Unity and conflict: Explaining financial industry lobbying success in European Union public consultations

This article examines the contingent nature of financial industry lobbying power in the context of the policy formation stage of six European Commission regulatory proposals. I argue that lobbying success is a function of how well finance is able to speak with a unified voice. Building on existing studies, I examine industry unity as explicit preference alignment between actors but also in terms of actors abstaining from stating preferences. Staying silent on an issue sends signals to policymakers about issue saliency and industry support. Using a novel dataset derived from document coding and interviews, I examine the impact of industry unity on lobbying success in shaping six financial regulatory proposals in the context of the European Union. My findings show that lobbying success is partially contingent on the extent to which finance is united behind a common position. Critically, however, lobbying success is also related to the nature of that position, whether supporting the proposal or whether in favor of strengthening or weakening regulatory stringency.     

房价上涨的途径——财政、人口与预期的再验证

在国家“六稳”、“六保”的政策目标下，稳定房价具有较大现实意义。基于中国267个地级市2006-2018年的面板数据，通过联立方程模型实证研究地方财政支出、人口迁移以及预期对房价的影响。结果显示，市场对房价上涨的预期是推升房价上涨的主要因素，此外，全国层面的房价受到地方财政支出资本化的正向作用，东、中部地区房价受到人口迁移数量的显著影响，西部地区房价受到第三产业占比的支撑。因此，稳定房价的关键途径是维持购房者的市场信心，确保人口流入有助稳定东、中部地区房价?确保第三产业发展则是 稳定西部房价的重要途径。     

西方主权债务危机与人民币国际化

长期以来,人民币国际化一直是一个备受争议的问题。随着美国金融危机的逐步加深,西方主要国家爆发了大规模主权债务危机。美欧经济必将进入一个新的历史节点,世界经济也会因此而进行一次重新洗牌,我国人民币国际化问题因此也面临着全新的挑战与机遇。     

浅析吉林省农村产权制度改革

本文以吉林省农村产权制度改革为视角,分析了吉林省农村产权制度改革的现状和存在的问题,并结合我国农村产权制度改革取得的成功经验,提出了加大政策扶持力度、以保障农民权益为改革的核心、建立健全农村产权交易平台等促进吉林省农村产权制度改革的对策.     

小微企业金融业务发展模式探究

小微企业发展过程中筹集资金的难度一直存在,一方面在于银行信贷苛刻的限制条件,另一方面在于小微企业自身的某些缺陷,造成了银行对小微企业开展信贷的数量较小,规模有限。采取小微企业联合担保形式可以为效益良好的小企业提供了比较充足的资金,大大促进了企业发展;而社区金融的小规模、活机制、少管理层次、低运行成本,适合了小微企业的融资需求。     

船舶融资租赁中备用租约的法律性质和风险辨析

由出租人与备用承租人签署备用租约在船舶融资租赁中十分普遍,但业界对其法律性质和风险缺乏明确和统一的认识。备用租约一般采用船舶融资租赁或光船租赁合同的形式,但其法律性质是光租合同、融资租赁合同抑或为保证则应根据备用承租人在备用租约下承担的义务和责任的具体内容确定,不能一概而论。     

促进共同富裕的财政政策选择

推动共同富裕对于经济增长具有重要意义,并会产生深远的社会影响。促进共同富裕进程中财 政政策作用的发挥及政策选择值得关注。研究认为,共同富裕既要实现总体富裕,也要高度重视合理的收入分 配。推进共同富裕要在保持宏观经济稳定、可持续增长的基础上实现收入分配公平,群体之间收入分配要做到“抬 低、扩中、限高”,实现东北、东部、中部、西部区域均衡发展,实现农村共同富裕,实现精神和物质共同富裕。 研究建议,应积极拓展完善税收、支出和社会保障三大财政政策,推动实现共同富裕。     

论金融功能监管:金融监管核心思想--从全球金融监管新发展看中国金融监管法律变革

随着我国“入世”,民族银行业面临巨大挑战,我国金融监管更面临严峻考验。我国金融业走向混业经营已成必然,应在分析借鉴美国《金融服务现代化法》及澳、日、德、英、加等国立法与理论的基础上,建立功能监管体系,完善我国的金融监管。     

加入WTO后“过渡期”经济特区金融法律制度的创新

经济特区应该充分利用自身的授权立法优势,率先构建符合 WTO 规则的金融法律制度体系,为国内金融市场的发展作出有益的探索。     

Do markets enhance convergence on international standards? The case of financial regulation

Why do countries that did not participate in the establishment of international standards converge on them in the absence of external coercion? The market‐based perspective asserts that market forces enhance cross‐national convergence on international standards. This paper challenges the market‐based perspective, focusing on compliance with the 1988 Basel Capital Accord in South Korea and Taiwan. First, it argues that adoption of the Basel Capital Accord by these countries was mainly driven by their regulatory authorities’ concern about the potential risk of foreign market closure to noncompliant banks. Second, it demonstrates that enforcement by the two countries’ regulatory authorities was crucial in ensuring compliance. These findings suggest that national regulatory authorities are still key actors in voluntary convergence on international standards.