中国经济学人

  • An interdependent world

    金碚;

    <正>The financial crisis that first struck the United States is unfolding into a worldwide economic recession.When the U.S.coughs,the world catches a cold,now a once-in-acentury cold.This is unexpected to most people,including most economists.It is often said that everything in the

    2009年01期 1页 [查看摘要][在线阅读][下载 30K]
  • China Economic Theory Innovation award:special coverage

    马连鹏;

    <正>|Editorial Note|For over 30 years China's market economy has been growing and improving.Behind this is an economic community that that has been assiduously gleaning the fruits of reform and pursuing theoretical innovation.The China Economic Theory Innovation Award was launched recently for the purpose of summarizing and encouraging creative contribution to the research on China's economic reform.During the first Chinese Economist Forum & China Economic Theory Innovation Award Ceremony,held grandiosely in Beijing,the Chinese economic community gathered to recall the process of reform and witness the birth of the first China Economic Theory Innovation Award.At the same time,Chinese economists conveyed their season's greetings to the world economy.The following is an excerpt of the insightful speeches delivered at the forum by renowned economists Li Yining,Jin Bei and Hua Sheng.

    2009年01期 5-10页 [查看摘要][在线阅读][下载 375K]
  • ‘China model'enriches world experience in growth

    王伟光;

    <正>|Editorial Note| Since reform and opening up,China has embarked on a path of development featuring socialism with Chinese characteristics,scoring remarkable achievements that have drawn attention from all over the world.What has reform and opening up achieved?What are its experiences?What are the intrinsic values of socialism with Chinese characteristics?How is China's development path viewed in the international community? This paper gives an overview of these questions,shedding light on the problems that the country faces and optimism about its future.

    2009年01期 11-21页 [查看摘要][在线阅读][下载 773K]
  • Revisiting the financial crisis

    黄明;

    <正>Recently,the media and commentators have saturated us with talk of the subprimeinduced financial debacle. Yet,some basic questions remain unanswered:why did almost all of the"market doorkeepers"fail to function in the crisis? Why did the financial intermediaries,such as investment banks selling complex derivatives,go under? Why did the crisis cause such far-reaching repercussions? What seed did U.S.Treasury Secretary Henry Paulson sow for the fiasco to rage globally? What does the future hold for financial regulation? In the face of the tempestuous"financial tsunami,"what lessons should China learn and how should the country develop a more secure capital market? Unlike other macroeconomists, Dr.Huang Ming proceeds from a micro perspective to sort out the financial mess along the logical chain within the capital market.In this interview,Dr.Huang presents a clear and unsettling look at the breakout,transmission and spreading path of the financial crisis

    2009年01期 22-29页 [查看摘要][在线阅读][下载 481K]
  • Evolution of China's Financial Asset Mix from 1991 to 2007

    易纲;宋旺;

    <正>In 1996,the first author of this essay manifested that financial assets structure of China,which was then dominated by indirect financing,had led to many problems in the economy.After more than ten years of financial reform,has the financial assets structure been improved?Can the existing financial assets structure accommodate the development of Chinese economy?This paper tries to answer the above questions by reanalyzing the current financial structure in China.It is found that the financial asset structure of China has experienced obvious improvement.Meanwhile the new structure has brought some new problems which ought to be resolved by further improvement of monetary market and capital market.In the coming ten years,the optimal path for the development of China's financial market is through twoway opening.

    2009年01期 30-42页 [查看摘要][在线阅读][下载 2030K]
  • Developing China's west through regional zones

    卢中原;陈昌盛;

    <正>"Main functional zone"is a new concept and key initiative underpinning the national land use plan and regional development strategy.Planning and building main functional zones presents new opportunities and challenges for the massive development of western China,which is in a strategic transition phase at the present time. It is therefore necessary to pursue scientific policy design and management and improve coordination and interaction between central and local governments and across regions in order to promote linkages between the massive development of western China and the construction of main functional zones.

    2009年01期 43-55页 [查看摘要][在线阅读][下载 879K]
  • Chinese rural reform:experience,problems and the future

    韩俊;

    <正>Chinese rural reform has made great achievements and accumulated a wealth of experience since the beginning of reform and opening up 30 years ago.At the core is the rapid and sustained development of the national economy.Currently,there are obstacles in rural reform;for example,the supply and demand of primary products are frequently out of balance,shortages of rural labor occur thanks to structural problems on the supply side,and the equality system between rural and urban citizens has yet to be established.Therefore,to make important breakthroughs,we must change our ideas of controlling the food market;we must improve rural land policy, loosen rural financial supervision,adjust the fiscal expense structure,protect farmers' legal rights and interests,accelerate the building-up of democracy at the grassroots level,and intensify overall planning and coordination.

