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。     

新疆棉花生产优势及其充分利用问题

文章在阐述新疆棉花生产优势的基础上,提出充分利用新疆棉花生产优势的措施和途径:恢复和发展我区棉纺织企业,增加对棉花产品的本地需求量;充分利用国内和国际市场;实行规模化生产,加快新疆棉花生产经营的专业化措施、市场化速度;充分利用政府的职能和作用。     

筛选叶面喷施剂减轻旱涝灾害

本文提出使用叶面喷施剂的新概念,讨论了其作用和发展前景。观察了国内外10种药物对减轻旱涝灾害的效果,其中2种药物同田试验结果较日本名牌产品爱多收效果略好,2种药物较台湾健生素效果略好。2种属国内最新研制的新药。在与国内同类产品稀土、增产菌,903、多效唑、802、喷施宝、麻果素的同田对比中领先。     

民国时期陕西棉麦良种改进的成就与经验

民国时期,陕西大规模引进、培育和推广棉麦良种,成效显著;到1945年,改良棉种植面积已占当年陕西植棉总面积的91%,良种小麦推广面积7年之内扩大100余倍,这不仅使陕西经济获益匪浅,也泽及全国,为抗战胜利做出了贡献。究其原因,一是引进和培育相结合,使良种推广保持在一个较高的水平;二是农事机关具有一定的权威性,能够协调各种组织、机构和农民一道促进良种推广;三是引入市场机制,刺激农民主动按科学方法推广良种。     

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.