With the rapid growth of the global digital economy, cross-border e-commerce, as an emerging form of trade, has gradually become a powerful engine to promote the development of global trade. BRICS is an important forc...With the rapid growth of the global digital economy, cross-border e-commerce, as an emerging form of trade, has gradually become a powerful engine to promote the development of global trade. BRICS is an important force in the global economy, and the progress of the BRICS countries' trade facilitation level has an important impact on the global trade environment. This paper conducts an in-depth study of the dynamic changes in BRICS trade facilitation from 2013 to 2022, and uses an extended gravity model to analyze the specific impact of this change on China's exports using cross-border e-commerce. The results show that although the BRICS countries have made some progress in trade facilitation, the overall level still needs to be improved, and there are obvious differences among member countries. However, the improvement of trade facilitation among BRICS countries has undoubtedly brought significant positive effects to China's exports using cross-border e-commerce.展开更多
This study delves into the bilateral relations between Iran and Turkmenistan,focusing on the multidimensional impacts of cross-border ethnic groups,cultural diplomacy,and energy cooperation.The research reveals that d...This study delves into the bilateral relations between Iran and Turkmenistan,focusing on the multidimensional impacts of cross-border ethnic groups,cultural diplomacy,and energy cooperation.The research reveals that despite challenges in security cooperation,such as regional political ideological differences and uneven power distribution,Iran has adopted diverse strategies to enhance cultural identity,social cohesion,and promote economic cooperation.Iran actively seeks to repair relations with Turkmenistan by emphasizing shared historical and cultural backgrounds,particularly the presence of cross-border Turkmen ethnic groups.Specific measures include developing cultural tourism,organizing cultural weeks,and establishing commemorative days.In the economic sphere,the two countries have signed significant natural gas supply agreements,strengthening energy cooperation.Iranian leaders often emphasize“blood ties”and deep cultural connections in diplomatic statements,combining cultural diplomacy with practical economic cooperation.The study’s findings indicate that Iran’s initiatives have led to the reorganization of national space and social reconstruction in border regions,promoting changes in public policy.By integrating cultural identity,historical connections,and economic interests,Iran has adopted a sophisticated diplomatic approach,laying the foundation for more stable and enduring bilateral relations while contributing to regional stability and sustainable development.展开更多
This paper explores the operational strategies of cross-border micro, small, and medium enterprises (MSMEs). Against the backdrop of globalization and digitalization, cross-border trade has become one of the important...This paper explores the operational strategies of cross-border micro, small, and medium enterprises (MSMEs). Against the backdrop of globalization and digitalization, cross-border trade has become one of the important pathways for many MSMEs to achieve growth and competitive advantage. Firstly, the paper outlines the concept and characteristics of cross-border MSMEs, as well as the analysis of their operational environment in the context of globalization, including political, economic, social, technological, environmental, and legal factors. Secondly, the paper proposes operational strategies for cross-border MSMEs, including international market selection and positioning, cross-border marketing strategies, supply chain management, cross-border financial management, and cross-border risk management. Finally, the paper summarizes the importance of effectively implementing these strategies for cross-border MSMEs to seize international market opportunities, reduce operational risks, and enhance competitiveness and profitability.展开更多
The meteoric rise of cross-border e-commerce has become one of the pillars of our foreign trade, while the lack of quali-fied talents in the industry may restrict its benign development. This paper analyzes the major ...The meteoric rise of cross-border e-commerce has become one of the pillars of our foreign trade, while the lack of quali-fied talents in the industry may restrict its benign development. This paper analyzes the major problems existing in the BusinessEnglish talents cultivation in university, and offers advice for the construction of training modal for Business English talents basedon the cross-border e-commerce.展开更多
As an emerging industry in China, cross-border e-commerce has enjoyed the leap-forward development, along with increasingly prominent problems. This paper aims at finding out the problems and related roots that hinder...As an emerging industry in China, cross-border e-commerce has enjoyed the leap-forward development, along with increasingly prominent problems. This paper aims at finding out the problems and related roots that hinder its development, through conducting an analysis on the export development of cross-border e-commerce, in order to look for solutions and countermeasures in favor of its sound development and to promote the liberalization development of foreign trade in China.展开更多
