中国房地产市场表现的一些指标进行对比,对目前的房地产市场进行一些判断和分析.