The Efficiency of the Chinese Commodity Futures Markets： Development and Empirical Evidence

I. Introduction In the early 1980s China set about transforming its moribund economy by adopting, in stages, various elements of the market-based systems. Among the reforms were thederegulation of prices and the introduction of financial markets for assets. The first stock market was set up in Shanghai in 1991 and in the same year the first commodities market opened in Zhengzhou, Henan Province. Since then, both the stock market and the commodities futures markets have expanded substantiall…     

University Company Government Interaction： FAPEMIG as Propeller Agent of the Scientific-Technological Development in Minas Gerais, Brazil

This article aims to present the main indicators for Science, Technology, and Innovation （ST＆l） generated by the Fundacao de Amparo a Pesquisa do Estado de Minas Gerais （FAPEMIG） in four years （2008-2011）. The methodology used was a case study, with documentary research, held in the annual reports of activities of the foundation. The results showed that all indicators analyzed in aggregate form, evolved gradually. It is concluded that the FAPEMIG comes complying with their mission to induce and encourage research and scientific and technological innovation for the development of the State of Minas Gerais in the southeast region, maintaining the recognition as one of the main agents of development inductors ST＆I in Brazil.