- 金碚;
<正>The staggering rise in home prices in China is a contentious issue in public discourse today and has become a source of grievances for many families. The government cheaply or even freely
2010年03期 1页 [查看摘要][在线阅读][下载 322K] - 王永强;张一君;
<正>Hu Deping,68,is the oldest son of Hu Yaobang,a late Party secretary general. His name has recently appeared in the press not because of his father's reputation but for his own daring
2010年03期 5-7页 [查看摘要][在线阅读][下载 298K] - 方辉;王珊珊;
<正>ALASHAN AND ORDOS,Inner Mongolia-Dust,five centimeters thick, and rat holes cover the landscape of the Shilekai village,about 300 kilometers from the city of Ordos, Inner Mongolia.
2010年03期 8-9页 [查看摘要][在线阅读][下载 484K] - 李稻葵;江红平;徐欣;
Various statistical and theoretical analyses indicate that China will face a more difficult and complex international environment in the upcoming post-crisis era.China's economy has come to a point where restructuring,which has been an important area of research,is inevitable.This paper looks first at the three symptoms of an unreasonable economic structure and their roots from institutional and development strategy aspects.It concludes that China's basic economic restructuring policies should be oriented toward a loose fiscal policy and a moderately tight monetary policy on the basis of deepening institutional reform.
2010年03期 10-19页 [查看摘要][在线阅读][下载 2599K] - 陈元;
U.S.banks felt excess competitive pressure from both inside and outside because of financial liberalization,and liquidity brought about by a loose monetary policy intensif ied competition.To cope with the excess competition and pursue higher prof its,commercial banks turned to innovative financial products with high yields but high risks.Investment banks,insurance companies and policy banks also deviated from their original business;as a result,risks in the financial system rapidly accumulated and a financial ecological imbalance occurred - the primary cause of the current financial crisis.Lessons from financial resources allocation in the U.S.,Brazil and Japan show that since banks are special corporations with great social externalities,governments should institute financial restraint policies that clearly define the business boundaries between commercial finance and development finance to maintain financial system stability,magnify positive externalities and limit negative externalities.
2010年03期 20-26页 [查看摘要][在线阅读][下载 1830K] - 张宇燕;
Since the outbreak of the global financial crisis,doubt has been cast upon the dollar-centered international currency regime,and there have been calls for reform.Chinese economists have begun to deliberate the role of the renminbi in the future international currency system.Having surveyed papers and articles of the past two to three years,we find that most favor internationalization of the renminbi,though some are against it or remain skeptical.For the time being,the ultimate role of the renminbi in the future global currency system is highly path-dependent.
2010年03期 27-31页 [查看摘要][在线阅读][下载 211K] - 张文魁;
The past several years have seen Chinese companies participating in a growing number of overseas M&A deals for increasing values.Most of China's state-owned enterprises' overseas M&A deals are in the resource and mining sectors,while private companies' deals are usually done to obtain advanced technologies and reputable brands.We can conclude,based on previous experiences,that small and medium-sized companies as well as those engaged in import substitution have a much greater chance for successful integration.Large companies and those with an export-orientated nature have slimmer chances for successful integration.The overseas M&A verification system the Chinese government practices is unfavorable for successful deals and the upgrade of Chinese companies.
2010年03期 32-40页 [查看摘要][在线阅读][下载 1934K] - 贾康;刘微;张鹏;程瑜;
Government finance is the mother of a democratic government.After 60 years of developing,China's government finance is not only closely aligned with state power,social democracy and economic modernization,but also promotes integration among the three areas.The 60 years' development of government finance can be divided into three stages:the planned economy period,the market economy transition period and socialist public finance.Meanwhile,it covers five major areas,including the building of financial institutions,a tax system,financial management,a financial macro-control system and the development of relations between the government and enterprises.Through 60 years' experience under the guidance of a scientific concept of development and the support of modern financial theory,a socialist public finance system with Chinese characteristics has been initially established,and a typical Chinese experience has been formed,providing the theoretical basis to promote China's continuous financial development.
2010年03期 41-47页 [查看摘要][在线阅读][下载 527K] - 李强;
Sociologists Rex and Moore first raised the housing class theory in 19671,stating that people can be grouped into different classes according to their housing conditions.Defining classes by housing standards seems too simple,though,which is why this theory is controversial.In order to avoid the same confusion of social class,this paper employs the concept of "housing status group." Like economic status,people's housing status is normally relatively stable and unlikely to significantly change in a short time span.But China is an exception as the past 30 years have witnessed tremendous institutional reform,particularly in the housing system.Almost overnight,public housing became privatized and the real estate market developed.This transformation also meant an abrupt change in the status of social groups in relation to housing-for the better or worse.From the social stratification perspective,this has also been an important period of reshaping social status.Thus,it is of great signif icance to study "housing status groups" during the transitional period to shed light on a myriad of social ills.
