What Role Does the Political Environment Play in Economic Development? —A Case Study of Fujian Province

Uncertainty induced by the political environment affects investment risk, and thus affects investment decisions, which have a close relationship with economic development. This paper investigates the economic cost of political instability using the case study of the tense relationship across-Strait in China. We use a synthetic control method to better model the counterfactual analysis of this case study. The intense situation of the relations across-Strait has great influence on the economic development of Fujian province. Fujian province is the closest province in proximity to Taiwan and also possesses the greatest preferential policies for Taiwanese direct investment. The empirical results of this study reveal that during 2001-2008 Fujian province’s average annual loss in GDP per capita was 682.54 yuan. In other words, GDP per capita in Fujian has declined about 12.1 percent annually during this period compared with GDP per capita as calculated by the synthetic control method.     

Testification on Effectiveness of Average or Weight-added Internal Rate of Return

It seems that an effective way of how to make the right choice of Various investment projects is based on the theory of average internal income rate, or the theory of weight-added internal income rate. With several examples of numerical value, this paper proves that this method is not as effective as expected, but indirectly testifies that only with the principle of maximization of NPV that independent projects can be the best combination of projects with limited investment that is achieved.     

豪华游艇的浪漫密码

私家豪华游艇这种“水上行宫”般的顶级奢侈品具有魔幻般的吸引力,其致命“毒性”不亚于精纯的海洛因,尝试一次就足以上瘾。在欧美、澳洲、香港等国家和地区,豪华游艇向来是顶级富豪、社会名流以及“蓝血”贵族不可或缺的娇宠;而在国内,豪华游艇如今更多地被视为一个略显超前的时尚话题。     

国际石油巨头战略发展难拒“低碳”

虽然对碳减排方式有争议,但国际石油巨头低碳发展的整体意识却在不断增强。联合国政府间气候变化专门委员会的研究表明,如果不采取积极的碳减排措施,到2100年,全球平均气温将上升1.8℃～4℃,恶劣天气更加频繁,人类可持续发展的目标     

移民外星球

人类太空探索的目标不仅是科学探索,还要试图扩大人类的居住范围。单一行星物种是无法永久存在的。如果我们人类希望再继续生存几百万年,我们就必须移居到其他行星上去。     

CES40周年庆2007国际消费电子展

纵观此次电子产品的盛会,我们看到的不仅是一件件设计精美、功能强大的电子产品,更是惊叹于一些令人瞩目的改变。     

全球1000部Sirocco钻石版奢华登场

在不久前诞生摩托罗拉KRZRK1钻石版之后,一位德国设计师Sayn为诺基亚的顶级豪华手机8800Sirocco设计的钻石限量版又出现在了我们的视线中。     

关于浙江省中小企业“走出去”的思考

文章总结了近几年来浙江中小企业在走向国际市场中出现的新现象、新特点,同时对与浙江中小企业如何走得更好提出了一些建议和看法。     

未来交通工具巡礼

人类在二十世纪实现了飞机上天,火箭上太空。水陆交通更是缤纷多彩不胜枚举。但交通状况恶化及其伴生的安全事故、空气污染等一系列问题越来越困扰着有关的政府当局。新型未来交通工具的实现也许近在咫尺。     

人体冷冻与时间超越

如果将人的体温降低两度,那么一个人便可以多活120到150年。果真如此,我们就能像《圣经》里说的那样,活到700甚至800岁。