心中只有一首歌--记国家审计署广州特派办金融审计处巾帼"三剑客""

"我来唱一首歌,古老的那首歌,我轻轻地唱,你慢慢地和.是否你还记得过去的梦想,那充满希望灿烂的岁月.你我为了理想历尽了艰苦,我们曾经哭泣也曾共同欢笑.但愿你会记得,永远地记着……"这是一首她们最爱唱的歌.有时唱响在嘴上,但更多的是吟唱在心底.她们说,这首歌,是唱给亲人朋友的.     

TCL之鹰蓄势待飞

TCL因为在欧洲并购的影响之大、金额之巨而备受瞩目;TCL也因为这次海外并购严重受挫,而将被载入记录中国企业国际化征程的历史。TCL这场国际化战争还在继续,胜负尚未揭晓,但我们可以看到,在李东生的引领下,TCL仍在坚定不移地朝着他们既定的目标努力,努力,再努力!"苟利国家生死以,岂以祸福避趋之。"当李东生们以此自勉的时候,我们以为,没有理由不对中国企业家的精神肃然起敬。     

One more time,it is not about cost!

In this JOM Forum article, published in conjunction with the Special Issue on Manufacturing in the High-Cost Environment, two operations management heavyweights Richard Schonberger and Karen Brown examine the missing link between manufacturing research and practice.     

Neoliberalism is Dead … Long Live Neoliberalism!

In this essay I argue that the ideology of neoliberalism may have failed, but that neoliberal practice is alive and kicking. Most of the ‘solutions’ to the crisis are in the spirit of neoliberalism, rather than enraptured by neoliberal spirit. Yet, this neoliberal solution is not a solution; it is part of the problem in the sense that it is leading to more problems — not just today but also in decades to come. This so‐called solution is often presented as Keynesian, but it is only partly so. A better way to classify this solution is as an attempt to save the existing, neoliberal, system. The big crisis of our time did not become a crisis of the hegemony of neoliberalism, because actually existing neoliberalism is flexible enough to influence policy in other ways than through the mantra of free markets: it thrives on presenting existing socioeconomic conditions as failing and neoliberalism as the best solution. Considering the many blows neoliberal ideology has received during this crisis, it should already be dead, but like a creeping cancer neoliberal practice is able to resurface and show up in both new and unexpected, and old and predictable, ways.     

There is no smoke without a fire: The effect of government interventions in less advanced economies

The lack of liquidity in the interbank market during the crisis of 2007–2011 led governments to impose different policies to rescue their countries’ banking sectors. While in advanced countries interventions in the banking sector were mostly related to a lack of liquidity and significant asymmetric information regarding counterparty risk, in many less advanced countries they had a precautionary motive. In our article, we investigate the effectiveness of policy interventions on healthy banking markets, with possible negative spill-over effects from other countries. To this extent, we use an event study methodology to test the effect of liquidity and financial sector policy announcements on interbank spread changes in six Central and Eastern European (CEE) countries over the period between 2007 and 2011. We find that standard liquidity interventions did not provide effective stabilization. In fact, our evidence suggests that the spread widened after their announcement, probably as a result of the negative signal and consequently increased risk aversion of banks. In such situations, regulators should consider policy instruments that aim to decrease uncertainty in the market.     

GATTCHA! protecting our way to a slump

Although the GATT negotiations have been saved from collapse they could yet run into the sand. Russell Lewis shows that the danger of a repeat of a 1930s-style slump is still very real.     

中国是否存在最优通货膨胀区间——通货膨胀和经济增长关系实证研究

利用门限回归模型(threshold regression model)分析中国通货膨胀与经济增长之间的关系,实证研究发现中国通货膨胀对经济增长的影响不是单一形态,而是具有非线性特征。中国经济存在最优通货膨胀区间1.4%～5.1%,而当通货膨胀高于5.1%或低于1.4%时,通货膨胀(通过影响生产要素)对经济增长有负的影响。     

中国是否存在最优通货膨胀区间——通货膨胀和经济增长关系实证研究

利用门限回归模型（threshold regression model）分析中国通货膨胀与经济增长之间的关系,实证研究发现中国通货膨胀对经济增长的影响不是单一形态,而是具有非线性特征。中国经济存在最优通货膨胀区间1.4％～5．1％,而当通货膨胀高于5．1％或低于1．4％时,通货膨胀（通过影响生产要素）对经济增长有负的影响。