This study examines the factors that affect the performance of foreign acquiring firms in Chinese M&As (mergers and acquisitions) market. Comparing between overseas Sino-Group and Anglo-Group, this study found that...This study examines the factors that affect the performance of foreign acquiring firms in Chinese M&As (mergers and acquisitions) market. Comparing between overseas Sino-Group and Anglo-Group, this study found that familiarity and location were the most important factors influencing performance of M&A transactions in China. It also found that unrelated M&A deals should be merged with familiarity for gaining positive acquisition performance. The total sample used in this study was 3,442 cases from October 1980 to March 2005. Because this period included all deals of M&As after the opening of Chinese market in China. The authors' finding provided a more universal explanation in the cross-border M&As in China.展开更多
With the global economy integration and progress in energy transformation,it has become a general trend to surpass national boundaries to achieve wider and optimal energy resource allocations.Consequently,there is a c...With the global economy integration and progress in energy transformation,it has become a general trend to surpass national boundaries to achieve wider and optimal energy resource allocations.Consequently,there is a critical n eed to adopt scie ntific approaches in assessi ng cross-border power grid interconnection projects.First,con sidering the promotion of large-scale renewable energy resources and improvements in system adequacy,a comprehensive assessment index system,including costs,socio-economic benefits,environmental benefits,and technical benefits,is established in this study.Second,a synthetic assessment framework is proposed for cross-border power grid interconnection projects based on the index system comprising cost-benefit analysis,with market and network simulations,iterative methods for indicator weight evaluation,and technique for order preferenee by similarity to an ideal solution(TOPSIS)method for the project rankings.Fin ally,by assessi ng and comparing three cross-border projects betwee n Europe and Asia,the proposed index system and assessment framework have been proved to be effective and feasible;the results of this system can thus support investment decision-making related to such projects in the future.展开更多
In recent years,while the traditional trade sectors have been shrinking,China’s cross-border e-commerce has undergone rapid development and has become a new driver of its international trade.Based on analysis of the ...In recent years,while the traditional trade sectors have been shrinking,China’s cross-border e-commerce has undergone rapid development and has become a new driver of its international trade.Based on analysis of the evolution pattern of China’s cross-border e-commerce,this paper uses a revised gravity model to test empirically the driving factors and the resistance factors in the development of the country’s cross-border e-commerce.The results show that the total GDP,per capita disposable income of urban residents,total imports and exports,and the scale of the online shopping market have a positive relationship with cross-border e-commerce transactions,which are conducive to the development of cross-border e-commerce,while logistics costs inhibit the development of cross-border e-commerce.Accordingly,the paper puts forward several policy recommendations.展开更多
The emerging industry of crossborder e-commerce,which has been undergoing tremendous growth thanks to the loosening policies of consumption upgrading,is facing a large transformation.E-commerce is not as simple as ope...The emerging industry of crossborder e-commerce,which has been undergoing tremendous growth thanks to the loosening policies of consumption upgrading,is facing a large transformation.E-commerce is not as simple as opening an online store,but requires offline resources,offices,a training mechanism for workers,and professional photographing and model innovation services.The industry has experienced two development phases,with the 1.0展开更多
Cross-border data transmission in the biomedical area is on the rise,which brings potential risks and management challenges to data security,biosafety,and national security.Focusing on cross-border data security asses...Cross-border data transmission in the biomedical area is on the rise,which brings potential risks and management challenges to data security,biosafety,and national security.Focusing on cross-border data security assessment and risk management,many countries have successively issued relevant laws,regulations,and assessment guidelines.This study aims to provide an index system model and management application reference for the risk assessment of the cross-border data movement.From the perspective of a single organization,the relevant risk assessment standards of several countries are integrated to guide the identification and determination of risk factors.Then,the risk assessment index system of cross-border data flow is constructed.A case study of risk assessment in 358 biomedical organizations is carried out,and the suggestions for data management are offered.This study is condusive to improving security monitoring and the early warning of the cross-border data flow,thereby realizing the safe and orderly global flow of biomedical data.展开更多
