影子银行、地方政府债务及金融发展动态关系研究——基于省级面板VAR模型

基于2004—2017年中国省级面板数据,运用面板向量自回归(PVAR)模型,使用系统GMM估计、脉冲响应函数、方差分解以及格兰杰因果关系检验等方法分析了影子银行、地方政府债务及金融发展之间的动态关系.结果表明:影子银行、地方政府债务与金融发展水平三者之间存在动态耦合关系.在地方政府融资能力受到约束的情况下,影子银行为地方政府提供了多元的融资方式,在增加政府融资能力的同时提升了政府债务水平;而地方政府债务需求显著推动了影子银行规模的快速发展.同时,影子银行过度扩张危害了金融市场的健康发展,降低金融发展水平,继而使地方政府的融资渠道受到约束.但金融发展并不能有效约束影子银行规模,原因在于,政府融资需求是影子银行的主要动力,若不能控制地方政府的借贷行为则无法从源头解决问题.监管机构在去杠杆的过程中,应该综合考虑影子银行与地方政府债务、金融发展之间的动态关系,如此才能够实现预期的政策效果.     

全球服务业FDI变化的原因和影响

服务业FDI在FDI总量中的比重份额上升和变动幅度大,是近年来FDI变动的表现规律之一。服务业FDI具有地域限制、易受汇率风险影响、面临高的管理风险和波动性大的特征。影响服务业FDI的因素主要有收入增长、技术进步、金融发展以及投资和贸易政策变化。服务业FDI变动对经济活动的影响主要表现在带动FDI总量变动和影响产业结构调整两个方面。     

政府职能转变与经济领域社会中介组织的关系

我国现行的政府职能是伴随着计划经济体制而建立起来的,加入WTO后,必须进一步推进政府管理体制改革和机构改革,按照发展市场经济的要求转变政府职能,建立社会主义市场经济体制,否则,将很难适应经济全球化的发展趋势。经济领域社会中介组织是伴随着市场经济的发展而成长起来的,政府职能转变必然有力促进经济领域社会中介组织的发展,而此类中介组织的良性发展又会进一步完善市场经济的运行机制,保证政府职能转变的顺利进行。     

Role of informal sector recycling in waste management in developing countries

Many thousands of people in developing country cities depend on recycling materials from waste for their livelihoods. With the focus of the Millennium Development Goals on poverty reduction, and of waste strategies on improving recycling rates, one of the major challenges in solid waste management in developing countries is how best to work with this informal sector to improve their livelihoods, working conditions and efficiency in recycling.The general characteristics of informal recycling are reviewed, highlighting both positive and negative aspects. Despite the health and social problems associated with informal recycling, it provides significant economic benefits that need to be retained. Experience shows that it can be highly counterproductive to establish new formal waste recycling systems without taking into account informal systems that already exist. The preferred option is to integrate the informal sector into waste management planning, building on their practices and experience, while working to improve efficiency and the living and working conditions of those involved. Issues associated with integrating informal recycling into the formal waste management sector are discussed.     

中国企业储蓄率变动原因探析

我国国民储蓄率一直居高不下,其中企业部门的储蓄率变动逐渐引起人们的关注。研究发现,国民储蓄率自2008年增势减缓,主要因为企业部门储蓄率出现下降,企业支付的劳动者报酬、财产支出以及融资渠道的变化是企业储蓄变动的主要原因。进一步通过E-G协整法探究企业储蓄率对国民经济、投资率的影响,发现企业部门对经济发展和投资水平起到积极作用。最后,根据企业部门的国民地位和储蓄率变动趋势给出密切关注企业储蓄率、合理降低居民储蓄率的相关建议。     

New Policy Spaces: The Impact of Devolution on Third Sector Policy in the UK

The development of third sector policy in the UK since 1997 has seen changes which have been of significance both for analysts and practitioners. This period has seen government engagement with and support for the sector extend far beyond the levels found throughout much of the last century. This has led to a growth in the size and scale of the sector and a closer involvement of sector representatives in political debate and policy planning. These changes have taken place at the same time as third sector policy has been devolved to the new administrations in Scotland, Wales and Northern Ireland. This article explores the impact of devolution on these policy developments and assesses the extent to which political devolution has led to policy divergence across the four countries in the UK. The conclusion is reached that policy devolution has created important new space for policy development for the third sector across the UK, but that the direction of travel in all four regimes has remained remarkably similar.     

Global Governance,neoliberalism and national responses: The case of Bangladesh’s ready‐made garment (RMG) sector

This article on the ready‐made garment (RMG) sector of Bangladesh shows how over‐reliance on foreign capital for development financing and deregulated investment—a hallmark of neoliberal economic arrangements—undermines the incorporation of SDGs’ and INGOs’ equity principles, contributing to biased policy responses yielding unequal outcomes. The article cautions that while countries prioritize economic growth over social and environmental nourishment and continue to adopt neoliberal economic policies to promote economic growth, inequity is unavoidable, if not inevitable. Thus, the way forward may be to shift the focus of ‘development’ from the economy to society, to building ‘good societies’ where institutions and strategies, including those that contribute to economic growth, are organized such that these complement not compromise the evolution of such societies.     

The service system challenges of work with juvenile justice involved young people in the Hunter Region,Australia

Current policies suggest that collaborative approaches are core to working effectively with juvenile justice involved young people. However, there is little research examining the workings of multi‐agency and collaborative endeavours in this field, or the experiences of the human service workers facilitating these connections. This paper reports on qualitative research that resulted from the Juvenile Justice and Education Equity in the Hunter Region project. Thirty‐eight human service workers were interviewed about their perceptions of the workings, strengths and challenges of the service system that supports young people who come into contact with the Children's Court in the Lower and Upper Hunter regions of New South Wales. Data analysis revealed three key themes related to (1) service gaps, cycles and maelstrom; (2) pursuing authentic service engagement; and (3) insider–outsider dynamics in service provision. Findings are discussed in relation to emerging practice and research agendas.     

福利国家为什么需要慈善部门？

自福利国家陷入危机以来,慈善部门在福利国家中的功能问题一直没有得到全面和系统的讨论。福利多元主义者将慈善部门视为政府的合作伙伴,希望通过政府委托慈善部门提供公共服务的方式来缓解福利国家的危机;新自由主义者则认为这一定位会使慈善部门对政府的资金产生依赖,使慈善部门失去独立性,因而主张以市场化的方式来解决国家的福利供给问题,让慈善部门在公共服务以外的领域发挥作用。辨析福利多元主义与新自由主义的争论,结合全球化时代慈善部门出现的新特征,可以看到,慈善部门在福利国家中具有绩效提升、结构补充、价值倡导、民主促进、就业吸收和国际支援等六大功能。     

中国经济结构再平衡与长期增长

在经济新常态下,中国经济由原来的高速增长转向追求中高速和质量型的增长,这是中国经济转型与产业升级的必然选择。解决中国经济突出的结构性问题,实现经济结构转型与产业升级,也就是经济结构再平衡,使经济增长由主要依赖规模扩张转向主要依赖技术进步,是中国经济长期可持续增长的保障,也是中国多年来致力的发展与改革目标,是一项需要长期努力的任务。经济结构再平衡有赖于经济长期发展的支持;经济长期发展和增长周期延长,才能为经济转型与升级的结构再平衡提供时间、空间的回旋。我们要紧紧抓住国家新型城镇化战略和“一带一路”战略的实施契机,按照“四个全面”战略布局的要求,支持民营企业参与中国经济的空间结构再平衡,以全面依法治国推进中国经济结构的再平衡和长期的经济增长。