Taking a Turnpike: A Korean Perspective*

Catch‐up is very much like taking interstate turnpikes to travel from a destitute backward state to an advanced state of material affluence in the shortest time. This paper presents an overview of the catch‐up process in Korea, analyzing the process of taking a turnpike. It delineates the advantage of export‐oriented growth strategy and examines the institutionalization of an export‐oriented regime in Korea. It amplifies the nature of Korea's “governed” market policies that bred the seeds of eventual catastrophe in light of the 1997 crisis that has dramatically revealed Korea's Achilles heel. It also addresses the political economy of switching turnpikes, amplifying the necessity of a fundamental institutional restructuring at certain points in the catch‐up process.     

政策要闻

~~政策要闻@刘红     

国际资本流动的新特点与我国利用外资的基本思路

中国正式加入WTO，标志着中国对外开放进入了一个新的阶段，本文试图在分析国际资本流动的新特点的基础上，从完善市场经济制度和投资环境，引资方式创新，发挥利用外资对结构调整战略的配合作用，以及利用外资与宏观经济目标的相互协调等方面，提出中国利用外资的基本思路。     

China''''s Economic Prospects and Sino-US Economic Relations

I. Introduction The rapid rise of the economic weight of China in the world economy has increasingly caught the attention of many analysts as well as policy-makers, eliciting various opinions on the global implications. Although China’s economic performance in the past 2 decades46 Pingfan Hong / 45 – 55, Vol. 14, No. 2, 2006 or so is indeed miraculous, the rest of the world should become less surprised or bewildered if they see China’s recent performance from a long-run historical perspe…     

上海石化加速乙烯发展的战略分析

入世以后上海石化面临的竞争日趋激烈，合资的乙烯装置凭借其规模大，技术先进的优势对上海石化构成竞争态势，上海石化须集中资金、发展乙烯、从而带动乙烯及其乙烯下游产品的发展，扩大规模，提高经济效益，使上海石化的实力迅速增强。     

高职院校教学体系改革的思考

高职院校应以培养高级技术应用型专门人才为目标,建立具有自身特色的教学体系。首先要通过广泛的社会调研,了解相应的人才需求,在此基础上制定适宜的教学计划;同时要着力构建与高职教育相适应的教学体系,教学模式与方法尽量适应高职学生的特点和培养目标,加大实践教学的比重,建立设备较先进、具备实训教学功能的综合训练教学基地,加强"双师型"教师队伍建设,以培养出真正符合社会需求的、高质量的技术应用型人才。     

现代物流产业国际竞争力生成模型的构建研究

通过对国际竞争力相关理论和因素的分析,构建了现代物流产业国际竞争力生成模型,最后并对我国现代物流产业国际竞争力的形成机制进行了分析.最后提出了进一步提升我国现代物流产业国际竞争力的措施.     

Poverty comparisons with dependent samples

Standard inference procedures for poverty comparisons require samples to be independent. For many commonly used income samples, however, this requirement is not fulfilled since samples are rotated. This article introduces an easy‐to‐use method of correction for sample dependency. We also apply the method to test changes in US poverty in the 1990s and to evaluate the marginal effects of public assistance on poverty before and after the recent welfare reform. Copyright © 2004 John Wiley & Sons, Ltd.     

China＇s Regional Disparity and Its Policy Responses

The fruits of China＇s rapid economic development over the 3 decades have not been distributed fairly across different regions. Using data from a sample of 815 Chinese listed firrns during 1998-2004, our error-correction investment model showes evidence of different financial constraints on firms＇ investment in different regions. We argue that China＇s regional development policies have contributed greatly to the regional inequalities. To control the rising inequality, China has shifted its focus from the coast to the interior regions. However, it is becoming increasingly difficult for the government to direct the economy, as market mechanisms now have afar greater influence on the economy than the government does. The people-centered approach of the current leadership has meant that substantial attention has been placed on regional development disparities in an attempt to build a ＂harmonious society. ＂ China needs further extensive reforms if all the measures for reducing regional disparity are to be effective.