Measuring the correlation of shocks between the EU15 and the new member countries

This paper considers the question of the symmetry of inflation, exchange rate changes and GDP shocks between the EU15 and the new member countries. It applies a relatively new technique, the orthogonal GARCH model, which allows us to calculate a complete time varying correlation matrix for these countries. We can then examine the way the conditional correlation of shocks between the EU15 and the new member countries has been evolving over time. Our results suggest that the shocks which hit the EU are not symmetrical with those affecting the majority of new member countries. In addition, most of the new member countries seem to exhibit relatively low correlation with EU15.     

Beautiful Day: Awakening to Responsibility

Recently published works, such Elaine Scarry's On Beauty and Being Just, have suggested the natural confederacy of the sensory appreciation of beauty and the achievement of social justice. Scarry (amongst others) has proposed that the opiated moment in which one is arrested by beauty's spell results in a ‘radical decentrification’, where under they who behold beauty are awakened to alterity and, consequentially, encouraged to realize an ethical agenda based upon just (sic) relations between people. The present article refutes the adequacy of the beauty - ethics - justice triptych and, instead, proposes that the entire variegated aesthetic quantum operates as the medium through which recognition of (in)justice reminds us of our responsibility to the other. As essentially inarticulate concepts, justice and responsibility are capable of ‘speaking’ to us through the channel of the aesthetic. The aesthetic is the plane of dialogue on which our felt appreciation of (in)justice prompts us to responsibility. This revised version was published online in July 2006 with corrections to the Cover Date.     

中、日、韩农产品贸易争端分析及中国的对策

中国加入世界贸易组织 (WTO)后 ,中、日、韩 3国之间的农产品贸易领域进一步扩大 ,同时其贸易争端也与日俱增。尤其是蔬菜、水果等农产品的双边贸易摩擦日益加剧。面对中、日、韩 3国农产品贸易形势的新变化 ,中国应当审时度势 ,加快农业技术引进 ,增加农产品的科技含量 ,从而提高农产品质量和国际竞争力 ,并采取各种灵活的措施应对可能出现的贸易摩擦 ,更好地维护自己的利益。     

The 'Lessons' of Dictatorship: Political Learning and the Military in Chile

This article argues that political learning with regard to civil-military relations in Chile has proved an obstacle to democratization. In the postauthoritarian period, both the armed forces and political parties have referred to history when considering civil-military reform, especially with regard to how to avoid a repeat of the conflict of the Unidad Popular period. Meanwhile, the military also utilizes the Spanish example when resisting changes it feels are inimical to its interests. The 'lessons' each takes from the past directly influence political strategies and the overall result is that while civilian rule continues, democratic civil-military relations are not necessarily advanced.