国际金融市场研究方法的逻辑演变——有效市场假说面临的挑战

有效市场假说作为金融经济学的理论基石,无疑是我们研究国际金融市场的重要方法和依据。许多其他得到广泛 应用的金融投资理论皆以此为基础。历经30年的发展,有效市场理论在不断得到支持的同时,也面临了许多新的市场理论的挑 战。混沌理论和分形市场理论,特别是对于市场异象做出新解释的行为金融学,都从不同角度对传统有效市场理论进行了突破。这 不仅为研究国际金融市场提供了新的思路和方法,也对金融市场的决策者和生产者有着巨大的现实意义。     

Stamped out!: Carto-philatelic evidence of the PRC’s constructed notion of China’s territorial integrity

Carto-philatelic imagery illustrates that the “mental map” of China underlying territorial policies of the People's Republic of China is constructed, contingent, and impermanent. Although it has claimed Taiwan by asserting primordial sovereignty, declaring the island to have been part of China “since ancient times,” the ruling Chinese Communist Party (CCP) has not always viewed the island as part of China. Although it recognized the independence of Mongolia in 1950, before it came to power as the government of the state the CCP envisioned Mongolia as part of China. Postage stamps issued in territories governed by the CCP before 1949 juxtaposed to stamps issued by the Republic of China government affirm what documents suggest: that China's boundaries have not been immutable and have been highly contested by Chinese political elite. This should prompt readers to view with skepticism categorical claims about China's sovereignty and “territorial integrity.”     

社会治理转型中的公共行政价值的回应与平衡

公共行政范式转换与社会治理范式变迁相生相伴,每一种社会治理范式实际上都在寻求回应与平衡效率、责任、公平等核心价值,只是在社会治理不同的发展阶段对某一种公共行政价值有所侧重而已.从公共行政价值多元交叉并存的视角来研究和把握社会治理的根本价值和目的,倡导效率、责任与公平等核心价值并重、统一、均衡的科学公共行政价值观,不仅有助于科学把握公共行政理论的发展规律和走向,破解工具性价值与目的性价值的悖论,也有助于社会治理持续均衡发展,从而更好地强化公共行政精神,实现公共利益.     

贪污受贿犯罪定罪量刑标准的变迁与反思——以《刑法修正案(九)》的出台为视角

1997年《刑法》以数额为中心的定罪量刑标准缺乏社会适应性;各法定刑量刑幅度交叉现象严重;贪贿犯罪刑罚减免规定存在"宽严皆失"的弊端;生刑与死刑差距过大,资格剥夺措施一直缺位。《刑法修正案(九)》虽针对诸多问题作出了调整,但贪污与受贿的关系、终身监禁的落地实施等问题仍有待研究。为此,应降低贪贿入罪标准,扩大地方自由权,以无期徒刑重构终身监禁制度,厘清贪污受贿关系并严密刑罚裁量情节,废除贪贿犯罪刑罚减免制度。     

Administrative reform assistance and democracy promotion: exploring the democratic substance of the EU’s public administration reform principles for the neighbourhood countries

International donors, particularly the European Union (EU), vehemently endorse institution-building and public administration reform (PAR) in their work on democracy support. Still, the linkages between externally sponsored reform and advancement of democratic governance in beneficiary countries constitute a blind spot in our understanding of democratization. This article contributes to examining this relationship by exploring the democratic substance of the EU’s PAR portfolio for the neighbourhood countries. The aim of the article is to focus attention on the PA–democracy interface in the study of democracy promotion by elaborating a conceptual framework for exploring the nature of externally supported administrative reforms and the substantive content of democracy being advanced. By using the OECD/SIGMA’s (Organization for Economic Co-operation and Development/Support for Improvement in Governance and Management) PAR framework for the European Neighbourhood Policy (ENP) countries as a case study, this article demonstrates how the EU’s approach to programming PAR accommodates elements from several formats of democratic governance while the conceptualization of the democratic effects of the PAR principles remains vague. The article concludes by highlighting the need for closer examination of the potentials and limits of external PAR strategies in democracy support, and for attuning the EU’s PAR design to its democratic implications.     

