共查询到19条相似文献,搜索用时 140 毫秒
1.
海合会国家热衷于建立各类主权财富基金,他们在基金的管理、运作透明度、投资战略和模式等方面均具有鲜明的特色。在美国次贷危机后,这些基金在跨国投资方面表现更为积极,直接导致了投资接受国加强投资审查等限制性措施。投资接受国政策的演变以及2009年的迪拜债务危机对海湾国家主权财富基金未来发展均产生了深远的影响。 相似文献
2.
主权财富基金设立的基本目标是追求经济发展的稳定性和可持续性,中东地区是世界上最早设立主权财富基金的地区,属于典型的资源型主权财富基金,设立目标多为消除石油价格波动对本国财政及货币政策的潜在影响,平滑外汇收入。中东主权财富基金近年来发展迅猛,其对地区经济发展与宏观经济政策都有相应影响。但事实上,中东地区主权财富基金的运作未能与各国国内财政政策融合起来,没有发挥平滑国内经济波动的积极作用。因此,中东地区主权财富基金需要从投资配置、运作规则及目标匹配等方面进行相应改善,以期发挥更加重要的作用。 相似文献
3.
中东国家是以主权财富基金方式运营储备资产最早的实践者。近年来,中东主权财富基金对外投资主动性增强,资产配置中风险资产占比呈上升趋势,在国际社会对其投资引致风险担忧日益加深的同时,其内部风险管理也面临诸多挑战。本文探讨中东主权财富基金对外投资中面临的政治风险、市场风险与操作风险,研究中东主权财富基金的风险管理机制。 相似文献
4.
中东国家的主权财富基金在世界资本市场上都占有重要的地位,作为地区大国的沙特在这类基金的建立和运营方面却显得较为保守。就设立主权财富基金的一般条件而言,沙特的货币供应、外汇储备、外债规模以及国内经济发展等经济指标在本世纪初有了较大改善。但即使在此前提下,与海合会其他成员国相比,沙特主权财富基金发展仍相对滞后。本文在剖析了美元储备对美沙关系的特别意义、海外投资环境的恶化以及沙特国内所有权制度的特殊性等发展主权财富基金的政治局限性后,文章最后展望了沙特主权财富基金未来发展趋势以及中沙合作的新契机。 相似文献
5.
黎兵 《社会观察(上海)》2007,(10):36-38
2007年以来,"主权财富基金"(Sover-eign Wealth Fund)这个名词开始频繁出现在一些西方主流媒体的报道中,与此同时,"主权财富基金威胁论"的论调也甚嚣尘上、不绝于耳。那么,究竟什么是主权财富基金?西方媒体为什么炒作"主权财富基金威胁论"?其中与中国的关系如何?我们应该怎样看待西方发达国家的"主权财富基金威胁论"? 相似文献
6.
7.
8.
9.
10.
新型农村社会养老保险制度(简称"新农保")是指为了实现农村居民老有所养,由政府相关部门负责组织、管理,实行农民个人缴费、集体补助、政府补贴的筹资方式,并建立个人账户,确保投保农民在年老时按其个人账户养老金和基础养老金状况享受养老金待遇的农村社会保障制度。现行的"新农保"基金监管体制主要实行以行政监管为主、社会监督为补充的模式,由各级人力资源社会保障部门、财政部门、审计部门和监察部门等政府部门对"新农保"基金的筹集、投资运营和给付等环节进行监管。然而,现行的"新农保"基金监管体制中存在着缺乏独立的监管部门、法律体系不够健全、投资运营过程中的风险监督环节较为薄弱以及社会监督存在缺位等缺陷,应当在立法、执法、政府部门设置、基金投资运营、社会监督等方面加以完善。 相似文献
11.
JAEJOON WOO 《Economic inquiry》2009,47(2):226-248
Foreign direct investment (FDI) has dramatically increased worldwide and is the most important form of all private capital flows to developing countries. Yet, it is an important empirical question whether FDI affects total factor productivity (TFP) positively. We investigate the effect of FDI on TFP growth in a large sample of countries in 1970–2000. Our econometric results indicate that FDI has a positive and direct effect on TFP growth. However, we do not find any evidence that the impact of FDI on TFP growth is only conditional on the recipient country's capability to absorb foreign technology. We carefully address the robustness of the empirical results . ( JEL O11, O40, O47, F21) 相似文献
12.
Alan Gelb Vijaya Ramachandran Matthew Juden Alice Rossignol 《Development policy review : the journal of the Overseas Development Institute》2019,37(4):526-545
Through an examination of existing guarantee mechanisms, this article sets out and explains a proposal for the adoption of Service Performance Guarantees (SPGs) by developing countries working to attract foreign investment. The proposed approach is to offer investing firms the opportunity to purchase insurance against a wider range of risks than is currently possible, with highly visible payouts if service delivery standards fall short of those expected from the programme. The SPG contracts would be covered by a “domestic reserve” funded from premiums paid in by the firms and backed up by a further guarantee issued by a development partner. This approach restructures accountability to create a partnership of donors and recipient governments, accountable to their investor clients. 相似文献
13.
