Empirical study of investment activity＇s drivers in capital-intensive Russian firms

In this paper we present the research results of key factors that determine the investment behavior of Russian companies during 2004-2008. The emphasis is made on the policy of capital expenditures. In the analysis, it included maeroeconomic, some industry factors （growth rate, spread of efficiency （ROIC-WACC）, market and industry risks） as well as some internal factors related to the equity structure and the quality of corporate governance.     

新一轮改革后的日本经济评析

日本经济在经历了20世纪90年代的衰退后,为实现经济复苏,开始了一轮新的改革.通过一系列改革措施,日本经济在2002年走出低谷,实现了复苏,改革成果显现.可以说,日本经济的复苏是在世界经济发展的背景下实现的,日本经济对世界经济尤其是美国经济具有很大的依赖性.随着全球经济形势的严峻,日本经济也难以独善其身,势必会随世界经济的起落而起落.但由于政府对经济的调控手段的不断成熟和完善,经济转型的延续,日本经济不会出现像20世纪90年代那样大的滑坡,应从发展的眼光把握日本经济今后走势.     

Public opinion towards welfare state reform: The role of political trust and government satisfaction

The traditional welfare state, which emerged as a response to industrialization, is not well equipped to address the challenges of today's post-industrial knowledge economies. Experts and policymakers have therefore called for welfare state readjustment towards a ‘social investment’ model (focusing on human skills and capabilities). Under what conditions are citizens willing to accept such future-oriented reforms? We point at the crucial but hitherto neglected role of citizens’ trust in and satisfaction with government. Trust and satisfaction matter because future-oriented reforms generate uncertainties, risks and costs, which trust and government satisfaction can attenuate. We offer micro-level causal evidence using experiments in a representative survey covering eight European countries and confirm these findings with European Social Survey data for 22 countries. We find that trust and government satisfaction increase reform support and moderate the effects of self-interest and ideological standpoints. These findings have crucial implications not least because they help explain why some countries manage – but others fail – to enact important reforms.     

Still a poster child for social investment? Changing regulatory dynamics of early childhood education and care in Denmark and Sweden

This paper investigates the regulation of publicly organized early childhood education and care (ECEC) in Denmark and Sweden, through the regulatory welfare state (RWS) framework. The analysis focuses on how alterations in funding and quality of care are shaped by governmental and nongovernmental actors at national and local levels of government. Through focused structured analysis, we examine how various actors have shaped the funding and quality of childcare in Denmark and Sweden, from the early 2000s to 2020, with special attention to the period during and after the 2008 financial crisis. In the aftermath of the financial crisis, concerns about quality in care were raised on the political agenda by various actors in both countries, leading to decisions to improve the quality of care. Yet, the regulatory dynamics differ: In Denmark, the debate led to a decision in 2019, to implement a minimum statutory requirement of regulatory quality standards. From an RWS perspective, this outcome can be qualified as “double expansion,” because regulatory quality standards, and public funding for childcare increased. In Sweden, the debates about quality of ECEC led, in 2016, to political guidelines about quality standard, but with no additional national funds, and no mandatory regulatory quality requirements. Analytically, this can be qualified as “regulatory-led expansion,” that is requirements for quality standards, although the lack of additional national funds suggests that it will be difficult to improve ECEC quality substantially. The RWS perspective, which focuses on national and municipal levels of governance, also gives insights into hidden inequalities between municipalities regarding funding and quality of ECEC, which are more pronounced in Sweden than in Denmark.     

加减薯蓣丸抑制单磷酸腺苷活化蛋白激酶活性对慢性脑灌注不足大鼠的神经保护研究

目的 检测慢性脑灌注不足大鼠海马组织单磷酸腺苷活化蛋白激酶（adenosine monophosphate-activated protein kinase, AMPK）水平的变化,探讨加减薯蓣丸对海马神经细胞损伤的影响及其作用机制。方法 采用改良双侧颈总动脉阻断法复制慢性脑灌注不足模型,应用尼氏染色检测神经细胞损伤情况,应用Western blot法检测海马区AMPK及p-AMPK表达水平。结果 与正常组比较,模型组大鼠海马CA1区的尼氏染色较浅,神经锥体细胞数减少,海马组织p-AMPK表达水平明显升高（P<0.05）;与模型组比较,中药组与西药组大鼠海马CA1区的尼氏染色加深,锥体细胞数量增加,p-AMPK表达水平明显下降（P<0.05）;中药组与西药组大鼠海马CA1区AMPK和p-AMPK表达水平比较,差异均无统计学意义（P>0.05）。结论 大鼠慢性脑灌注不足损伤后,AMPK过度激活,出现海马神经细胞损伤,加减薯蓣丸可抑制海马区AMPK的激活,减轻海马神经损伤。     

转变经济发展方式的发展经济学考察

当前,世界经济处于脆弱的复苏期,这对于经济处于工业化中期阶段的中国来说既是挑战,也是进行结构调整,加速转变经济发展方式的战略机遇。要实现经济发展方式的良性转变,实现经济平稳增长,需要重新检视有关经济增长与发展的观念、政策,科学有效地推动经济发展方式的转变。     

是共赢不是依赖——试析韩国对华投资与贸易的新特征

上世纪90年代中国经济的高速增长和中韩建交加快了韩国对华投资和贸易的速度,之后的1997年亚洲货币危机时期,中国为稳定亚洲货币而展现出的高度责任感以及中国加入世贸组织,进一步加大了其规模。在投资引导下,贸易中严重偏于以原材料和零部件为主的结构特征,虽使韩连续保持巨额的对华贸易顺差,但也同时提高了和中国经济的联系程度。针对如何看待以对外投资刺激贸易从而带动经济的增长模式,笔者认为,投资国不应只顾虑到外来投资会提升受资国竞争实力、加深依赖甚至产生“飞镖效应”,而应从本国贸易顺差、产业结构升级乃至合作利益的角度出发,认识到这是经济全球化条件下共赢原则的必然选择。     

交通与西藏经济发展实证研究

交通在区域经济发展中起着至关重要的作用。西藏和平解放50多年来,国家对西藏投入巨资,形成了较为完善的立体交通网络体系,促进了西藏区域内外人流、物流的交流。西藏经济发展突破交通“瓶颈”的制约后持续增强,西藏经济发展与交通发展相关性很强。今后需要在西藏交通发展的财政资金制度及配套保障方面进一步制度深化,以促进经济的持续性发展。     

浅议中国--东盟投资争端解决机制的构建

文章立足于中国-东盟这一完全由发展中国家组成的自由贸易区的事实,以中国与东盟各国在双边投资协议中达成的共识为基础,同时借鉴现代双边、多边投资协议(包括东盟关于投资争议解决的已有规定)中关于投资争端解决的先进做法,提出中国-东盟投资争端解决机制构建的建议.     

企业智力资本营运六大方略

在智力型企业中,智力资源是企业的核心生产要素,有效地进行智力资本营运具有十分重要的理论与实践意义。建立企业智力资本报告制度、注重智力资本的积累、优化配置企业智力资源等是进行企业智力资本营运的主要方法和策略。