Failures,downsizings, and mergers among community development corporations

Abstract

Over the past 30 years, community development corporations (CDCs) have become increasingly important actors in low‐ and moderate‐income communities. One prominent view of CDCs is that they have experienced uninterrupted growth since the 1970s. Despite their growth and productivity, however, many are facing serious challenges to their continued viability. When confronted by such challenges, CDCs are likely to respond in one of three ways: go out of business, downsize, or merge with one or more other groups. The major goal of this research was to assess the causes of these failures, downsizings, and mergers.

First, we found that these changes do not appear to be isolated instances; rather, they are prevalent across the country. Second, we identified a number of contextual and organizational factors leading to CDC failures, downsizings, and mergers. Finally we suggest a series of actions CDCs, support communities, and policy makers can take in response.     

马克思农村生态思想对社会主义新农村建设的启示

马克思从生态问题的社会制度基础着手分析,说明资本主义制度导致了生态问题的恶化,并指出资本主义制度不可能从根本上解决农村生态问题,只有社会主义制度才能为生态良好的社会提供制度保障。发挥我国社会主义社会制度优势,努力在我国社会主义新农村建设乃至生态文明建设中做出更多有益的探索。     

Municipal corporations, economic calculation, and political pricing: exploring a theoretical antinomy

Most thinking about political economy treats states as unitary actors. In contrast, this paper treats states as ecologies of politically-based enterprises. Where a market is a congeries of business enterprises, a state is a congeries of political enterprises. Both sets of enterprises compete with one another in a setting where those who manage corporate capital are largely separate from those who supply it. Competition among political enterprises, however, cannot generate market prices because of the inalienability of property rights. In consequence, what arises is a system of pricing and calculation that exists parasitically upon the system of market prices.     

社会主义事业是目标、过程与创新的统一

根据马克思主义的观点,社会主义目标具有科学性、统一性与至上性,社会主义目标实现过程具有曲折性、整体推进性和漫长性,要通过创新推进社会主义事业发展。     

Strengths and stresses of socialist states

He is author of several books, including The Contemporary Marx; From Affluence to Praxis: Philosophy and Social Criticism;and Democratic Socialism: Theory and Praxis.     

社会主义民主政治与社会主义政治文明

党的十六大报告关于发展社会主义民主政治 ,建设社会主义政治文明是全面建设小康社会的重要目标的科学论断 ,深刻揭示了社会主义民主政治与社会主义政治文明在全面建设小康社会中的重要作用。社会主义民主政治与社会主义政治文明的关系是相当紧密的 ,社会主义民主政治既是社会主义政治文明的基础和出发点 ,又是社会主义政治文明的根本目的和必然归宿 ;社会主义政治文明则是社会主义民主政治发展的必然趋势和本质要求。     

Diffusion,transmutation, and regulatory regime in socialist market economies: telecoms reform in China and Vietnam

Abstract

Marketization and state restructuring are proceeding apace in China and Vietnam. China and Vietnam are not, however, converging upon the global regulatory model, even allowing for customary national variations. Rather, they are building up distinctive forms of regulatory regimes aiming to maintain the party-state's control over key state sectors, while at the same time integrating with the global economy and conforming to international norms and standards. This study argues that the regulatory model being adopted in Vietnam and China is the product of a specific kind of transition from a command to a market economy within an authoritarian political regime. While diffusion theories are of use in identifying external driving forces for the reform effort, these theories are of limited value for unveiling the dynamics of local contexts. Indigenous incentives, opportunity structures, and the experimental nature of public policy explain why, despite their exposure to global reform movements and commitment to multilateral institutions, China and Vietnam are likely to end up not with just a variety of the same regulatory regime, but a different one. The case of telecommunications regulation is used to illustrate this.     

统一战线与构建社会主义和谐社会

构建和谐社会需要天时、地利、人和,要克服各种特殊的困难,需要激发一切创造力,调动一切积极因素,汇集一切发展资源。爱国统一战线在这一进程中是一支不可或缺的重要力量,因此,将在构建社会主义和谐社会过程中发挥越来越重要的作用。     

Benevolence,malevolence and economic theory

How selfish soever man be supposed, there are evidently some principles in his nature which interest him in the fortune of others, and render their happiness necessary to him, though he derives nothing from it, except the pleasure of seeing it.—Adam Smith inThe Theory of Moral Sentiments.     

Monopoly,rent-seeking,and second best theory

In the context of a simple general equilibrium model, in which there is a profit-maximizing monopolist, we show that in general the introduction of rent-seeking does not restore the first best pricing rule for the undistorted industry. This result is in direct contrast to that obtained when one assumes that the monopolist follows a full cost pricing rule with a constant markup ratio. Furthermore, it still holds even if the full cost pricing rule is profit-maximizing. We also investigate the conditions under which the first best pricing rule is reinstated for the undistorted industry.