Can the “Single Point of Entry” strategy be used to recapitalize a systemically important failing bank?

The Single Point of Entry (SPOE)—the FDIC strategy to implement its new Dodd–Frank Orderly Liquidation Authority (OLA)—promises to reduce the financial market turmoil caused by the failure of a large complex financial institution by using parent holding company resources to recapitalize its large failing subsidiary banks. We identify legal and financial impediments that may prevent the use of a SPOE strategy for this purpose. Dodd–Frank does not authorize bank recapitalizations through SPOE or otherwise, and the OLA cannot be invoked unless the failure of a subsidiary puts the parent in danger of default. The imprecise legislative language that authorizes OLA creates a new source of systemic risk. Regulations required to operationalize SPOE will require bank holding companies to issue a substantial volume of new subordinated debt, increasing these institutions’ leverage and financial fragility. Unless the Dodd–Frank Act is amended, OLA could well magnify and not reduce market instability in the next financial crisis.     

中国物流政策体系:缺失与构建

物流政策是社会公共机构对全社会物流活动的公开介入和干预.我国现行的物流政策包括两大体系、两个层次.从总体上看,这些政策基本上可以维护目前我国物流领域的基本经济秩序,但还存在政策系统性差、缺乏国际化视野和法律效力、可操作性低等问题.本文针对现行物流政策存在的问题,提出了构建我国物流政策体系的目标原则、基本框架及政策重点.     

高等学校学术权力与行政权力关系刍议

本文首先分析了我国高等学校内部权力资源的分配具有情境性和模糊性的特点,更由于“双肩挑”现象的存在使得权力主体的判定难度增加,所以在实践策略上,应该淡化两种权力——学术权力与行政权力“异同”的比较,提倡依据具体情境的不同,正确行使权力,做出最为合理决策的权变观点。     

浅谈行政诉讼中的管辖问题

《行政诉讼法》自1990年颁布以来,对限制行政机关权力滥用,推进法制化进程起到了重要作用,但是这部法律也凸显出一些问题。本文结合英美和大陆两大法系,对行政诉讼管辖中的概念、特征和具体情况做初步阐述,对我国行政诉讼管辖存在的问题及如何完善我国行政诉讼管辖制度进行了探讨。     

论房屋拆迁立法中权力与权利平衡机制的构建

房屋拆迁在一定意义上就是行政权力与权利的博弈,而我国当前房屋拆迁立法存在权力与权利的严重失衡现象.建立和谐有序的拆迁制度必须从约束行政权力、释放权利入手,探求二者之问力量的平衡机制.基于此,以当前拆迁立法权力与权利配置处于失衡态势的基本判断为前提,根据区分原则提出公共利益需要、一般商业开发与成片旧城改造引起的三种房屋拆迁类型下,应当分别采取行政征收、行政登记和行政许可的行政权力介入模式,同时,构建了不同拆迁模式下行政权力与权利的平衡机制.     

Applying the marketing concept to design new products

This article is an empirical application of the marketing concept in the design of new product offerings in the area of religious instructional materials. The general approach and methodology of this research should be appropriate for many types of consumer products and organizations. The marketing concept was applied to the design of religious instructional materials in this study through an empirical investigation of the values, attitudes, and perceived needs of key market populations. The study consisted of determination of perceived needs for alternative topics, identification of educational themes around which specific topics could be integrated into instructional packages, and assessment of the importance of these themes across alternative market segments. A total of 1161 respondents (464 pastors and 697 lay members) completed a mail questionnaire which solicited their perceptions of themselves and the domain of the church in their lives. Respondents also indicated the level of importance they placed on alternative instructional topics. The data were analyzed through the use of multivariate techniques to provide understanding and interpretation of the perceived needs of alternative market segments. Results of the analyses were very useful in determining which instructional packages to develop and the target markets for each package.     

Discussion on assessing quality of administrative data

The paper discusses the role, challenges and methods available to National statistical organisations to document and assess the quality of their administrative data.     

楔入“破窗效应”营建我国行政监督环境

为营建一个充满阳光的行政监督环境,引入"破窗效应"的思维模式,从不同层次、不同方面、多维度探求既能楔入行政隔离带、链接行政系统的内监督环境,又能营建基于政治价值取向、社会人文氛围和法制建设框架的外监督环境,进而积极有效地应对、控制和解决由于行政环境恶化所引起的"引爆点"边界问题,实现阳光监督下的和谐行政氛围。     

论珠三角经济一体化中的行政协议

行政协议是区域政府实现区域协调发展与社会和谐的创新机制，是珠三角一体化中政府合作的过程性选择。行政协议的现实基础是珠三角经济一体化与行政区划的既定。从实践看，行政协议运行存在众多问题，其中最根本的是行政协议的不确定性，包括法律依据、缔结程序、法律位阶以及协议文本内容等的不确定性。为克服行政协议的不确定性，我们应该根据珠三角实情，通过明确行政协议的法律依据和法律位阶，完善行政协议的缔结程序和主要条款等实现珠三角行政协议的制度化、规范化、法制化。