应对气候变化的国际经验及其启示

工业化以来人类排放的温室气体引致的气候变暖,已成为国际社会中的一个热点话题。世界各国从立法、制定规划或国家行动方案、采用总量控制和交易等市场手段、技术研发和创新、成立专门机构等途径应对气候变化。随着外部压力的日益增加,我国应将应对气候变化摆到国内战略转型的重要位置,采取综合措施,加强国际合作,提高气候变化的应对能力,实现低碳发展转型。     

市场利率季度性回升

<正> 2001年一季度,全国银行间同业交易系统的交易规模与去年同期相比大幅增加。与上一季度相比,交易量总体上小幅回升,单日交易量数创新高。其中拆借和回购交易升幅较大,但现券买卖有较大幅度的下降。融资利率较去年同期和上一季度都有所回升,一些较长期限品种的利率水平上扬幅度较大。交易持续活跃,单日成交量创历史新高 2001年一季度,银行间同业拆借     

The year of commissions.

Despite mutterings that today's political climate is unreceptive to health care reforms, would-be reformers are inching forward under several high-powered commissions and task forces.     

股份回购的立法问题

所谓股份回购是指股份公司通过一定的途径收购回自己发行在外的股份的行为。股份回购将直接导致公司流通股的减少，通常被认为是公司减少资本的行为，有违资本充实和资本维持原则；同时，股份回购还会带来一系列问题，它有可能侵害债权人利益，并且为市场操纵和内幕交易提供土壤，破坏市场正常的竞争秩序，因此，许多企业原则上都禁止公司进行股份回购。但是，在一定条件下，为了达到调整资本结构，扭转经营状况，抵制恶意收购，稳定股市行情，保护股东利益，强化内部人控制，便于职工认购股份等目的，股份回购又是被例外允许的。股份回购作为一种有利有弊的公司行为，必须在立法上予以严格规范，将其限制在一定的范围内。     

Impacts of back to the land policies

A model of rural-urban migration is formulated for some developing economies. The emphasis is on decision making under uncertainty by the rural household. An income effect which is related to some hypotheses concerning behavior of the household towards risk is included along with a conventional price effect in the model. The impact of back to the land policies on the rate of migration in this model differs from the results of some models by Todaro and Harris and several refinements to the Harris-Todaro model as are nicely summed up in an article entitled ‘Internal Migration and Economic Development: An Overview’ by Lucas. The principal result of this analysis lies in its challenge to the conventional wisdom that back to the land policies necessarily dampen rural exodus.     

The macroeconomics of India's 6th five year plan

A macrodynamic model is constructed to analyse the potential stabilization problems related to the implementation of the 6th Five Year Plan in India. The model is in the applied general equilibrium tradition emphasizing the role of structural factors in the macroeconomy. The macroeconomics of the plan are discussed in relation to the development of the overall savings investment balance. The performance of the private savings and the agricultural production capacity is shown to be crucial to achieve the planned growth with stable inflation and income distribution.     

The Brexit effect: the case of UK ADR performance one year later

In an unexpected outcome, UK voters decided that it was time to exit the European Union based on the results of a vote held on 23 June 2016. Studies of the affects and implication of Brexit include a study showing that the vote was met with a negative short-term wealth effect for UK American depository receipts (ADRs). This study examines the one-year anniversary holding period returns of these ADRs along with the British Pound and the FTSE 100 to discover any lingering effects from the historical vote. Results indicate that the one-year holding period returns for the ADRs averaged 5.8% for the year while the FTSE gained 4.8%, the S&P 500 gained 15.4% and the Pound lost 13.2% of its value.     

The emergence of extended metropolitan regions in ASEAN: towards the year 2000

"This article analyses the growth of large Extended Metropolitan Regions in the Association of South East Asian Nations (ASEAN) in the period since 1960. The analysis reveals two trends. First, urbanization levels in ASEAN countries are rapidly increasing. By the year 2000, almost 40 per cent of the population will be urban residents. Second, these accelerating processes are creating giant urban regions, called Extended Metropolitan Regions. Analysis of demographic patterns of the emergence of the major urban regions of ASEAN...reveals that these are major areas of economic growth, with industrialization, building development and leisure activities fuelling this process. However, this rapid growth is causing major problems of urban infrastructure provision, land use conflict and environmental deterioration."     

世界经济：2005年的回顾与2006年的展望

（一）世界经济增长仍较顺遂 1．原油价格高涨，世界经济仍有顺遂的增长。 2005年世界经济的最大困扰因素是原油价格的高涨、甚至是暴涨。原油价格（有代表性的油种、纽约当成的美国得克萨斯中质原油的每桶美元价格）以2005年初到秋季便高涨了约45％。特别是飓风袭击美国南部地区使该地区的有关石油设施受到毁灭性的破坏，8月在原油价格突破了每桶70美元的高价位（比2005年初高涨了55％。其后原油的价格虽有稍许下降，但2005年8—11月的平均价格仍超过一桶60美元，约在2004年的年平均价格上涨了50％左右。