Table of Content

16 November 2006, Volume 26 Issue 11

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WHAT ECONOMICS SHOULD LEARN FROM MATHEMATICS?

LIANG Qi

2006, (11):  5-11. 

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Economic research should have mathematics thoughts.Only the examples that meet the assumptions and are contrary to the conclusion are counterexamples.It is the falsificationism principle of science that a single counterexample is enough to overthrow a theorem.Every theorem and proposition is under some assumptions.It is realistic that assumptions are non-realistic.Economics itself is based on constructivism philosophy.Mathematics can help understand and enrich economics thoughts,or provide tools for economics to solve reality problems.Do not stop at formalism.Developing economics needs balance between formalism and thoughts.No forbidden zone.This is what Economics should learn from mathematics.

CHINESE FOREIGN TRADE INDUSTRY:"IMMISERZATION GROWTH" AND ITS REMEDY

JIN Ze-hu

2006, (11):  12-17. 

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"immiserzation growth" model and some positive analysis show that Chinese immiserzation growth of exports happens more on industrial level,as well as national level,which is more severe than what Bnagwati describes.Therefore,China has to speed up the transform of foreign trade growth,changing from "price taker" to "price maker",bypass and finally fill legally the trap of "immiserzation growth".

INDEPENDENCE OF CHINESE MONETARY POLICY UNDER GRADUAL OPENING OF CAPITAL

HE Ping

2006, (11):  26-31. 

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Regression test on Chinese degree of capital flow and the independence of Chinese monetary policy shows: Chinese experience accords with the impossible triangle proposition,under the fixed exchange rate system of pegging US dollar in fact during 1980 and 2003,China has strict capital regulation policy and independent monetary policy,while the monetary policy relies mainly on quantity adjustment rather than price adjustment of exchange rate and interest rate,so the independence of monetary policy is greatly challenged.

FINANCIAL MOBILIZATION EFFICIENCY DURING CHINESE ECONOMIC GROWTH

XIN Nian-jun

2006, (11):  32-37. 

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During gradual transition,Chinese individuals efficiency is generally low,so the necessary condition for harmonious financial efficiency and economic growth is not met.Therefore,it is a realistic choice for Chinese economic growth during a relative long period to rely on the high financial mobilization efficiency and sacrifice to some extent the financial allocation efficiency.Under strongly control,high financial mobilization efficiency improves greatly Chinese economic growth,meanwhile results in many problems like substantive bad assets and so that quantitive growth can not be continued.With the change of economic and social conditions,it is possible to change from high financial mobilization efficiency to high financial allocation efficiency.

MAINLAND COMPANIES LISTING IN HONG KONG:POSITIVE ANALYSIS AND THEORETICAL REFLECTION

YING Zhan-yu

2006, (11):  38-45. 

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Positive analysis about the development and characteristics of the mainland companies listed in Hong Kong shows that different patterns of listing have different industrial distributing,profit,and characteristic index;though mainland listed companies have become the important parts of the Hong Kong market.Mainland companies listing in Hong Kong can maximize their individual interests,from the perspective of improving Chinese mainland financial market,however,it is a very important strategic choice to keep the best companies stay in mainland and enhance the economic base of mainland market.

ENTERPRISE MANAGEMENT:EVOLUTION OF THEMES AND PARADIGMS

XIAO Hai-lin

2006, (11):  58-64. 

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With the change of the market forms,the theme of enterprise management has changed from efficiency to sustainable development.With the change of the theme,the basic dimension of enterprise management changes from the single efficiency to compounds of innovation,efficiency,and risk aversion;factor paths from single point to complete sequence and cluster;management modes from general rigidity to general stickiness.So,enterprise management is shaping the new theoretical paradigm with the theme of sustainable development.