Financial Deregulation and the Role of Statecraft: Lessons from Britain’s 1971 Competition and Credit Control Measures

Within the financialisation literature, a number of approaches identify the coexistence of financial expansion and productive stagnation. Yet there is no consensus on which direction causality operates between these two phenomena. This impasse has been widened by the lack of attention paid to the role of statecraft strategies in mediating possible causal mechanisms. This article contributes to rectifying this shortcoming by focusing on the governance advantages granted to states through financial deregulation. By presenting archival evidence on Britain’s 1971 Competition and Credit Control deregulation, this article lends support to financialisation accounts that argue that weaknesses in the productive economy spurred financial expansion, yet it also indicates that the state’s desire for depoliticised forms of governance played a crucial role in mediating this relationship. This further suggests that International Political Economy should focus on the strategic manner in which states relate to markets.     

安徽省房地产市场信用建设研究

“以诚实守信为荣,以见利忘义为耻“被列为“八荣八耻“之一.安徽省房地产市场信用建设研究,是社会主义荣辱观大讨论在安徽房地产领域的具体体现.房地产市场信用建设不仅是整顿和规范房地产市场的治本之策,也是落实以人为本的科学发展观的需要和着力建设和谐社会的需要,只有安徽省房地产业整体诚信建设得到提升,才能实现安徽省房地产市场跨越式的发展.本文结合安徽省房地产市场信用建设的实际情况,分析了安徽省房地产市场信用建设存在的主要问题,剖析了造成房地产市场信用缺失的原因,并提出了相应的对策和建议.     

海外应收账款拖欠问题研究

海外应收账款拖欠问题正日益成为我国对外贸易健康发展的障碍。本文分析了新形势下海外应收账款拖欠的原因,主要是中国企业缺乏全面的信用管理体系,没有正确认识欠账的风险和成本以及现行的外贸体制等原因。最后本文从内外两个部分提出了解决措施,主要是企业要建立全面准确的信用管理系统以及改革完善出口信用保险制度等。     

信用执法初探

信用执法将适用于信用关系的法律规范经济社会化,成为建立和维护市场经济秩序的基本条件。通过信用执法推动和促进市场经济信用的稳定与成熟。     

信用问题的博弈分析

社会信用和经济信用相辅相承,精神文明和物质文明比肩发展,然而现实社会却出现了众多信用缺失问题.本文运用博弈论分析方法,从经济学角度解释了信用缺失问题的理论成因.     

农村信用合作社经营性风险因素探究

农村信用合作所具有的资金规模小、专业特色强、地域性经营等特点，使农信社面临着资本保障不足、融资能力不强、运营成本高等经营性风险因素，要防范和化解这些风险因素，就必须改革农村信用社的经营管理体制，加强业务监管，并给予必要的政策扶持。     

建立完善的纳税人税收信用机制

稳定可靠的信用体系是市场经济有效运行的基础,税收信用(TAX CREDIT)是社会信用体系的重要组成部分。目前,我国的税收信用机制处于初建阶段,尚不完善。因此,根据纳税人的信用状况、税收信用制度改革状况的分析,建立完善纳税人税收信用机制具有重要的现实意义。     

信用保险参与农产品经营的探讨

新型城镇化实现的前提是“三农”问题的有效解决,而解决“三农”问题的关键在于农产品企业的发展壮大.本文从农产品生产和经营特点入手,剖析农产品企业在生产经营中遇到的各种问题,从实际案例出发,探讨信用保险在农产品企业经营中发挥的作用以及存在的问题,并提出相应的解决思路.     

Lending technologies,banking relationships,and firms’ access to credit in Italy: the role of firm size

This paper analyses the role of lending technologies and banking relationships on firms’ credit access in Italy. Using EFIGE firm-level data, we show that the depth and strength of firm–bank relationships have heterogeneous effects on credit demand and rationing probabilities depending on the size of the borrower. Multiple banking relationships alleviate financial constraints for small firms, while borrowing from a large number of lenders hinders access to credit for large companies. Small and medium-sized enterprises with a higher share of debt with the main bank have a lower probability of being credit denied, as debt concentration contributes to overcome the opacity problems typical of the SMEs. Long-lasting relationships, by reducing information asymmetries, significantly improve access to credit for small and large firms. Conversely, we find that medium-sized enterprises are more exposed to financing constraints as relationship duration increases, due to possible lock-in effects. Finally, firms maintaining banking relationships based on transactional technologies are more likely to be credit denied, while the use of relationship lending technologies improves credit availability for both small and large enterprises.