高利贷:从国际到国内的思考

在互联网上搜索一下，关于高利贷的内容有60多万条!据统计，从1502年到1875年关于高利贷的书籍、文章和相关史料就多达3000多件。很显然，这是一个十分复杂和具有感情色彩的话题，也是让经济学家和史学家流连忘返的肥沃土地。 人类社会自从产生借贷关系以来，关于高利贷的争论从来没有停止过。早在公元前1800年巴比伦法典     

别样年关——追问“年底突击花钱”

年关一词,并无贬义。又是一年年关,在这个辞旧迎新的时节上,财政人显得有些被动。原因就在于突击花钱。显然,舆论口诛笔伐突击花钱,板子大都挥向了财政部门。而经过记者的多方采访发现,财政部门也确实无法回避对这个问题所负的责任。     

Ex ante performance from ex post models of global equity market correlations

Analysis of ex post returns reveals the time series properties of correlations, but ex ante correlations are required for efficient diversification. We find that a time-varying parameter model offers the best fit to ex post global equity market correlations, suggesting changing mean correlations and changing rates of adjustment back to the means. Nevertheless, we do not find improved forecast performance from time-varying parameter models in holdout periods. The added complexity of time-varying models does not translate into lower forecast errors.     

Three tenors in perfect harmony: “close readings" of the joint letter by the heads of aluminium giantsalcan , pechiney, and Alusuisse announcing their mega-merger plan

Speeches, shareholders’ letters and other utterances by business leaders help shape what is accepted as legitimate discourse in organizations and society. This paper focuses on the joint letter, issued by the CEOs of three global aluminium companies, announcing a proposed unique three-way merger. That letter is read and analysed closely, both in terms of content and context. The themes of ideology, audience and metaphor are employed with the intent to make the cognitive world of the three leaders at least partially visible, and to sustain needed counter-discourse. The analysis of the joint letter reveals an elitist, exclusionary text based upon assumptions that are consistent with the extreme rhetoric of the allegedly “free" market.     

Corporate governance in South Korea: the chaebol experience

Utilizing a large sample of South Korean firms, this paper explores the impact of corporate governance in an emerging market country dominated by a few large business groups. Firms affiliated with the top five groups (chaebol) exhibit significantly lower performance and significantly higher sales growth relative to other firms. Furthermore, top executive turnover is unrelated to performance for top chaebol firms, indicating a breakdown of internal corporate governance for the largest business groups. Internal corporate governance appears much more effective for firms unrelated to the top chaebol as managers at poorly performing firms are significantly more likely to lose their job. These results imply that the lack of properly functioning internal corporate governance among the top chaebol, which dominate the Korean economy, may have increased the severity of the recent financial crisis.     

Application of a vision in the Lake District of Salzburg

Understanding the complexity of landscapes is an essential prerequisite to propose strategies for landscape development in the mid future, to predict long-term effects of landscape change, and assess future demands on landscape resources. In order to be able to direct today's landscapes to a possible future state (German: Leitbild), landscape planning must include socio-cultural, economic and political considerations in addition to ecological aspects of the landscape. In response to this challenge, this paper unifies the Leitbild concept with a spatial explicit planning procedure and introduces a case study application for describing and classifying landscape visions based on a transdisciplinary, holistic concept.The general assessment system of planning a vision is adapted to the natural, cultural, political and economic conditions of the given case study area in the Federal States Upper Austria and Salzburg (Austria). The assessment system includes exercises that identify the assets of the planning procedure and encourage stakeholders, scientist and local people to collaborate in planning and implementation processes. This paper provides an overview of planning procedures from the Leitbild perspective, outlines problems encountered in the case study, and compares them to the findings of other scholars.     

The death of the urban vision?

Debate on the future city has changed greatly in the last 20 years. From visions of a distant, orderly and mobile Utopia, peopled with enlightened ‘modern man’, concerns have become more sporadic and less coherent, determined by economic recession and the need to preserve existing urban social fabric rather than with the need to plan holistically for the city of the future. However, there should be no return to the earlier modernist visions, which lacked sufficient social understanding (as illustrated by failed experiments with highrise flats in the UK). Planning for the city of the future must be based on realistic societal needs.     

Bug planet: Frontier myth in Starship Troopers

This paper examines Paul Verhoeven's 1997 film Starship Troopers against Robert A. Heinlein's eponymous 1959 novel, arguing that both productions reinscribe the ideologies of America's mythic frontier history in their fictional futures. The paper shows that despite the conspicuous postmodernisation of narrative in Verhoeven's adaptation, components of the frontier mythology codified in Heinlein's novel— expansionism, Social Darwinism and a violent relationship with the indigenous Other—remain at the film's thematic centre.     

The End of the Line for British Rail

The privatization of British Rail is now effectively complete, although criticisms directed at the outcome are extensive. This article examines the National Audit Office's work on rail privatization, and looks at problems highlighted by various pressure groups. It is argued that the new system has been going through its teething stages, and that many of the most obvious deficiencies are being addressed. The longer-term outlook is therefore reasonably positive.     

委托理财:政出多门可以休矣

现行法规的矛盾与困惑 我国<信托法>定义:"信托,是指委托人基于对受托人的信任,将其财产权委托给受托人,由受托人按委托人的意愿以自己的名义,为受益人的利益或者特定目的进行管理或者处分的行为."由此理解,符合上述定义要素的各种形式委托理财行为均应属信托行为,包括资金信托和基金投资行为.     

朗讯科技:弄潮网络时代

<正> 我们正生活在一个激荡的时代。通信产业不仅在迅速增长,而且它还在飞快变化。目前全球出现了数以千计的新的电信营运商来提供电话和因特网业务,他们都要为竭力构建融合的、可靠的高速语音和数据网络。作为这样一个巨变产业的必然结果,对于未来网络产品和服务的需求将持续高涨,无论是光、分组、宽带、软件、半导体、无线还是网络咨询,而这些正是朗讯的优势所在。 未来通信业将继续迅猛地发展,预计到2003年世界通信系统市场总额约为     

危机对中国影响到底有多大——一个全球的、抽象的、历史的视角

最近被人问及最多的问题是,危机对中国影响到底有多大? 坦率地讲,没有人能准确地给出一个程度,但是我或许可以给出一些看问题的视角,比方说全球的格局、抽象的测算,历史的时空猜想等等.     

Futures studies in Italy and The limits to growth

This article describes the introduction of futures studies to Italy and especially the contribution of Aurelio Peccei, the founder of the Club of Rome and an inspiration behind The limits to growth. To set the scene, the author shows how Italian futures studies absorbed technocratic and visionary ideas from prospective studies in France, particularly those of Bertrand de Jouvenel and Gaston Berger. The author explains Aurelio Peccei's role in promoting Limits and the Club of Rome. She reflects also on her own personal involvement with Peccei, as a friend, as member of the Club of Rome, and as a long-standing participant in the Italian and worldwide futures movement.     

美联储:加息之路远未了

2005年6月30日,美联储决定将基准利率再度提高25个基点,达到3.25%,这是美联储自2004年6月30日以来连续第9次加息。同时,美联储将商业银行拆借利率的重贴现率也调高25个基点,至4.25%。联储在这次加息后的声明,几乎与5月份一模一样, 只是对于经济增长的预期更加乐观。美联储在声明中表示,将坚持其货币政策维持于“适当”的水平,并继续引用“循序渐进”的办法来继续其加息的步伐,目前的货币政策依然是“刺激性”的,通过这些表述,市场认为美联储将不会很快停止加息的步伐。具体理由如下: