The Reputational Impact of Investor-State Disputes

To what extent do alleged violations of international commitments damage state reputation? This article explore this question with specific reference to investor-state disputes arising under the protection of international investment agreements. Its main contributions are threefold. First, building on the political institutions literature, the study places the theoretical importance of information about the rules of the game, and the actions of the participants at the center of analysis. Second, in contrast to prior empirical research, the study systematically analyzes the costs of state involvement in investment treaty arbitration by examining all known disputes. Third, the study addresses the impact of investment disputes on both foreign investment flows and state reputational rankings. We show that the consequences of investment disputes vary with the transparency of the investor-state dispute settlement process. The central implication of these findings for the broader body of literature on international institutions is that reputational mechanisms for effective treaty enforcement cannot be taken as given but instead need to be explored on the basis of a nuanced approach that addresses the pivotal issues of institutional design and information costs.     

中国式分权下的地方政府竞争对FDI技术溢出效应的影响

中国式分权的典型特点是以政治集权为实施背景,政治经济双重激励下各地方政府针对FDI展开激烈的优惠政策竞争,这些竞争会通过降低流入外资质量或提高外资企业相对竞争力的方式影响FDI的技术溢出效应。本文利用1995--2006年省级动态面板数据考察了分税制改革后财政分权对FDI技术溢出效应的影响。研究发现,FDI可以显著提高我国全要素生产率水平,但财政分权带来的恶性引资竞争会阻碍这种促进作用;分地区回归表明,东部地区地方政府竞争不会阻碍FDI对技术进步的促进作用;西部地区引资质量较低,FDI会阻碍区内生产率水平提高,并且地方政府竞争会加剧这种阻碍作用。     

沈阳制造业集群FDI溢出效应研究

近年来,国际直接投资的迅猛发展加速了经济全球化的步伐,带动了产业资本在全球范围内的重新配置。作为中国制造业的重要集聚地,沈阳随着经济的高速增长和投资环境的改善,己经成为承接国际产业转移,吸引外商直接投资（FDI）的重要基地。同时沈阳制造业的发展逐渐呈现出产业集群的趋势。笔者认为在这个过程中基于多种因素FDI的进入并没有像预期的那样给沈阳制造业产业集群带来溢出效应,我们应该关注的并不是FDI在扩大产业集群规模上的作用,而是如何从质量方面来提升产业集群,更好的发挥溢出效应,针对这一问题笔者提出了相应的政策建议。     

Multinational-firm responses to an Asian-crisis comeback: evidence from European transnationals

Abstract

Despite many predictions to the contrary, the Republic of Korea (ROK) is currently one of the countries with most pro-American attitudes. We investigate what is behind the extraordinary resilience in US popular standing in an allegedly least likely setting. Using survey data from 2002 and 2007 and a novel methodology, Classification and Regression Tree models, we test whether US standing is: (1) a matter of interests, i.e. a reward that the USA receives because it either provides security or international public goods; or (2) whether it is a matter of image, i.e. the recognition that the USA is a role model to emulate. We find that across a large number of predictors, the Korean public mostly liked the USA because they liked American ways of doing business, which gives support to the image hypothesis. Security interests played a secondary role in shaping US standing, while the provision of international public goods had no impact in the popular assessment of the USA in the ROK.     

fdi、出口贸易与陕西经济增长

运用协整、格兰杰因果检验和向量自回归模型对陕西省1985-2006年外国直接投资流入和出口总额与总产出之间的关系进行层次递进的分析,结果显示,这三个变量之间存在长期均衡关系,而短期因果关系是出口扩张显著促进了经济增长.     

Against All Odds? Russia’s Financial Crisis and Global Geopolitics

Over the past 15 years, Russia’s model of political-economy has evolved around three main channels of global economic integration: 1) export of natural resources and a national system of redistribution of export revenues; 2) financialisation, acting as a boost for domestic consumption/demand; and 3) the offshore integration of Russian capital into global capital markets. The current crisis is affecting all three channels of Russia’s global political economy. Together, reduced export revenues, the deepening financial crisis and the dominance of offshore-sourced investments into Russia, serve as crisis transmission mechanisms, and thus constitute three sets of (inter-related) dilemmas for the Russian authorities. Four scenarios of possible development of the current situation are provided.     

China's reform,internal trade and marketing

Abstract

This article analyses Macau's casinos as an example for accumulation by dispossession, in which they serve to transfer wealth from Mainland China to Macau and the casinos' foreign investors. They also represent a model for economic development and this model has migrated to Singapore, where it also operates as a form of accumulation by dispossession. By requiring citizens to pay an entrance fee, Singapore's casinos explicitly appropriate other people's money. The efficacy for the use of casinos as economic development is interrogated here because Macau's casino experience has emerged as a model for economic development in Asia beyond simply Singapore.     

转变行政管理思路 发展市场经济制度——皖粤黔川稳增长和转方式调结构调研报告

2012年经济增长下行压力加大,各地方采取了积极有效应对措施,实现经济平稳发展。该文根据对皖粤黔川四省的调研,在肯定成绩的同时,也找出了一些存在的困难和问题,并从长期困扰中国社会主义市场经济发展的思维习惯、管理体制、政策法规和运作路径入手,提出转变行政管理思路、改善行政工作方法等对策建议。     

外商直接投资在中国的产业分布与绩效分析

近年来外商直接投资流向中国的规模不断扩大。FDI对我国技术进步、出口贸易、工商税收等方面的影响越来越大，但是，FDI在我国的产业分布的不合理直接影响了产业结构的优化调整，对本地企业的技术进步贡献率也有待进一步提高。我们必须适时采取措施提高利用外资的质量，以进一步增强产业竞争力、促进经济健康发展。     

对浙江省利用外资优化产业结构的思考

加入WTO后，浙江省利用外资呈现出总量快速增长、投资行业结构调整和投资方式独资化的趋势。同时伴随着国内宏观调控和要素制约的全面趋紧，浙江省在利用外资上面临着严峻的挑战。在新的发展时期，浙江省必须切实转变招商引资观念，以优化产业结构为核心目标，改善环境、明确重点、创新方法，使浙江在外资引进的数量和质量都得到进一步提高；在利用外资的策略上更应重视关联环节，完善产业集群，积极融入跨国公司产业链，从而促进全省经济结构调整和产业结构的优化。