Hot Money and Business Cycle Volatility： Evidence from China

This paper investigates the link between hot money and business cycle volatility in China from January 1997 to December 2009. Using the structural vector error correction model we find a considerable degree of long-run cointegration and bidirectional causality effects between hot money and business cycle volatility. The speculative shocks are found to temporarily promote China＇s economic growth, but also to exacerbate business cycle volatility. The liquidity shock stemming from hot money is shown to be the primary factor responsible for the significantly enhanced fluctuation in business cycles during the most recent global financial crisis period This could be detrimental to the smooth operation of financial markets. Therefore, informing future policies, it is critical for policy-makers to take precautions against the speculative factors.     

定量方法在财务战略环境分析中的应用——以天津创业环保公司为例

企业财务战略环境分析是财务战略制定的起点和基础,目前对财务战略环境的研究多以定性方法探讨为主。文章从实践应用的角度出发,运用定量方法研究这一问题,并结合创业环保公司财务战略外部环境分析的案例进行定量计算和分析,探索定量数学分析在财务战略环境分析过程中的具体模式,以期起到抛砖引玉的作用。     

陕南茶叶产业化发展的战略研究

优越的生态条件和悠久的种茶历史为陕南茶叶产业化发展提供了良好的基础。然而,受传统自然经济和计划经济等多种因素的影响,陕南茶叶还存在产业布局不合理、规模小、管理混乱、经营分散等方面的问题。必须坚持以市场为导向,通过理顺茶业行政管理体系、创新茶叶生产经营机制、推行标准化生产、健全服务体系、实施名牌战略才能实现陕南茶叶产业跨越式发展。     

“网络问政”是健全社会矛盾释放机制的新途径

＂网络问政＂作为中国执政生态的新事物,以其方便快捷的方式引起政府高层的重视。作为一种便捷的互动方式＂,网络问政＂有利于社会矛盾的释放,对于建立健全社会矛盾释放机制具有重要意义。＂网络问政＂为建立健全社会矛盾释放机制提供技术手段、政治保障和心理基础。完善网络问政的制度性建设,对于维护改革发展稳定的大局与和谐社会的建设具有积极作用。     

强化措施 破解难题 确保人口计生事业健康发展

人口问题事关经济社会全面协调可持续发展,关系到人民群众生活水平和生活质量的提高,关系到全面建设小康社会目标的实现。近年来,逊克县积极探索建立人口和计划生育经费公共财政投入体系,保障了人口和计划生育事业健康发展。     

我国小额贷款公司可持续发展的探讨

小额贷款公司的出现和发展,避免了金融机构小额信贷业务的诸多弊端。为确保其可持续发展,仍需明确小额贷款公司的宗旨与定位,要满足农民具有个性化、区域化的融资需求,扩大和加强基层信贷员队伍建设,切实提高农民的还款率、实现公司的盈利,从而更好地为低收入农民提供金融服务,在条件成熟时允许盈利的小额贷款公司吸纳存款。     

浅析辽西城市群发展模式

本文从区域经济的视角,结合辽西城市群的基本情况,对照三种主要的城市群发展模式,对辽西城市群发展模式的选择进行了较为深入的剖析。希望通过本文的研究,对辽西城市群发展模式的决策选择提供一定的借鉴价值。     

China, An Engine for Global Growth in 2009

The world economy is mired in the severest financial crisis since the Great Depression in 2008. Due to the uncertainty of the global economy situation, UN released the World Economic Situation and Prospects 2009 on January 16, 2009, in Beijing. World Economic Situation and Prospects （WESP） is a joint product of the Department of Economic and Social Affairs,     

Sino-EU Relations in 2009 Will Be Warme

In 2009, the Czech Republic officially took over the six-month EU presidency from France. Following . Slovenia, the Czech Republic is the second new EU member to hold the EU presidency. The Czech Republic is currently faced with the challenge of coping with the global financial crisis and promoting EU political reform, as well as handling its own internal issues. On January 15, H,E. Mr. Vitezslav GREPL,     

New Legal Platform for Intellectual Property in China

Anew platform of laws and regu-lations related to the protection and enforcement of intellectual porooertv was inaugurated in China on July 9, 2009. Senior Officials from the Ministry of Commerce, the Delegation of the European Commission to China together with senior academics from Peking University attended the conference and introduced the operation.