Can Banks Self‐Regulate? Voluntary Agreements,Intrinsic Motivation and Games

This article argues that lessons on how to achieve a sustainable financial system can be learnt from the work done on sustainable commons (on common‐pool resources – CPRs – where there is no ‘tragedy of the commons’). Existing approaches to financial regulation may not give proper attention to available solutions. The article proposes that innovative solutions could be tested using experimental methods commonly used in CPRs: repeat run, feedback driven games.     

美国金融危机与金融监管改革——基于新政治经济学的视角

金融监管的新政治经济学强调，作为一国政治制度行为主体的利益集团和政党在政策选择上具有十分重要的作用。本文分析了美国金融利益集团与左右翼政党的政策偏好对美国金融监管失灵与金融监管改革的影响。     

Crisis of Governance

Abstract

This paper looks at links between firms' behavior and the institutional environment in Russia. It seeks to show that the intentional weakening of the economic and administrative role of the state in the early stages of reforms has increased the economic and social cost of transition. This happens as the majority of firms in Russia still prefer short-term solutions and partial adjustment to full-scale restructuring as they often fail to show anticipated responses following privatization and price liberalization. The shortage of market-type response can be attributed to the fragility of market-based incentives. The new institutional economics maintains that the cradle for these incentives is the system of institutions, which are the rules of the game in the society or, more formally, the humanly-devised constraints that shape human interactions. Accordingly, this paper argues that for the post-communist reforms to achieve their objectives, it is essential for the state to provide a framework, institutionalizing economic conflict and thus contributing to sustainable development. However, the analysis suggests that the evolvement of a modern institutional rëgime in the country is likely to be delayed as a consequence of vested interest of a number of powerful economic groups.     

国际货币体系改革——金融危机后的思考

美国次贷危机引发的全球金融危机,使现行国际货币体系—牙买加体系的缺陷进一步暴露出来:美元本位制放纵了美国的过度消费,国际资本流动缺乏监管以及不稳定的汇率体系加剧了危机蔓延。虽然对国际货币体系的改革面临美元霸权、改革成本高等方面的阻碍,但改革现行的IMF以及扩展国际救助范围,加强金融监管力度已然成为改革方向。     

国际金融危机继续蔓延 我区地方经济如何应对——来宾市专题调查纪实

以来宾市为例，说明金融危机给广西地方经济带来了诸多负面影响：GDP增长速度降低；工业经济效益大幅下降；产品库存增加；企业资金困难；农业效益降低；就业形势严峻等等。最后，提出了相关对策建议。     

Exploring the relationship between educational mismatch,earnings and job satisfaction in the tourism industry

This article analyses the interrelationship between educational mismatch, wages and job satisfaction in the Spanish tourism sector in the first years of the global economic crisis. It is shown that there is a much higher incidence of over-education among workers in the Spanish tourism sector than in the rest of the economy despite this sector recording lower educational levels. This study estimates two models to analyse the influence of the educational mismatch on wages and job satisfaction for workers in the tourism industry and for the Spanish economy as a whole. The first model shows that in the tourism sector, the wage penalty associated with over-education is approximately 10%. The second reveals that in the tourism sector the levels of satisfaction of over-educated workers are considerably lower than those corresponding to workers well assigned. With respect to the differences between tourism and the overall economy in both aspects, the wage penalty is substantially lower in the case of tourism industries and the effect of over-education on job satisfaction is very similar to that of the economy as a whole in a context where both wages and the private returns to education are considerably lower in the tourism sector.     

论公共危机视角下党的执政能力建设

当前各种公共危机事件频发,反映出一些地方党的执政能力还不够强,危机管理体制和机制也不够完善。要增强危机意识和执政意识,改进工作作风,加强制度建设,提高党的执政能力。     

AIG在次贷危机中所扮演的角色及其启示

美国的次贷危机已经演变成波及全球的金融危机，在此次危机中有许多国际知名的金融企业陷入困境，其中就包括美国国际集团（AIG）。作为全球首屈一指的保险业巨头，AIG在次贷危机中由于流动性不足，从一家纯粹的私人企业变成了“半国有化”的企业，其根源在于制度层面的投资过度集中、风险管理缺失、创新工具滥用，和技术层面的数据充足性、假设准确性、模型有效性等问题。     

美国金融风暴的特征、原因及对策分析——马克思金融理论的现代解读

由2007年美国次贷危机引发的全球性金融风暴影响范围之广、破坏之严重百年一遇.这场风暴是由于美国虚拟经济的虚假繁荣、严重偏离实体经济和信用的恶性膨胀而引发:资本主义内部矛盾引发的经济周期性衰退和劳动人民消费能力不足是爆发危机的基础.危机已经引起国际金融市场的动荡,正在向实体经济迅速蔓延.为了保持实体经济稳定发展,国际社会要摒弃歧见,协力合作,积极采取务实而有效的政策措施防止金融危机的蔓延和扩散,维护世界金融的稳定和有效运转,恢复市场的信心和信用关系,促进实体经济健康、持续的发展.     

地方财经院校特色专业建设理论探讨

地方财经院校特色专业建设应该遵循为地方经济建设服务,侧重培养应用型财经人才,加强经济、管理类专业核心竞争力,发挥特色专业的示范性作用,适度超前等原则,在把握特色专业建设内容的基础上,应从评价标准和评价组织两个方面对特色专业进行评价和监控。