新疆与中亚区域经济合作的问题与对策

随着上海合作组织的建立及其在推动区域经济一体化方面取得的进展,中亚（本文特指亚洲的中部地区,包括哈萨克斯坦、乌兹别克斯坦、土库曼斯坦、吉尔吉斯斯坦、塔吉克斯坦五国）在世界和亚洲区域经济合作中独特的地区和战略优势日渐显现,是连接中国与中亚及欧洲的桥梁。新疆是中国西部极具发展潜力的地区,     

拓宽区域金融合作途径 促进区域经济金融和谐发展

<正>此次环渤海区域金融合作发展研讨会在青岛召开,我代表青岛市政府对参加本次研讨会的人民银行的各位同志及各位专家表示热烈欢迎,并对会议的召开表示热烈的祝贺!首先,我向大家介绍一下青岛概况。青岛现辖五市     

中国参与中亚区域能源合作的策略

二十一世纪以来,中亚地区以能源工业为优先重点领域,以其能源储量丰富、能源生产能力不断增强的发展潜力一跃而成为世界主要能源供应区之一,国际地位越发凸显,并开辟了多元化能源出口渠道。中国从小项目合作开始到中哈石油管道开通,逐步进入中亚区域能源合作的主流渠道,与中亚国家的能源合作渐次展开,不断深入。展望中亚区域能源合作将可能开辟多元化、多模式、多赢互利合作的新时代,中国与中亚区域能源合作应与时俱进,采取“六化”策略。     

“乌洽会”:打造中西亚区域经济合作平台——乌鲁木齐对外经济贸易洽谈会九月将再次登场

<正>新疆维吾尔自治区目前有17个对外开放口岸。是我国连接中亚、西亚的重要通道和欧亚大陆桥的必经之地,也是我国开拓中亚、西亚和南亚市场及向西开放的桥头堡。新疆在东西联动、推进中西亚区域经济合作中的地位无可替代,而“乌洽会”因为十几年的打造和已经形成的影响力最有希望成为中西亚地区最有影响力的经贸盛会,从而有效     

“丝绸之路经济带”背景下中国与中亚贸易发展合作探析

随着丝绸之路经济带战略的提出,中国与中亚国家之间的经贸关系得到广泛关注。本论文主要通过"丝绸之路经济带"渊源的阐述,对中国与中亚贸易发展中存在的问题进行了深入细致地研究和分析,并且针对这些问题和挑战提出了合理有效的促进中国与中亚双边贸易发展合作的建议及对策。     

“注册会计师行业服务中亚区域经济合作示范基地”在新疆成立

正12月19日上午,中注协、乌鲁木齐经济技术开发区(头屯河区)管委会以及新疆注协在新疆乌鲁木齐举办了"注册会计师行业服务中亚区域经济合作示范基地"建设动员部署会。新疆财政厅郑军总会计师,中注协董新钢副秘书长,乌鲁木齐经开区管委会薛继海主任、郭洪耀副主任,新疆注协张贵财秘书长出席动员部署会并发表讲话。新疆财政厅相关处室、乌鲁木齐经开区有关部门、驻区企业代表及新疆会计师事务所代表等参加。会议由郑军总会计师主持。会上,同时举行了示范基地签约揭牌及网上服务平台开通仪式,标志着第11家会计服务示范基地正式成立。     

拓宽区域金融合作途径促进区域经济金融和谐发展

此次环渤海区域金融合作发展研讨会在青岛召开,我代表青岛市政府对参加本次研讨会的人民银行的各位同志及各位专家表示热烈欢迎,并对会议的召开表示热烈的祝贺!     

