论企业创新与规范化管理的关系——从智猪博弈的视角

企业发展稳定的程度,直接决定于企业基础管理水平的高低。企业基础管理水平的高低,又直接决定于企业规范化管理的程度。企业规范化管理就是通过建立、健全、完善、优化一套公开透明、上下认同、系统完整、行之有效的游戏规则来实施管理。可是,很多企业领导人总担心企业规范化管理会约束员工的创新探索,降低企业的创新力。由智猪博弈故事可知,一个企业有无创新力,与企业管理是否是通过游戏规则的建立、健全来实现无关,而仅仅与游戏规则的内容相关。任何企业组织,要保证创新力,规范化管理都是前提。只有规范化管理,才能建立、健全能激发员工创新热情、积聚员工创新能力的游戏规则。     

当前我国通货膨胀的成因分析及政策建议

我国CPI已连续13个月运行在6%以上,这意味着抑制通胀已成为我国政府亟待解决的问题。要有效抑制通胀,关键在于找到引起通胀的原因,再对症下药。本文首先简单介绍引起通胀的一般原因,然后,从我国经济管理制度演变的角度以及国际博弈的角度详细分析引起我国当前货币发行失控,进而引起我国持续通胀的原因。最后,对我国长期以来偏重外贸的经济发展战略和不合时宜的汇率制度提出改革建议,同时,这些建议也是控制我国当前通胀最为有效的措施。     

中国特色社会主义之“特色”剖析

建设中国特色社会主义是当今中国的时代主题，研究中国特色具有十分重要的理论意义和实践意义。“中国特色社会主义”命题的提出具有特定的理论起点、历史起点和现实起点；在长期实践中形成了“中国特色”的经济、政治和文化发展制度安排；在发展战略上根据中国的实际形成了分“三步走”基本实现现代化的发展战略，并不断丰富和发展。     

China＇s Industrial Policy in Relation to Electronics Manufacturing

China has become the biggest exporter of electronic products in the world. Government policy intervention has contributed significantly to the rapid expansion of the electronics industry. The present paper examines the evolutionary development of industrial policies related to the electronics industry in China and the impacts of such policies on the shaping of the industry. In particular, the relationship between foreign funded enterprises and domestic firms are examined in detail. The future trend of the industry is also discussed in the paper, and the policy focus of the Chinese Government is predicted.     

论城市商业银行在紧缩性货币政策下的发展趋势

为抑制经济过热、流动性过剩及通货膨胀等严重经济问题,紧缩性货币政策成为目前及未来一段时期内货币政策的必然选择,而该政策将极大左右银行业的经营业绩与资产质量。为此,我们有必要探讨在连续的紧缩性货币政策下,比较竞争力并不占优的城市商业银行所面临的关键问题及其所应调整的战术与战略。     

我国外汇市场动量效应的实证研究——基于改进的MA交易规则

本文构建了改进的MA交易规则,运用13600种策略对我国外汇市场上的动量效应进行了实证检验,发现存在着显著的动量超额收益,证明“有效市场”理论在中国外汇市场上并不成立。同时,这种超额收益也受到了人民币汇率形成机制改革的显著影响,机制改革后随着汇率弹性的增加和市场供求关系的逐渐体现,动量效应有所减弱,市场逐渐向“理性”发展。     

The cost of collusion：economic thinking on the uniform accommodation price of the hotel industry in Kunming,Yunnan

This paper studies the case of the collusive price of the hotel industry in Kunming by economically analyzingthe unsustainability of the collusive price and instability of collusive organizations, doubts about the collusive behavior,and thinks that the collusive price is not helpful to the development of tourism industry, the pillar industry in YunnanProvince.     

A Model for Studying the Effect of EMU on European Yield Curves

In January 1999, the European monetary union (EMU) was formally launched with 11 member countries. However, before May 1998 there was considerable uncertainty about who would join EMU, and whether the project would start on time. When a monetary union is formed, exchange rates between the member countries are irrevocably fixed, and yield spreads stemming from exchange-rate risk are eliminated. As a direct consequence, EMU affected the prices of long-term bonds well before 1999, but quantifying this effect can be difficult when there is uncertainty about the monetary union. We address these issues and develop a bond-pricing model which explicitly takes into account that a country may join a monetary union at a future, unspecified date. The empirical results show that a narrow EMU, consisting of Germany, France and the Benelux countries, has been priced with almost 100% probability throughout the period 1995–1998, whereas, on average, the implied probability of joining EMU has been somewhat lower for the other EU countries. However, in the period leading up to May 1998, the estimated probabilities have increased considerably for the countries that joined EMU in January 1999.     

Targeted poverty investments and economic growth in China

In the mid-1980s, the Chinese government launched its ambitious poor area development policy, which was centered around a series of grant, credit, and Food-for-Work programs. Ironically, for the remainder of the 1980s rural poverty remained at about 90 to 100 million, or approximately 10% of the rural population. The lack of progress cannot necessarily be blamed on ineffective poor area policies, since much of the agricultural economy was mired in a deep recession between the mid-1980s and the early 1990s. By the mid-1990s substantial additional poverty reduction had been achieved. Even in the late-1980s, farmers in many poor counties did better than the national average in terms of income growth. After accounting for the effects of macroeconomic elements, what factors can help explain the differences in performance among poor regions and between poor areas and rich ones? Can part of these differences be accounted for by poor area policies, in general, or by the way local and regional officials allocate their poor area investment funds, in particular?The overall objective of this paper is to analyze the effectiveness of Chinese poor area policy. Specifically, the paper seeks to meet three objectives. First, we want to understand the evolution of poor area policy since the mid-1980s, trying to deduce the true goals of central and regional poor area officials, as well as how these policies have been implemented in the provinces. Next, we want to understand the magnitude and scope of investment into poor areas, and examine if changes in these policies have affected the uses of the investment funds. Finally, we want to determine the effectiveness of the investment of poor area funds, analyzing which types of investments have generated growth, and which ones have not.