Banks play a pivotal role in an emerging economy. They mirror the country's political and economic status. The more savings deposited in banks would mean the availability of cash provided to users of funds. On the ot...Banks play a pivotal role in an emerging economy. They mirror the country's political and economic status. The more savings deposited in banks would mean the availability of cash provided to users of funds. On the other hand, their closure affects the creditors. The goals of the study include the minimization of losses imposed on creditors and the expeditious recoveries of their claims against the closed banks' assets. The study proved on the four significant impacts of selected insolvency indicators on the recoveries of creditors' claims against the assets of closed banks under the Philippine context from 1961 to 2011. The study uses various methods such as Pearson product-moment correlation coefficient to establish the strength of association of the independent variable to the dependent variable and time series technique (moving average and trend forecasting) in order to observe the pattern of data over a known period of time. Using the regression analysis, the researchers were able to establish a regression model. The ANOVA test, f-test, and R2-test were used to prove the model's goodness-of-fit, the significance of the predictors, and verification of the assumption of regression hold. Empirical evidence reveals that capital to estimated realizable value of assets ratio (ERVA) and debt to assets ratio (with respect to ERVA) were significant predictors of recovery. Further, the presence of high leverage on banks indicates that their liabilities exceed the value of their realizable assets. Thus, these banks fail to meet their maturing obligations, hence, imposing losses on the uninsured depositors and other creditors.展开更多
Cross-border investment is essential for western China’s globalization.Global value chain(GVC)forms cross-border investment networks between industries in western China and overseas cities.Focusing on GVC,this study ...Cross-border investment is essential for western China’s globalization.Global value chain(GVC)forms cross-border investment networks between industries in western China and overseas cities.Focusing on GVC,this study uses the social network analysis method,entropy method,multi-index comprehensive evaluation method,and quadratic assignment procedure analysis method to examine the characteristics and influencing factors of the urban networks of research and development(R&D),production,and sales formed as a result of the overseas investments of listed manufacturing companies in western China.Results showed that the three types of investment networks involved multiple industry types and multiple central cities with differentiated diversity and multicentrality.The R&D urban network’s leading sub-industries were the mechanical equipment and instruments,medicine and biological products,and metal and nonmetal industries.The destination cities were mostly those home to educational and scientific research centers.The production urban network’s leading sub-industries were the mechanical equipment,instrument,and food and beverage industries.The destination cities were mostly regional central cities in developing countries.The sales urban network’s leading sub-industries were the mechanical equipment and instrument,metal and nonmetal,and petrochemical and plastics industries.The destination cities were numerous and scattered.In addition,the R&D urban network easily formed specialized clusters,core nodes easily controlled the production urban network,and individual nodes did not easily control the sales urban network.Technological and economic system advantages greatly impacted the three network types.Considering the different influencing factors,this study suggests optimizing the institutional investment environment to narrow the institutional gap,adjusting and optimizing the investment layout to expand overseas markets,and increasing R&D funds to stimulate technological progress and overseas investments in western China.展开更多
China and Kazakhstan are reviewing the possibil-ity of building a pipeline to deliver natural gas fromwestern Kazakhstan to Xinjiang Uygur AutonomousRegion,on China’s western border,to satisfy the