2010年03期 48-55页 [查看摘要][在线阅读][下载 898K] - 陈全功;程蹊;
The authors survey Changyang Tujia Autonomous County and Xuanen County in Enshi Tujia and Miao Autonomous Prefecture of Hubei province.According to their results,about one-third of the existing poor population in these areas is stuck in chronic poverty,with few revenue-generating channels,poor physical health and low education levels.Special characteristics of chronic poverty include a tendency to return to poverty and intergenerational poverty transmission.The general causes include adverse natural environments,a shortage of human capital and an imperfect system.To solve chronic poverty quickly and effectively,we should hasten improving local natural conditions,develop more income-generating channels,establish a market shock-defending mechanism and intensify social relief and social security for the rural poor.
2010年03期 56-62页 [查看摘要][在线阅读][下载 742K] - 胡春田;陈智君;
The renminbi appreciated against the U.S.dollar by 21% from July 2005 to February 2009.Thousands of enterprises f iled bankruptcy and many people lost their jobs in 2007-2008,all of which was possibly the result of over-appreciation.Nevertheless,estimation of the RMB equilibrium rate in recent studies shows that the current rate is still undervalued.By estimating the RMB fundamental equilibrium exchange rate,in contrast with other studies,we have found that the RMB rate may have been overvalued by the end of 2008.
2010年03期 64-78页 [查看摘要][在线阅读][下载 3000K] - 樊纲;苏铭;曹静;
The deepening of international specialization and the variation among nations' consumption patterns have become focal issues in allocating carbon emissions responsibilities among nations in climate negotiation.This paper represents an attempt to measure nations' carbon emissions responsibilities based on their final consumption and to calculate each nation's quantity and share of greenhouse gas emissions based on final consumption using a dynamic computable general equilibrium(CGE) model.An econometrical analysis finds that consumption rather than production is mainly to blame for fast-growing greenhouse gas emissions and worsening climate change trends.Global warming has been exacerbated due to developed countries' global resource allocation in a bid to maintain their high consumption levels.Therefore,it is more fair and equitable to assign emissions reduction responsibilities among nations based on their share of consumption-based emissions.
2010年03期 79-88页 [查看摘要][在线阅读][下载 2420K] - 李小平;卢现祥;
Will developed countries turn China into a haven for "dirty" industries through international trade by specializing in producing and exporting "clean" products and importing pollution-intensive products from China? How does international trade affect Chinese industries' CO2 emissions? This paper presents an empirical test of these hypotheses using statistical techniques such as the environmental input-output model and net exports as a proportion of consumption(NETXC) based on the trade data of 20 industries in China,and G7 and OECD developed countries.In this study,we draw three conclusions:(1) The proportion of domestically produced CO2 emissions in CO2 emissions embodied in products exported from China has been declining;(2) Industries migrated or displaced from developed countries into China include both "dirty" and "clean" industries;(3) International trade can help industries reduce CO2 emissions in aggregate and per unit of output.China has not become a haven for developed countries' "dirty" industries as a result of international trade.
2010年03期 89-99页 [查看摘要][在线阅读][下载 1255K] - 黄群慧;彭华岗;钟宏武;张蒽;
In this paper,we set up a theoretical mode covering responsibility management and economic,social and environmental responsibilities on the basis of classic corporate social responsibility(CSR) theories such as the Triple Bottom Line and the Stakeholders Theory.Through a benchmarking analysis of the international CSR index,domestic proposal letters on fulf illing social responsibilities and the world top 500 enterprises' CSR reports,we have established an industry-specific CSR index system.Using information from CSR reports,corporate annual reports and corporate official Web sites,we have made an evaluation of China's Top 100 enterprises' CSR management systems and their disclosure of CSR information.The evaluation results indicate that about two-thirds of the enterprises are behind in CSR management and insuff iciently disclose CSR information;CSR management lags significantly behind CSR practice;the corporate scale has a positive correlation with the CSR index;and industries' CSR index performances vary significantly,with the grid and electric power industries leading the way and most other industries at the participation level.
2010年03期 100-110页 [查看摘要][在线阅读][下载 2470K] - 胡英;
The author estimated and analyzed China's urban and rural economically active,employed and unemployed populations as well as the labor-force participation ratio and employment and unemployment rates from 2000-2008 by referring to population census data and establishing estimation models in this paper.The research results indicate changing trends in China's urban and rural economically active population from 2000-2008.
2010年03期 112-121页 [查看摘要][在线阅读][下载 2638K] - 钟钰;蓝海涛;
This paper presents a summary of the characteristics of China's rural labor force based on data from the 1996 and 2006 agriculture censuses.In this paper,we re-estimate,compare and analyze China's rural labor surplus at national and provincial levels using the labor-hour conversion method and the standard structural approach.Taking economic cycle fluctuations into account,we also investigate the root causes for the co-existence of a migrant worker shortage and an agricultural labor surplus.Our study indicates that we can make realistic judgments about rural labor supply and demand only by removing short-term disturbing factors associated with economic boom and bust cycles.
2010年03期 122-128页 [查看摘要][在线阅读][下载 1139K] 下载本期数据