Turkey – from tutelary to delegative democracy

Guillermo O’Donnell’s influential work ‘Delegative Democracy’ set the discourse on a peculiar type of democracy. Lying between representative democracy and authoritarianism, the uniqueness of delegative democracy lies in its features, including an absence of horizontal accountability, strong centralised rule, individual leadership with unchecked powers, a cult figure embodying the nation and clientelist practices. While delegative democracies seem to arise out of presidential systems, Turkey, though a parliamentary system, has also displayed the distinctive features of delegative democracies. This paper identifies three characteristics of delegative democracy, which are responsible for the lack of democratic consolidation, if not the erosion of democracy itself: anti-institutionalism, an anti-political agenda and clientelism. Arguing that delegative democracy is the best concept with which to examine contemporary Turkey, the paper lays out how, post-2011, Turkey has demonstrated the three elements of delegative democracy. The final section discusses the implications of the Turkish case for scrutinising the very possibility of delegative democracy in parliamentary regimes.     

Demands,responsibility, and influence in Malawi’s participatory agricultural extension services

Participatory governance offers the potential to deliver responsive and accountable services. This article tests this expectation by looking at how members of participatory extension platforms in Malawi understand the meaning of “demand-driven” services, and allocate responsibility and influence in service provision. Results show that most respondents agree on bottom-up extension services that respond to expressed farmers’ needs (86% of respondents), and assign responsibility and influence widely across state and non-state actors. While these findings suggest that these participatory mechanisms can promote responsiveness to farmers’ needs and accountability, they also point toward different governance challenges in extension services.     

“The pluses of pulses”: haricot beans and women’s empowerment in Ethiopia

This practical note demonstrates the role that haricot beans play in assisting women to become food and nutrition secure, to generate income, and to have sustainable livelihoods that are resilient to shocks. Based on qualitative research among female and male beneficiaries of a pulse innovation project implemented in southern Ethiopia, the note provides a summary of the critical voices of farmers, and the role that haricot beans play in empowering women. It also outlines some of the challenges that the project faced in achieving its empowerment objectives.     

Brexit: A Cliff Edge or a Small Bump in the Road?

It is becoming increasingly accepted, not least by the Prime Minister and opposition leadership, that the negotiation of a comprehensive trade relationship with the EU is necessary to prevent the UK economy falling off a ‘cliff edge’. This concern is shaping the UK's strategy towards negotiations with the EU and has provided at least part of the motivation for the UK to consider requesting a transition period to facilitate the Brexit process. But how accurate are these fears? What evidence is there for the existence of a ‘cliff edge’? How disastrous would it be for the UK to revert to trading with the EU on the same basis as most other countries in the world, namely according to World Trade Organisation rules? This article seeks to address these issues and it highlights a number of implications for policy makers which flow from understanding the available evidence a little more clearly.     

Missing in action: practice,paralegality, and the nature of immigration enforcement

U.S. immigration control is typically understood in terms of enforcement practices undertaken by federal officers guided by legislation and court decisions. While legislation and court opinions are important components of the immigration control apparatus, they do not adequately account for immigration control ‘on the ground.’ To explore this problem, we advance the concept of paralegality, the practices and operations that constitute a dynamic system of actions and relationships that are not simply linear applications of legislation or judicial decisions but may in fact extend or counter these texts. We illustrate the importance of paralegality by reconstructing the evolution of the §287(g) and Secure Communities programs, both of which have shape-shifted dramatically since their inception. Our account of immigration control highlights the problem practice poses for law, proposes a theoretical alternative to textual-law-centric research on immigration and law enforcement, and contributes to scholarship on everyday citizenship.