This paper presents investigations of bankruptcy predicting models which can be useful for external users of a financial statement. Only the methods of financial analysis for insolvency prediction, useful on the basis...This paper presents investigations of bankruptcy predicting models which can be useful for external users of a financial statement. Only the methods of financial analysis for insolvency prediction, useful on the basis of financial statements, were investigated. The paper studied the influence of insolvency on the development of the Latvian Economy, including such relevant points: dynamics of number of insolvency cases in Latvia, data of the payment discipline of debts, tax liabilities of the insolvent companies, dynamics of unemployment support payments. Empirical investigations shows that only Altman's Z'" and Fulmer's H models demonstrate accuracy above 80% in all analyzed business sectors and they are applicable for Latvian companies. The other models are useful to some particular business sector.展开更多
Wine tourism as an alternative form of tourism is developed in rural areas with significant wine production.But rural areas are usually not characterized by dynamic local economies.Therefore the contribution of wine t...Wine tourism as an alternative form of tourism is developed in rural areas with significant wine production.But rural areas are usually not characterized by dynamic local economies.Therefore the contribution of wine tourism to regional development is important.In the region we will focus on the present paper,i.e.,the countries of Greece and Bulgaria,where the tradition in viticulture and production of quality wines is long.Especially in the cross-border area of Greece-Bulgaria,wine production is very remarkable.The project“VineSOS-SOS for endangered traditional vine varieties”implemented and funded by the Program“Cooperation Program Interreg V-A Greece-Bulgaria 2014-2020”identified local grape varieties in danger of extinction.In addition,a comprehensive intervention mechanism was formed for greater protection and sustainability of these varieties.The next step after the protection and promotion of these varieties is their utilization for the region with the development of a common wine tourism product for the cross-border area of Greece-Bulgaria.The present research seeks to utilize the results of the VineSOS project to develop a proposal for wine tourism development in the cross-border region of Greece-Bulgaria as a single tourist product.The main hypothesis of our research concerns the investigation and formulation of a strategy for the development of wine tourism in the cross-border region of Greece-Bulgaria based on the rare vine varieties found in the region.The development of this strategy emerges through the study of the international literature on wine tourism and the study of good practices at the international level,as well as through the special features of the cross-border area of Greece-Bulgaria.展开更多
The purpose of this study is to explore the business model for a cross-border watch company in the virtual market.The virtual market in this research focuses on mobile app devices and social communities.In the e-comme...The purpose of this study is to explore the business model for a cross-border watch company in the virtual market.The virtual market in this research focuses on mobile app devices and social communities.In the e-commerce market,the company uses community marketing and cross-border e-commerce to enhance its merchandise sales.In-depth interviews are applied to e-commerce platform experts.The findings suggest that the successful business model includes a clear brand positioning,exposure to social media channels,enhance of the webpage experience,and optimization of global cross-border e-commerce purchasing platform.展开更多
The cross-border e-commerce further development, its development is facing more and more challenges and bottlenecks. Among them, the development of cross-border logistics is a key factor restricting the development of...The cross-border e-commerce further development, its development is facing more and more challenges and bottlenecks. Among them, the development of cross-border logistics is a key factor restricting the development of cross-border e-commerce. Due to cross-border logistics development lags behind the cross-border e-commerce, caused many not coordinated between them Article analyzes the current cross-border e-commerce and cross-border logistics synergy development research present situation. Combined with cross-border e-commerce with cross-border logistics development present situation and the bottleneck problem, by means of literature data collection and investigation, the cross-border e-commerce with cross-border emphatically analyzed the present situation an-d problems of the coordinated development of logistics. Series and put forward the improvement measures, to promote the coordinated development of cross-border e-commerce and cross-border logistics and subsequent research has import-ant significance.展开更多
The present paper is focused on the analysis of the European building processes from the historical perspective of federalism (from ethnic federalism to current federalism) applied to the current framework of Europe...The present paper is focused on the analysis of the European building processes from the historical perspective of federalism (from ethnic federalism to current federalism) applied to the current framework of Europeanization and cross-border cooperation in Europe. With the objective of reviewing some of its processes and impacts, an analysis structure has been set, being the main purpose to extract conclusions on the long Europeanization process undertaken by the EU institutions. One of these recent processes reached the consolidation of Euroregions as cross-border cooperation institutions within the framework of multilevel governance. For the main purpose of the paper, the following questions are raised: How has contributed the perspective of federalism to the building of cross-border institutions, namely Euroregions? After three decades of implementation of the formal cooperation in Europe through institutions as the Euroregions, can it be confirmed that the Eurnregions are consolidated as an institutional benchmark within the cross-border cooperation in Europe (CBC-E)? In order to answer these questions, a review of the historic perspective of ethnic federalism applied to the classical models of formal cooperation is undertaken. From this historical revision, the development of the Euroregion within the EU will be analyzed. Finally, the present paper is focused on the case study of the cross-border space that are the Autonomous Region of Galician and the Regiao Norte de Portugal, as well as its most important cooperative institution, the Euro-region Galicia-North Portugal.展开更多
Based on the blockchain technology to construct the relevant research on the China-Europe cross-border e-commerce ecosystem,we must first define the main significance and combine the core technology application of blo...Based on the blockchain technology to construct the relevant research on the China-Europe cross-border e-commerce ecosystem,we must first define the main significance and combine the core technology application of blockchain to explore the blockchain China-Europe cross-border e-commerce ecosystem,thereby drawing effective measures such as establishing a cross-border e-commerce integrated service system,improving e-commerce credit risk management and establishing a blockchain supply chain intelligence system,which comprehensively elaborates on the importance of blockchain technology to build a China-Europe cross-border e-commerce ecosystem.展开更多
Imports of cross-border E-business are rising quickly,and cross-border online shopping is getting more and more popular.Besides newcomers like Ymatou,wgyp.com,Xiaohongshu,yunhou.com,metao.com,Haojiemi,and smzdm.com,Tm...Imports of cross-border E-business are rising quickly,and cross-border online shopping is getting more and more popular.Besides newcomers like Ymatou,wgyp.com,Xiaohongshu,yunhou.com,metao.com,Haojiemi,and smzdm.com,Tmall,Jingdong,Suning,the Amazon,jumei.com,yhd.com,Vipshop and other established domestic E-business enterprises are also attracted and actively involved in this booming business sector.Recently,the China展开更多
基金Supported by Western Project of National Social Science Fund of China(23XJY013)Project of Social Science Foundation of Shaanxi Province(2022D032).
文摘With the rapid growth of the global digital economy, cross-border e-commerce, as an emerging form of trade, has gradually become a powerful engine to promote the development of global trade. BRICS is an important force in the global economy, and the progress of the BRICS countries' trade facilitation level has an important impact on the global trade environment. This paper conducts an in-depth study of the dynamic changes in BRICS trade facilitation from 2013 to 2022, and uses an extended gravity model to analyze the specific impact of this change on China's exports using cross-border e-commerce. The results show that although the BRICS countries have made some progress in trade facilitation, the overall level still needs to be improved, and there are obvious differences among member countries. However, the improvement of trade facilitation among BRICS countries has undoubtedly brought significant positive effects to China's exports using cross-border e-commerce.
文摘This study delves into the bilateral relations between Iran and Turkmenistan,focusing on the multidimensional impacts of cross-border ethnic groups,cultural diplomacy,and energy cooperation.The research reveals that despite challenges in security cooperation,such as regional political ideological differences and uneven power distribution,Iran has adopted diverse strategies to enhance cultural identity,social cohesion,and promote economic cooperation.Iran actively seeks to repair relations with Turkmenistan by emphasizing shared historical and cultural backgrounds,particularly the presence of cross-border Turkmen ethnic groups.Specific measures include developing cultural tourism,organizing cultural weeks,and establishing commemorative days.In the economic sphere,the two countries have signed significant natural gas supply agreements,strengthening energy cooperation.Iranian leaders often emphasize“blood ties”and deep cultural connections in diplomatic statements,combining cultural diplomacy with practical economic cooperation.The study’s findings indicate that Iran’s initiatives have led to the reorganization of national space and social reconstruction in border regions,promoting changes in public policy.By integrating cultural identity,historical connections,and economic interests,Iran has adopted a sophisticated diplomatic approach,laying the foundation for more stable and enduring bilateral relations while contributing to regional stability and sustainable development.