中国参与区域经济合作的现状及发展策略研究

随着经济全球化的发展,区域经济合作浪潮已波及整个世界。区域经济合作的迅猛发展,对世界经济整体格局及国际经济秩序产生了重大影响。中国要以更积极的姿态参与区域经济合作,着眼于市场多元化战略,统筹提出贸易、投资、金融等政策措施,实现区域经济合作布局的总体协调。本文阐述了中国区域经济合作的现状、存在的问题并在此基础上提出了相应的发展策略。     

依托上海合作组织 促进新疆与中亚区域经济一体化进程

上海合作组织是为了应对全球经济一体化和政治多极化,我国与中亚诸国建立的包括军事、政治、经济、文化、外交在内的全新的战略合作联盟,新疆作为我国与中亚接壤的区域利用上海合作组织这一全新平台有广阔的经济发展空间,借势造力,推进中国新疆与中亚区域经济一体化进程应该成为国家和自治区的重要战略选择。     

搞好特色经济促进区域发展

在我国,各区域之间一直存在着很大差距,对此,我们要有正确的认识.我们应该树立和落实科学的发展观,抓住机遇,搞好特色经济,促进区域发展.     

Suggested changes in accounting education to meet the demand of the profession

Accounting education is going through rapid changes. New rules and regulations are so numerous that accounting educators can barely keep pace. New teaching techniques and procedures are needed. This paper suggests some ways that accounting educators can adapt to their rapidly changing environment.     

Looking for risk premium and contagion in Asia-Pacific foreign exchange markets

This article tests pure contagion effects among four Asian foreign exchange markets, namely, Japan, Hong Kong, Singapore, and Taiwan during the 1997 Asian crisis. A conditional version of international capital asset pricing model (ICAPM) in the absence of purchasing power parity (PPP) is used to control for economic fundamentals or systematic risks. The empirical results show strong contagion effects in both conditional means and volatilities of those markets after systematic risks have been accounted for. Specifically, the contagion-in-mean effects are mainly driven by the past return shocks in Hong Kong, Singapore, and Taiwan. As for contagion in volatility, the lead/lag relationships appear to be multidirectional among Japan, Singapore, and Taiwan, but between Hong Kong and Singapore, and between Hong Kong and Taiwan, they are unidirectional, with Hong Kong playing the dominant role in generating negative volatility shocks. In addition, the conditional ICAPM with asymmetric multivariate general autoregressive conditional heteroscedastic in mean (MGARCH(1,1)-M) structure is able to explain/predict on average 17.28% of the return variations in those markets. Therefore, this study provide a further evidence that the time-varying risk premium is a very strong candidate in explaining the predictable excess return puzzle [Lewis, K. K. (1994). Puzzles in international financial markets. NBER Working Paper No. 4951] since the risk premia founded in this article are not only statistically significant but also economically significant.     

腾博（TANDBERG）视通助力加快电力行业决策

美国坦帕电气（Tampa Electric）公司是美国TECO Energy公司的四大子公司之一。自1899年,坦帕电气公司一直为美国佛罗里达州坦帕海湾地区提供电力。坦帕电气公司的西部中心佛罗里达服务区覆盖面积达2000平方英里,覆盖了整个希尔斯堡县（Hillsborough）、珀克县（Polk）、帕斯可县（Pasco）和派拉斯县（Pinellas）的部分地区。该公司有4400兆瓦的生产容量。超过64．5万个家庭、商业用户和工业用户依靠坦帕电气公司提供稳定可靠的电力和增值能源服务。     

Investigating M3 money demand in the euro area

Euro area monetary growth has exceeded its target since 2001. Likewise, recent empirical studies did not find evidence in favour of a stable long-run money demand function. In contrast to the bulk of the literature, we are able to identify a stable long-run money demand relationship. This result is obtained when the analysis is done without the short run homogeneity restriction between money and prices. The basic equation can be improved by allowing for asymmetric adjustment. In a low inflation environment, opportunity costs of holding money have decreased. Thus, the apparent monetary overhang is reconciled within standard models.     

