Budgetary institutions and fiscal discipline: Edmund Burke's insightful contribution

Recent developments in the political economy of public finance literature have focused on the features of budgetary institutions that facilitate budgetary discipline — a sub-discipline of constitutional economics. In this literature, there has been no attempt to trace the development of economic thought on the relationship between budgetary institutions and fiscal discipline. This may be because debt accumulation in peacetime is seen as a late twentieth-century phenomenon. As a result, Edmund Burke's contribution, in his speech ‘On Economical Reform’, seems to have been forgotten. This paper highlights Burke's contribution and identifies the extent to which it captures those features of budgetary institutions that are currently recognized as facilitating budgetary discipline.     

基于灰色理论的义务教育学校校长绩效管理理论研究

本文在对义务教育学校校长评价指标，灰色系统理论以及相关文献进行梳理的基础上，用灰色系统理论对义务教育学校校长的工作进行绩效评价，优化了传统绩效评价的方法，分析比较了不同校长之间各层面的差别使教育管理部门更加全面的分析原因，采取措施以提高教育水平。     

An empirical analysis of disinvestment policy in India: does ideology matter?

Using panel data estimation for limited dependent variables and sample selection models, we identify political, industry specific, firm specific and macroeconomic variables which influenced the decision to divest central public enterprises in India between 1991–2010. We find that higher partial privatization is driven by a more right-winged coalition, lower ideological spread in the coalition and lower ideological difference between the center and the state in which the public enterprise is located. We also find that after the government selects larger, more experienced and more profitable firms, it divests the relatively less experienced and less profitable firms to a larger extent.     

Using Travel brochures to Target Frequent Travellers and ”Big-Spenders”

Travel brochures are used throughout the industry to promote virtually all tourist destinations. This study examines how regional travelers request and use this material, specifically focusing on the relationships between brochure use and propensity to travel and travel expenditures. The results from a mail survey of 276 marginally related to high conversions, yet those marketing destinations can distinguish between how brochures are used and travel propensity and travel expenditures.     

Emerging Interaction of Political Processes

Abstract

The emerging interaction of political processes sets the stage for the level of macro uncertainty and specific risk events that may occur in an international relationship. Strongly defined social control in Cuba, formal and informal, dominates the dynamics of the relationship, while simultaneously government, formal, action in the U.S. dominates the ability of American individuals to further the relationship. This study examines the development of a long-term relationship between two universities from the U.S. and Cuba. Over a period of eight years the relationship changes considerably as events on the macro stage play out and the environment for détente shifts. The key focus of this relationship lies with developing the study abroad program, taking students from the U.S. to Cuba.     

政治伊斯兰的崛起与埃及的世俗化

作为世界三大宗教之一的伊斯兰教在埃及具有深厚的群众基础和广泛的精神认同，但是与其他宗教不同的廷伊斯兰载不仅具有广适的精神认同，同时还对世俗生活产生着巨大的影响。在不断的发展过程中，一些伊斯兰教精英分子开始有意识的将伊斯兰教进行政冶伪撩善，特伊新兰教的教义、传统、责任进行重新解释．基于伊斯兰教义提出政治诉求。政治伊斯兰势力应时而生。作为一种政治化了的宗教，其对社会世俗化的影响值得广泛关注。     

Political Opinion Leadership and Electoral Behavior

SUMMARY

A micro-model that focuses on political opinion leadership within an extended nomological network is developed and tested. Data were gathered from a sample of voters in an election. The results indicate that political opinion leadership played a central role in the voting behavior. Key antecedents to opinion leadership were voter involvement, subjective knowledge, and indirectly, information seeking behavior. Important consequences were voting stability, perceived risk and political satisfaction.     

INSTITUTIONS AND PERFORMANCE IN EUROPEAN LABOUR MARKETS: TAKING A FRESH LOOK AT EVIDENCE

Abstract This paper presents a selective survey of the recent literature on labour market institutions and offers new empirical EU‐based evidence on the impact of labour market reforms on employment and labour market adjustment. Although the literature traditionally treats labour market institutions as exogenous, attention shifted recently towards understanding the underlying causes of specific institutional arrangements. As a consequence, the literature highlights the great importance of an efficient policy design exploiting these interactions wisely and identifies general principles for achieving an efficient policy design at both macro and micro levels. Although empirical evidence does not show a major change in terms of intensity of labour market reform after the setting of the Economic and Monetary Union and the creation of the euro, the reforms aiming at strengthening the labour market attachment of vulnerable groups tend to have been successful both in raising their employment and increasing labour market adjustment.     

Expropriation risk and technology

This paper develops a unified framework to analyze the dynamics of firm investment in countries with poor legal enforcement. The firm's technology edge over the government generates endogenous property rights. Industry variation in the technology gap predicts a sectoral pecking-order of expropriations. Long-run investment distortions may be Pareto superior relative to persistent investment at the static optimum. The dynamics of investment and transfers depend on whether incentives (backloading) or efficiency (frontloading) concerns dominate at the initial division of surplus. An increase in government efficiency may reduce its welfare. The model provides a technology-driven rationale for the widespread use of conglomerate structures in emerging market countries.     

试论私有财产权对我国政治民主建设的意义

私有财产权是宪政国家的基石。私有财产权保障了自由和民主原则得以实现、促进法治建设的进程、增强公民参与政治生活的意识。