    2009年01期 56-67页 [查看摘要][在线阅读][下载 1147K]
  • Land system reform should protect farmers' interests

    刘守英;

    <正>|Editorial Note|Land has become an issue of increasing social concern as demand continues to surge in the midst of economic development,urbanization and industrialization.The crux of the issue is the land regime. China has a unique dualistic land regime under which the land market has not been well developed.Based on a review and commentary of the existing land polices,this article elaborates on the deficiencies inherent in China's dualistic land rights system and land market and offers policy recommendations for promoting land system reform and market development.This study will help us gain an in-depth understanding of the problems in China's land regime.

    2009年01期 68-79页 [查看摘要][在线阅读][下载 846K]
  • The impact of China's economic development on the global economy——A review of past economic literature

    张军;桂林;

    <正>Based on the theoretical and empirical research of economists in the past decade,this article intends to address the following issues about the effects of China's economy on the global economy:What impact does China's fast-growing economy have on the global trade flow and trade pattern?Does China's sustained export growth pose a significant competitive threat to some countries and regions(particularly the developing countries in East Asia,Latin America and Africa)?In the midst of fast economic growth driven by its reform and opening,China has become the largest FDI recipient among all developing countries and regions.Does the FDI received by China have"transfer effects"on other countries(especially in terms of FDI inflows into neighboring countries)?

    2009年01期 80-92页 [查看摘要][在线阅读][下载 1427K]
  • Employment and income of rural migrants in cities

    <正>This paper gives a detailed examination of the overall conditions,poverty and income of rural migrants over recent years,using results of the survey on rural migrants from 69,000 rural households and more than 7,100 administrative villages in 31 provinces,municipalities and autonomous regions,conducted by the National Bureau of Statistics(NBS)in 2004,as well as questionnaires in the four cities of Guangzhou,Beijing,Nanjing and Lanzhou conducted by our task force in 2007,together with on-site research in places like Guangzhou,Bozhou and Xi'an.This paper presents a comprehensive delineation of the conditions and problems facing rural migrants and sets out policy recommendations.

    2009年01期 93-102页 [查看摘要][在线阅读][下载 1073K]
  • Social responsibility and SOE restructuring

    沈志渔;刘兴国;周小虎;

    <正>SOE social responsibility has undergone three stages of evolution.In essence,corporate social responsibility includes social obligations and social expectations.Public attention to SOE social responsibility issues has affected the thinking surrounding SOE restructuring,including the promulgating of objectives and methods.Based on corporate social responsibility,SOE managers must set up a perfect SOE social responsibility system and strengthen supervisory mechanisms;in respect to corporate governance models,SOEs should undertake reform for the corporate citizen governance model.

    2009年01期 103-113页 [查看摘要][在线阅读][下载 872K]
  • Fast-growing sectors as the drivers of China's growth

    李晓华;吕铁;

    <正>Since China began its reform and opening-up policy in the late 1970s,its economic growth has continued at an annual rate of nearly 10%.Such rapid growth derives from a few fast-growing sectors.This paper examines their growth,both overall and by sector,as well as their distribution,nature,growth momentum and impact on industrial growth and restructuring.By means of international comparative research,this paper concludes that manufacturing growth in industrialized countries is not necessarily outpaced by services.In some time periods,manufacturing tends to grow much faster than the service industry.

    2009年01期 114-124页 [查看摘要][在线阅读][下载 1489K]
  • China's industrial growth:capital-driven or resource-driven?

    张其仔;郭朝先;

    <正>Economic growth can take different forms;growth can be resource-driven,labor-driven,capital-driven,or technology-driven.Numerous studies conclude that China's economic growth is capital-driven.Such a conclusion is derived after excluding any effects of resource and environmental factors.In this article,resource and environmental factors are incorporated in order to stndy the influence of factors on industrial growth.This study found that resource and environmental factors contribute much more than capital to industrial growth,and China's industrial growth is still resource-driven.The nature of China's industrial growth also suggests that the country's economic growth has not completely extricated itself from a resource-driven model,which in turn exerts considerable influence on the country's macroeconomic policies.

    2009年01期 125-136页 [查看摘要][在线阅读][下载 1350K]
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