The Market, Liberty and the Regulatory State

A successful market economy offers the greatest extent of liberty consistent with reasonable security. But in recen times, the legal system has been used to 'improve' on competition and to impose impossibly high safety standards. This will lead to long-term damage to liberty and prosperity.     

Why Exempt Doctors from the Market?

The medical profession in the United Kingdom is almost completely protected from the dissatisfaction of patients. Chris Charles, a solicitor, calls for the abolition of restrictive practices in the NHS and the re-establishment of consumer sovereignty.     

Market Remedies for State Transport Paralysis

A recent publication from the National Center for Policy Analysis in Dallas confirms the superiority of the supply of transport through prices in the market over provision by state allocation John Hibbs, Director of the School of Transport Studies at the City of Birmingham Polytechnic, extends the analysis to transport in Britain, and warns of obstruction by vested interests.     

中国轿车市场现状及趋势分析

文章对近两年中国轿车市场做了深入的分析,并对入世以后中国轿车市场的发展趋势做了预测。     

中国轿车市场现状及趋势分析

文章对近两年中国轿车市场做了深入的分析，并对入世以后中国轿车市场的发展趋势做了预测。     

我国住房信贷市场为什么"火"不起来?

目前,我国的住宅建设与商品房消费,已逐渐成为推动经济发展的新增长点.个人住房信贷作为有力的金融工具,不仅能够有效地提升个人即期支付能力,满足个人购房的需要,带动住房消费市场的发展,而且能够有效地改善银行资产质量,提高银行的赢利水平.完善城市个人住房信贷市场,对推动我国住房建设和消费,促进国民经济发展具有重要的积极作用.     

State Spending: What to Cut, Where, and Why

The growth of government has abscured the erstwhile clarity of its tasks Geoffrey Wook, of City University Business School, considers cuts in state spending that would clarify the function of government, reduce its burden on the taxpayer, and re-establish its central and limited purpose.     

国家隐性补贴、银行结构与超量货币增长

本文以内生货币增长理论为理论基石，分析了中国超量货币产生的理论原因。通过一个静态均衡模型我们发现：其一，在完全竞争的银行体系中不存在货币超量发行的机制。其二，国家对金融体系特别是国家银行隐性补贴，以及国家银行垄断的银行结构是中国超量货币增长的两个必要条件。其三，模型还证明银行垄断和国家补贴是造成银行机构过度扩张的主要原因。最后文章分析了国家补贴造成贷款过度增长的新机制，并指出超量货币增长在长期是不可持续的，它的后果是国家负债的增加和金融风险的累积。     

怎样搞好市场经济条件下的国家投资审计

国家建设项目必须进行全过程审计监督，要遵重市场的客观规律，审计中要注意三个结合。     

Female Pay: Has the State Unshackled the Market?

Liberal economists view equal pay legislation for women as a distortion of market signals; interventionists approve of it for this very reason. Dr Zafiris Tzannatos, of the University of Buckingham, contends that unexpectedly, such legislation may have released the labour market from longer-standing prejudicial distortions.     

The Performance Differential between Private and State Owned Enterprises: The Roles of Ownership,Management and Market Structure

abstract This article examines differences in performance between private companies (POEs) and state owned enterprises (SOEs), with an emphasis on the effects of market structure. The study uses a comprehensive panel covering in principle all registered companies during the 1990s in Norway, a country where SOEs play an important role in regular markets. Return on assets as well as costs relative to sales revenue are used as measures of performance in markets where SOEs and POEs compete with each other. Overall, POEs perform significantly better than SOEs. The study tests the hypothesis that SOE managers may learn from POE managers in environments with stronger competition, but finds only weak empirical support for such a learning mechanism.     

The Housing Market

The housing market recovery has continued to gain momentum with activity accelerating and prices continuing to increase strongly on all measures in the latter part of 2013. This trend looks set to continue in the short‐term, with the latest survey data from RICS reporting strong growth in new buyer enquiries…     

The Housing Market

The housing market ended 2013 on a strong note, with momentum building in both prices and transactions. And market indicators point to further acceleration in activity and prices this year. As of March, annual growth in property prices was running at around 10% on the ONS, Nationwide and Halifax measures, with London prices were reported to have increased by 18% in the year to February…     

迈向市场经济的中国资本市场

以证券市场为主体的整个中国资本市场,从1991年开始到世纪之交已经步人了第十个发展年头,在过去的九年间,市场在规范与探索中迅速发展,已迈上一个新的台阶,使得资本市场在国民经济中所起的积极作用日益显著,已逐渐成为中国经济发展的一个重要推动力。证券市场发展已初具规模。截至1999年底,境内上市公司已达949家,境外上市公司46家,筹资4400多亿元,股票市场筹资与银行贷款增加值之比达到10.26％,反映了我国证券市场企业直接融资能力的发展,近年来上市公司以30％的速度发展,国内股票市值已达2.65万亿人民币,占GDP比重近32％,投资者大约4400多万户,投资基金44家,发行规模达505亿元,证券营业机构近430家。仅1999年,发行国债4015亿元,发行金融债券1801亿元,发行企业债券200亿元。证券法的实施使我国证券市场的法律、法规逐步健     

外资银行进入与东道国银行体系的稳定性：以新兴市场国家为例

20世纪80年代以来,金融自由化、国际化与一体化风靡新兴市场国家,大量资金实力雄厚的外资银行的进入,使得这些国家的银行和金融市场面临一个更加复杂多变的宏观经济环境.本文即针对外资银行进入与东道国银行体系的稳定性问题展开理论与实证的分析.最终得出结论:外资银行的竞争对本国银行体系稳定性增强的正面效应是受到一系列约束条件限制的.本国的政府监管水平、监管质量、公共治理能力等,将是维持本国银行体系稳定的重要保障.