Modelling the demand for M3 in the Euro area

Modelling monetary transmission is central to understanding the role of monetary policy in the Euro area, and money demand is commonly seen as a link in that transmission mechanism. Since the beginning of the 1990s, many studies have suggested that the demand for Euro area broad money is stable over the long run because the estimation of an area-wide demand for money function provides an appropriate solution to a number of potential causes of misspecification of the single-country relations (such as spillover effects and currency substitution), and enjoys the positive consequences of a statistical averaging effect. On the other side, it must be stressed that previous benefits can be achieved at the risk of introducing parameter heterogeneity into the area-wide relationship. In order to shed some light on the issue, this study is first devoted to an analysis of the main econometric features of the money M3 demand at Euro area and single country levels, then it compares the two sets of results in a common framework that, differently from all previous studies, explicitly takes account of the potential nonstationarity of the variables of interest in both estimation and testing phases. The comparison shows that the area-wide money demand is more smooth and less subject to shocks than the single-country ones. Finally, a number of poolability tests run over subgroups highlight that low precision associated with the estimates of the parameters of the national models makes it impossible to exclude that their long-run specifications do in fact coincide.     

Systematic risk, and oil price and exchange rate sensitivities in Asia-Pacific stock markets

This paper examines the relationship between beta risk and realized stock index return in the presence of oil and exchange rate sensitivities for 15 countries in the Asia-Pacific region using the international factor model. Thirteen of the 15 countries have the expected beta signs and show significant sensitivity to domestic risk when the world stock market is in both up and down modes. In terms of oil sensitivity, only the Philippines and South Korea are oil-sensitive to changes in the oil price in the short run, when the price is expressed in local currency only. Basically no country shows sensitivity to oil price measured in US dollar regardless whether the oil market is up or down. Nine countries are affected by changes in the exchange rate. In terms of relative factor sensitivity distribution, one is willing to conclude that these stock markets are more conditionally sensitive to local currency oil price changes than to beta risk wherever the relationships are significant.     

The future of employment supply and demand in social Europe

The assessment of employment prospects during the period up to 2020 needs to take into account the effects of the 2008/2009 downturn. We propose two scenarios that capture distinctive trajectories in order to elucidate some of the potential strategic demands for future employment policy. We forecast the average level of education of the working-age population will increase significantly during this decade and therefore the mismatch between the needs and supply of skills is likely to be significantly reduced. Furthermore, the inherent mobility of the working population will increase together with higher levels of education.     

Forward exchange rates as predictors of future spot rates and the efficiency of the foreign exchange market

The theory of informationally efficient markets (EMIT) is applied to the foreign exchange market and some of its operational implications are illustrated. The EMIT is joined with alternative models of the equilibrium return on the foreign exchange market: the Pure Expectations Hypothesis, the Modern Theory and tentative formulations of return as a function of risk. The alternative joint Hypotheses are rejected by the data but this does not necessarily imply the rejection of EMIT. The rejection may be due to the inadequacies of the equilibrium return models used, notwithstanding the fact that the risk premium has been captured, to a certain extent, in the empirical tests and the evidence against the EMIT weakened.     

Toward a sustainable energy future in Australia

Envisioning Australia's energy future through a ‘strong sustainability’ framework would see a future that is based on the efficient and equitable use of energy, sourced from a diverse range of renewable, distributed energy systems. Supply and use of this energy would produce low or zero greenhouse gases and other emissions. A sustainable energy future in Australia would also see a shift in focus to meeting energy service needs (rather increased energy consumption). Importantly, energy users would be empowered, being knowledgeable and active participants in energy markets. In reality, Australia currently stands a long way from this vision: energy-related greenhouse gas emissions are growing rapidly; take up of renewable energy is slow, particularly of distributed energy forms such as solar photovoltaics; and energy intensity of the economy is declining at a slower rate than many other OECD economies. Furthermore, Australians consume far more energy than is required to meet the service needs of even modern lifestyles. If Australia is to move towards a sustainable energy future, then significant barriers must be overcome including aspects of Australia's economic structure, a misdirected energy market reform process and a lack of visionary thinking by decision makers. Hope comes in the form of the broader Australian community who intuitively support a sustainable energy vision but currently lack the institutional, market and regulatory support to make it happen.