山西省焦炭物流行业兼并重组措施研究

山西的焦炭行业是全省能源产业链中的主要环节。在经历了改革开放前期突飞猛进的发展之后,山西的焦炭行业受到上游煤炭行业售价压力和下游冶金行业进价压力的双重夹击,出现了物流产能过剩的尴尬局面,面临着如何适应国家节能减排、控制产能等一系列政策的困境。为解决这一问题,山西焦炭行业应当适时开展并推广企业兼并重组的措施,才能达到提高行业生产效率并控制产能的目的。     

论丝绸之路经济带“五通”的法治建设

构建和优化共建丝绸之路经济带的“五通”法治环境,应重点加强政策沟通机制领域的法治建设,保障合作取得“最大公约数”;促进道路联通法治建设,确保陆海大道通衢联八方;优化经贸合作法律制度设计,打造拓展彼此市场的“金钥匙”;健全金融合作法律制度,为合作各方发展注入“金融活水”;完善人员流动和文化交流法治,健全“心相知、民相亲”的法治保障机制,积极为丝绸之路经济带高效可持续共建提供健全的法治保障和体制机制支撑。     

Fisher Body revisited: Supply contracts and vertical integration

The vertical integration of Fisher Body by General Motors has been a leading example in both the transaction-cost theory and the property-rights theory of the firm. The present paper makes the following contributions. First, we show how a simple extension of the property-rights theory of the firm (which allows for contractible trade) is able to rationalize the observed ownership arrangements, supply contracts, and investment behavior both before and after integration. Second, the model lends support to Klein’s (2000) view that an increase in demand for closed automobile bodies was pivotal for vertical integration. JEL Classification L22 · L24 · L14 · K12     

European integration from the agency theory perspective

European integration is a process in which national governments look for higher levels of integration and promote new requests for allocations from the supranational authority while the balance between the benefits and costs of the supranational collective action becomes increasingly favourable. This process may be analyzed as an agency problem where different national governments, acting as principals, try to lead a single agent—the supranational authority—to make a decision on the level of integration. In this paper, decisions on integration of equilibrium are studied as the result of a non co-operative two-stage game, where national governments outline their political support strategies in the first stage and the supranational authority decides the level of integration in the second stage. JEL Classification D72     

GPA：拓展两岸合作空间的有效途径

建立海峡两岸政府采购协议（GPA）平台，是进一步推进和深化两岸合作，确保实现的有力保障。两岸正处在GPA有效合作的一个难得的“窗口期”。两岸GPA合作有着独特的优势，也存在一定的障碍，这将考验也将进一步证明两岸人民的智慧。本文为此提供了一些对策思考。     

Mortgage credit risk in EU countries: Constraints on exploiting the single currency market

The adoption of a single EU currency market raises questions about how individual country mortgage policies are likely to affect the gains that can be realized from this larger market. We use an option pricing model to provide some perspective on this issue. We address questions such as how does the risk exposure of a mortgage guarantee program in one country compare with those in other countries? What kind of effects do any such differences or varying legal restrictions on lender recourse have? Do the programs help complete financial markets? That is, are the programs structured as unsubsidized financial intermediaries which help allocate risks? Or, are the programs essentially wards of the state which encourage risk taking? In short, we aim to provide a simple, tractable way to think about how individual country policies affect the ability to exploit the potential offered by the larger market. Our conclusions are three. First, when correctly structured, mortgage default insurance can be expected to reduce non-price rationing at an actuarially fair price. It follows that to the extent that such programs lead to more complete markets without subsidies they are also more efficient than are the many schemes now used which rely on subsidies to address mortgage market incompleteness. Second, considerable care must be exercised in the development of such instruments. In a number of countries the pricing policies do not appear to be prudent. The program terms imply either that regulators often expect a much safer economic environment than seems likely, or, alternatively, the programs have been conveying either unbudgeted subsidies or incurring contingent liabilities. Such liabilities have already been realized in Sweden, and the current exposure in the Netherlands as well as with the restructured program in Sweden, appear to be large. Finally, we find that the potential geographical risk diversification provided by the single currency market can be expected to reduce mortgage rates and improve risk allocation. However, legal, fiscal, and regulatory issues with respect to credit risk limit the ability to exploit this larger market.     

市场化改革推进廉政:智利的经验及其对我国的启示

拉丁美洲是一个腐败严重的地区,但智利的廉政成效却十分显著,是第一个走出腐败泥沼的拉美国家。其清廉水平不仅高居拉美之首,而且已赶超部分发达国家。智利达到如此高的清廉度,与皮诺切特的经济改革密不可分,皮诺切特是一个军事独裁者,其本人也并不清廉,但其市场化改革减少了国家对经济的不适当干预,从制度上减少了腐败发生的几率。我国正在加强反腐败的制度建设,智利的成功经验十分值得借鉴。     

国际警务一体化的发展逻辑与国际理性

全球一体化和区域一体化的并趋发展，要求现代国家不仅要有较高水平的经济实力和政治形式，同时还应具备应对国际事务及他国文明的国际理性。为共同有效打击国际性犯罪、加强国际人权保护、建设和谐世界，也为维护现代国家的安全、稳定和发展，国际社会应扬弃现实的“契合”范式的国际警务合作，在全球和区域两个层面构建新型的“和合”范式的国际警务合作——国际警务一体化。因此，现代国家应具有立足于自身和全人类长远共同利益的、富于责任感和建设性的国际敏感、国际态度、国际观念和国际政策，在平等、规范、程序化的对话交往中，寻求共意，形成共识，不断推动国际警务一体化进程。     

我国经济犯罪中死刑废止问题之探究

死刑存废问题的研究历来是刑法学的研究重点。我国经济刑法中大量规定了死刑的适用。文章通过对死刑演进历史和经济犯罪概念的探讨,根据刑法的谦抑性原则,经济犯罪的特点和建设社会主义和谐社会的要求,分析了经济犯罪中死刑适用存在的诸多不合理,提出应该废除死刑并采取其他刑罚措施替代其适用。     

粤港澳经济一体化和法律保障机制初探

当前，世界经济区域一体化和经济全球一体化的趋势并存，而粤港澳经济一体化走出一条与世界其它地区不同的独特发展道路。随着粤港澳经济合作的深入，三地的经济一体化需要法律上的合作，粤港澳经济一体化呼唤完善的法律保障机制。