Table of Content

16 December 2001, Volume 21 Issue 12

Previous Issue    Next Issue

EXPLORING CHINA SUSTAINABLE ECONOMIC GROWTH PATH

JIANG Xiao-wei

2001, (12):  5-10. 

Asbtract ( )   PDF (496KB) ( )  

References | Related Articles | Metrics

China sustainable economic growth in the future should change from gross-increase-pulled to structural adjustment and resource-effective-allocation-pulled.To ensure the change,we should establish incentive mechanisms and imporve the flow of resources.

WATER RESOURCE OF OUR DRAINAGE AREA:NATURE OF PROPERTY RIGHTS AND SYSTEM ESTABLISHING

ZHOU Xia, HU Ji-lian, ZHOU Yu-xi

2001, (12):  11-15. 

Asbtract ( )   PDF (478KB) ( )  

References | Related Articles | Metrics

Water resource is scarce and has many characteristics such as having external effects,being common resource,and its users involving in long-term corporate gaming.Arranging the propety rights to water should consider these characteristics,and then establish the basic system of managing the resource-the property rights system of water,so that the allocation of the resource could be Pareto optimal.

FINANCING ENDOWMENT INSURANCE SHOULD NOT SHUNT AT PRESENT TO FUNDS

ZHU Qing

2001, (12):  16-21. 

Asbtract ( )   PDF (997KB) ( )  

References | Related Articles | Metrics

To face the challenge of population aging,the endowment insurance system should select a financing pattern in favor of social labor productivity.At present,our financing pattern should not shunt from collecting and paying at the meantime to funds.

FINANCING PATTERN OF FOREIGN NPO

GUO Guo-qing, LI Xian-guo

2001, (12):  22-27. 

Asbtract ( )   PDF (660KB) ( )  

Related Articles | Metrics

As a whole,foreign NPO are financing by public donation,government supports,public sectors payments,and private payments.Especially,cultural and educational research organizations are financing mainly by private payments,while medicare and social service organizations government supports.

STRATEGIC CHOICE FOR ENTERPRISE TO INNOVATE IN DECLINING INDUSTRY

LU Guo-qing

2001, (12):  32-37. 

Asbtract ( )   PDF (383KB) ( )  

References | Related Articles | Metrics

Declining industry is one of the forms of industry which become more and more general today. Industrial innovation is the strategic choice for enterprise to surviving. The paper discusses three basic strategies for enterprise to innovate in declining industry, that is offensive innovation strategy, defensive innovation strategy, imitation and dependent innovation strategy, which focus on analyzing the conditions, advantages and disadvantages, polices for enterprise to implement these strategies.

POSITIVE ANALYSIS:INSTITUTIONAL FLAWS OF THE SECURITIES MARKET

ZHANG Zong-xin, LI Ge-fei, YAO Li

2001, (12):  42-47. 

Asbtract ( )   PDF (1491KB) ( )  

References | Related Articles | Metrics

China securities market has "three institutional flaws":structural,constitutional and functional ones.The first means non-balance between the development of the stock market and the bond market;absence of effective and unite market system inside the stock market,and so on.The second means reversal allocation of financial resources when the securities market being regulated and getting low level equilibrium;"altruism"of SOE transplanting to the listed companies;and administrative supervising of the securities market distorting the market.The last is the securities market lacking of fundamental functions resulting that the Pareto improvement of the social resources can not be achieved;listed companies only the "crusts" not the natures or contents of the corporation system.To overcome these flaws,institutional innovations based on the principles of market,effciency and competition oriented are needed.