Public-Sector Consolidated Financial Statements: An Analysis of the Comment Letters on IPSASB’s Exposure Draft No. 49

Public sector consolidated financial statements can be drafted according to different approaches, especially the “control approach” or “budgetary perspective.” Considering the growing importance of the International Public Sector Accounting Standards (IPSAS) in the international scenario, the aim of the article is to investigate these approaches through an analysis of the comment letters submitted to the Exposure Draft no. 49, which will replace the current IPSAS 6. The main finding concerns the acceptance of the key role played by the control approach, even though it needs to be better specified, in order to take into account the public sector characteristics.     

Financial Health in Australian Local Government: The Application of a Funding Assessment Model to Brisbane and Sydney City Councils

Local government financial viability measurement in an accrual budgeting environment poses complex challenges. Financial measures frequently generate conflicting results. A rating scale to assess financial management, constructed originally for South African municipalities (Dollery & Graves, 2009), represents a useful tool to analyze financial health trends. Applying a “Likert-like” scale to financial performance measures to assess “funding compliance”, the model in this article assists municipalities to avoid financial difficulties. To demonstrate the applicability of this model, we apply the model to the Brisbane City Council and the Sydney City Councils. Results show that the model represents a valuable aid to financial management decision-making.     

The Catalytic Effect of IMF Lending: Evidence from Sectoral FDI Data

Our study contributes to the search for the elusive catalytic effect of International Monetary Fund (IMF) lending on inflows of foreign direct investment (FDI). Recent scholarship has found that the catalytic effect is conditional on political regime and program stringency. We contribute to this literature by developing and testing a theory which describes how the catalytic effect also varies by economic sector. This is a departure from existing studies, which have tended to focus on aggregate FDI flows after crises. Our findings corroborate previous research, which finds that in general IMF lending has a substantial and negative effect on FDI. However, we find that the negative effect is concentrated in sectors that are highly dependent on external capital and have low sunk costs in the host country. Our findings are robust to several alternative explanations common in IMF literature, namely the importance of IMF program design and the ability of governments to make credible commitments to reform. Substantively, our findings suggest that investors are more likely to use IMF lending as an escape hatch in countries where FDI is dependent on external capital and has low sunk costs.     

金融危机中的佛教担当

在金融危机愈演愈烈之时,2009年春节佛教寺院相对于往年香火更旺。经济危机下的中国人也需要宗教的抚慰。佛教可以从教义、修持、仪轨和慈善活动等方面发挥作用,帮助人们化解因金融危机而造成的精神压力和心理问题,促进社会的稳定与和谐发展。     

金融风暴下的"农民工失业潮"及对策分析

金融风暴的冲击使我国农民工就业面临新的困难和挑战,新形势下的农民工就业问题受到社会的普遍关注。本文首先介绍由金融风暴引发的“农民工失业潮”,其次从加强农民工就业能力培训、鼓励农民工回乡创业等五个方面探讨了当前促进农民工就业与发展的对策：     

国际货币体系改革与全球金融安全机制构建:关联与问题JP〗*

国际货币体系是全球金融安全机制构建的制度基础,从国际货币体系改革分析其与全球金融安全机制构建之间的关联性具有重要的政策含义。国际货币体系改革与全球金融安全网构建具有内在的逻辑关联。国际货币体系风险处置和危机应对功能使得全球金融稳定和安全具有了基础保障;国际货币体系对于流动性管理的重视和全球流动性管理机制建设有利于保持全球流动性的稳定;国际汇率协调有利于国际收支失衡改善和汇率基本稳定;国际货币体系改革还争取通过机制安排来弱化货币中心国的政策外溢效应;国际货币体系的治理结构改革是全球金融安全体系的基础保障之一。但是,国际货币体系改革与全球金融安全机制构建面临着诸如国际货币体系安全的内生矛盾、全球金融安全体系短板、全球与区域金融安全网络的迭代以及改革泛政治化等问题。基于国际货币体系与全球金融安全的内在关联,应在促进布雷顿森林机构的改革、构建全球金融安全网、建立流动性管理机制、推进超主权货币建设、深化区域货币合作五个方面,推进全球金融安全体系的建设,保障全球金融稳定。     

广西三次产业结构调整对财源建设的影响

进入新世纪,广西经济已经连续5年保持两位数的增长速度,经济结构得到进一步的优化.文章利用广西统计年鉴和投入产出表提供的数据和资料,探讨产业结构调整的内在动力以及产业结构调整对财源建设的影响,以便广西在下一轮的结构调整中能更准确地把握产业结构调整的方向,使广西财政收入更上一个台阶.     

关于金融犯罪《刑法》分类的理性思考

我国金融犯罪分类在理论上的争议主要是围绕对金融诈骗罪独立设节的必要性与合理性问题展开的,在明晰金融诈骗犯罪立法沿革背景下,基于对犯罪客体概念的重申和犯罪客体的犯罪化与犯罪分类机能的认知,我国金融诈骗犯罪独立设节虽然能突出国家对该类犯罪的重视,但是违背了我国以同类客体作为《刑法》分则章节设置的标准。从实然的法规范和应然的法体系视角来看,应将其纳入《破坏金融管理秩序罪》一节中;从应然的目的性视角来审视,未来《刑法》进行补正解释或将其纳入《财产犯罪》一章也许更具正当性与合理性,也是对我国国权主义刑法向民权主义刑法转变的有力回应。     

高职院校财务分析现状及对策研究

文章分析了当前高职院校财务分析存在的问题,提出了强化高职院校财务分析的对策措施,旨在提高财务分析信息质量,提高为信息使用者服务的能力。     

人民法院委托行业协会调解的实践及其规制——以金融纠纷调解为视角

人民法院委托行业协会调解制度是努力构建多元化纠纷解决机制背景下出现的一种新型委托调解方式。必须通过厘定可委托调解案件范围的界限、适用辨清事实和司法审查相结合的辅助制度、加强培训及增加激励等举措完善该项制度。