Lonce Ndikumana Sher Verick 《Development policy review : the journal of the Overseas Development Institute》2008,26(6):713-726
While the recent increase in foreign direct investment (FDI) to African countries is a welcome development, the impact of these resource inflows on economic development remains in doubt. This article argues that a key channel is its effects on domestic factor markets, especially domestic investment, and analyses the two‐way linkages between FDI and domestic investment in sub‐Saharan Africa. The results suggest, first, that FDI crowds in domestic investment and, secondly, that private investment is a driver of FDI, implying that African countries will gain much from improving the domestic climate. Moreover, there are alternatives to resource endowments as a means of attracting foreign investment to non‐resource‐rich countries. 相似文献
14.
The liberalization of international financial flows and foreign direct investment has induced countries to use diverse measures to attract inflow of foreign capital and foreign direct investment, which is expected to have a positive effect on the growth of GDP and thus a positive effect on social welfare. Tax exemption, reduction of tax rate, tax holiday, or diverse subsidies are some of the most important measures used. In this paper we study international tax cooperation, i.e., countries change and especially reduce tax rate for corporate income or for asset revenues to attract inflow of foreign direct investment. Both theoretical and empirical studies have shown the sensibility of foreign direct investment decision with respect to tax rate differences between home countries and host countries. In general, more inflow of foreign direct investment can be expected if the tax rate of the home country is lower than that of foreign countries. This is the main reason for international tax cooperation. In this paper we propose a simple model to prove the sub-optimal Nash non cooperative solution in a two-country tax-competition game. The model shows that international tax cooperation can improve welfare of the participating countries. How to reach a cooperative solution for an international tax competition game (ITCG) is therefore an important issue for further discussions and studies. International institutions can play a crucial role to reach international tax cooperation or international tax harmonization. 相似文献
15.
Oliver Morrissey 《Development policy review : the journal of the Overseas Development Institute》2002,20(1):63-73
This article uses the case of trade‐related investment measures (TRIMs) to examine the liberalisation of investment and its potential impact on developing countries. Very few developing countries actually use TRIMs to any appreciable degree, but, when taken in conjunction with the broader liberalisation of investment, the 1994 TRIMs Agreement has significant implications that will constrain governments’ policy options and require issues of competition policy to be addressed. Multilateral competition policy would be difficult to agree and implement and the article considers alternative strategies that developing countries could adopt. 相似文献
16.
本文从评析最优货币区理论和不可能三角理论入手,通过对欧元和欧洲中央银行实践的研究,分析了海合会国家金融货币一体化的趋势,指出现阶段成员国只有通过紧密合作、协调各方矛盾才能为提升海合会国家金融货币一体化水平创造前提条件。 相似文献
17.
海湾地区是世界最大能源基地之一,从战略和经济安全等方面与海湾六国进行长期合作,将对中国的发展至关重要。海湾各国虽有充裕的资金、大量的待合作项目和广阔的发展空间,但技术、装备、材料和人才奇缺。因此,中国企业进入海湾六国市场从宏观和微观上都有着重要现实意义。随着中国与海湾经贸合作新局面的逐步形成,中国企业将面临着如何更好地与海湾六国进行有效合作的严峻考验,为此,本文将提出几条建议。 相似文献
18.
The purpose of this study is to examine the relationship between economic outcome and international public relations investment by other countries in the U.S. Based on country-level data analysis, this study found that the number of international public relations contracts by other countries in the U.S. was positively related to (1) U.S. imports from those countries, (2) U.S. direct investment to those countries, and (3) the number of U.S. tourists visiting those countries, after controlling for economic size. 相似文献
19.
Dale W. Wimberley 《Rural sociology》1991,56(3):406-431
Abstract World-system theory, dependency theory, and other critical perspectives indicate that activities of transnational corporations (TNCs) promote hunger in the Third World. However, cross-national research on effects of dependence has largely ignored this fundamental manifestation of underdevelopment. This study examines the impact of transnational corporate investment on food consumption in 60 countries. Per capita consumption of calories and protein from 1970 to 1985 is regressed on 1967 transnational corporate investment penetration (investment stocks), 1967 consumption, and appropriate controls. The results strongly support perspectives critical of TNCs. Transnational corporate penetration has a substantial detrimental effect on food consumption which grows with the length of the lag between penetration and the dependent variables. This finding is confirmed by robust regression analysis. Over the 1967–1985 period, countries with minimal transnational corporate penetration are estimated to have gained approximately 700 more calories and 20 more grams of protein consumption per person per day than countries with maximal transnational corporate penetration. 相似文献