Vietnam’s economy: Achievements and perspective

In last several years, Vietnams economy has reached significant achievements. Those are clearly seen by analyzing economic growth, economic structure transformation, trade and investment and Vietnams economy competitiveness. However, in the process of development, Vietnams economy is still facing many difficulties and challenges. Vietnam is accelerating speed of innovation process, is active and quicker in international economic integration in order to complete the economic – social objectives in the period of 2001–2005 with annual average economic growth rate of 7.5%.     

The impact of institutional changes on corporate governance mechanisms in transition economies

We examine how institutional changes affect corporate governance in transition economies. We develop a transition model that specifies three stages of the transition process including the early, intermediate, and late. We develop a framework for assessing the effectiveness of widely recognized corporate governance mechanisms (CGMs) in and across these stages. Our general proposition is that as transition economies move from early, to intermediate, to late stages, effective CGMs tend to be those that are based on state administrative control power, social networks and private orders, and market forces and formal institutions, respectively. Our study has contributions and implications regarding the transition economies and the impacts of institutions on corporate governance.     

基于复杂网络的电动汽车充电桩众筹市场信用风险建模与分析

因其经济优势及环境友好特性,电动汽车（EV）保有量持续攀升。而当前中国充电设施建设明显滞后于电动汽车的扩张速度,成为制约电动车发展潜力的主要瓶颈。由于充电设施具有高正外部性,同时投资回收期较长,难以吸引到传统融资,而基于互联网的众筹作为新型融资方式则受到了广泛关注。但由于缺乏强制性的信息披露制度及相关法律法规,众筹融资过程中的信息不对称问题相较传统融资方式更为严重,由此导致的高违约率也进一步削弱了投资者信心。本文利用复杂网络对电动汽车充电桩众筹融资市场进行建模,刻画了众筹投资者决策过程中的羊群效应,基于信息不对称使用多Agent模型对信用风险的产生、影响及针对性政策效果进行了模拟分析。结果表明,众筹投资者在决策过程中易受到社交网络中负面信息的影响,使得筹资人违约行为的不利影响进一步扩散。而严格的罚款机制可以在不影响融资市场均衡的情况下,使违约行为的恶性循环得到遏制。     

The 2003 Heat Wave in France: Dangerous Climate Change Here and Now

In an analysis of the French episode of heat wave in 2003, this article highlights how heat wave dangers result from the intricate association of natural and social factors. Unusually high temperatures, as well as socioeconomic vulnerability, along with social attenuation of hazards, in a general context where the anthropogenic contribution to climate change is becoming more plausible, led to an excess of 14,947 deaths in France, between August 4 and 18, 2003. The greatest increase in mortality was due to causes directly attributable to heat: dehydration, hyperthermia, heat stroke. In addition to age and gender, combinatorial factors included preexisting disease, medication, urban residence, isolation, poverty, and, probably, air pollution. Although diversely impacted or reported, many parts of Europe suffered human and other losses, such as farming and forestry through drought and fires. Summer 2003 was the hottest in Europe since 1500, very likely due in part to anthropogenic climate change. The French experience confirms research establishing that heat waves are a major mortal risk, number one among so-called natural hazards in postindustrial societies. Yet France had no policy in place, as if dangerous climate were restricted to a distant or uncertain future of climate change, or to preindustrial countries. We analyze the heat wave's profile as a strongly attenuated risk in the French context, as well as the causes and the effects of its sudden shift into amplification. Research and preparedness needs are highlighted.     

Self-employment and earnings among immigrants in Australia

This article contributes to the small Australian literature on the earnings of immigrants in the self-employment sector. Earnings functions for both the foreign-born and Australian-born are estimated, and the results show that compared with native-born workers, foreign-born workers have higher earnings in the wage/salary sector but lower earnings in the self-employment sector.
Among the foreign-born, the results suggest that self-employed immigrants are less skilled compared with those who are wage/salary employed. Thus, low-skilled immigrants may be forced into self-employment.
There is no evidence of immigrant "catch-up" in the self-employment sector. Among wage/salary workers, however, immigrant wages are characterized by a "catch-up" effect.     

Age,religious beliefs,and sexual attitudes

Age effects on sexual attitudes were examined using the Hendrick and Hendrick (1987a) Sexual Attitude Scale. The study was cross-sectional, including people from various age groups, from young adults to older adults. The religious beliefs variable, which covaries substantially both with age and sexual attitudes, was controlled. Three main questions guided the study: (a) Is the four-factor structure (Permissiveness, Instrumentality, Communion, and Sexual Practices) previously identified in a sample of young students able to accurately account for data gathered over a full range of adult ages, (b) are older adults much less permissive and less instrumentalist than young people, and (c) to what extent are believers less permissive and instrumentalist than young people when age is taken into account? Factor analyses showed that at least five correlated factors were needed to account for the data; the fourth factor, Sexual Practices, divided itself into two distinct factors: Pleasure and Responsibility. Older adults and believers were shown to be less permissive than young people and nonbelievers, and this result held regardless of the participants educational level. As regards to instrumentality, however, the pattern of differences was extremely complex.     

Rethinking a universal framework in the psychiatric symptom-disorder relationship

Research on disparities in health and services should include a critical examination of how social, cultural, and contextual factors affect the connection between symptoms and psychiatric disorders. Systematic differences in this connection by these factors will mean that clinicians using a universalist approach to disorders may make more diagnostic errors for certain patients (e.g., ethnic minorities, the poor). Based on the literature on normative clinical decision-making, this study tests for whether the effect of specific psychiatric disorders on key symptoms is the same for certain groups of the population. The data come from the National Comorbidity Survey. Conditional probabilities of disorders and symptoms, the elements feeding into clinical decision-making, are calculated and tested for equivalence across various racial/ethnic, educational, income, and gender groups. We find some significant differences in the relation of key symptoms to disorders across groups. These findings should encourage testing relativistic frameworks in diagnostic nosology as a step to improve clinical decision-making and reduce diagnostic and treatment disparities in mental health services.     

Social dynamics of the multicultural classroom

Instruction and learning are socially determined activities, where social forces such as classroom atmosphere, social feelings, cultural sentiments, prejudice and stereotyping, interpersonal relations and expectations, as well as the reflection of social reality in subject matter all have a significant influence on the effectiveness of teaching and learning. The effective "multicultural" teacher has to be concerned about each individual student, and also be sensitive to the group and cultural affiliations of each of his or her students. Intercultural relations in the classroom may be a source of knowledge and mutual enrichment between culturally diverse learners if managed proactively by teachers. Frustration, misapprehensions and intercultural conflict are a more likely outcome if teachers do not deal with diversity in a sensitive manner.