文摘This paper explores the operational strategies of cross-border micro, small, and medium enterprises (MSMEs). Against the backdrop of globalization and digitalization, cross-border trade has become one of the important pathways for many MSMEs to achieve growth and competitive advantage. Firstly, the paper outlines the concept and characteristics of cross-border MSMEs, as well as the analysis of their operational environment in the context of globalization, including political, economic, social, technological, environmental, and legal factors. Secondly, the paper proposes operational strategies for cross-border MSMEs, including international market selection and positioning, cross-border marketing strategies, supply chain management, cross-border financial management, and cross-border risk management. Finally, the paper summarizes the importance of effectively implementing these strategies for cross-border MSMEs to seize international market opportunities, reduce operational risks, and enhance competitiveness and profitability.
文摘The meteoric rise of cross-border e-commerce has become one of the pillars of our foreign trade, while the lack of quali-fied talents in the industry may restrict its benign development. This paper analyzes the major problems existing in the BusinessEnglish talents cultivation in university, and offers advice for the construction of training modal for Business English talents basedon the cross-border e-commerce.
文摘As an emerging industry in China, cross-border e-commerce has enjoyed the leap-forward development, along with increasingly prominent problems. This paper aims at finding out the problems and related roots that hinder its development, through conducting an analysis on the export development of cross-border e-commerce, in order to look for solutions and countermeasures in favor of its sound development and to promote the liberalization development of foreign trade in China.
文摘This study examines the factors that affect the performance of foreign acquiring firms in Chinese M&As (mergers and acquisitions) market. Comparing between overseas Sino-Group and Anglo-Group, this study found that familiarity and location were the most important factors influencing performance of M&A transactions in China. It also found that unrelated M&A deals should be merged with familiarity for gaining positive acquisition performance. The total sample used in this study was 3,442 cases from October 1980 to March 2005. Because this period included all deals of M&As after the opening of Chinese market in China. The authors' finding provided a more universal explanation in the cross-border M&As in China.
基金the Science and Technology Project of Global Energy Interconnection Group Co.,Ltd.(No.524500180014).
文摘With the global economy integration and progress in energy transformation,it has become a general trend to surpass national boundaries to achieve wider and optimal energy resource allocations.Consequently,there is a critical n eed to adopt scie ntific approaches in assessi ng cross-border power grid interconnection projects.First,con sidering the promotion of large-scale renewable energy resources and improvements in system adequacy,a comprehensive assessment index system,including costs,socio-economic benefits,environmental benefits,and technical benefits,is established in this study.Second,a synthetic assessment framework is proposed for cross-border power grid interconnection projects based on the index system comprising cost-benefit analysis,with market and network simulations,iterative methods for indicator weight evaluation,and technique for order preferenee by similarity to an ideal solution(TOPSIS)method for the project rankings.Fin ally,by assessi ng and comparing three cross-border projects betwee n Europe and Asia,the proposed index system and assessment framework have been proved to be effective and feasible;the results of this system can thus support investment decision-making related to such projects in the future.
基金supported by the National Social Science Foundation General Program (12BJY009)the National Natural Science Foundation (71673087)Shanghai Municipal Philosophy and Social Sciences Planning General Program (2018BJB025)
文摘In recent years,while the traditional trade sectors have been shrinking,China’s cross-border e-commerce has undergone rapid development and has become a new driver of its international trade.Based on analysis of the evolution pattern of China’s cross-border e-commerce,this paper uses a revised gravity model to test empirically the driving factors and the resistance factors in the development of the country’s cross-border e-commerce.The results show that the total GDP,per capita disposable income of urban residents,total imports and exports,and the scale of the online shopping market have a positive relationship with cross-border e-commerce transactions,which are conducive to the development of cross-border e-commerce,while logistics costs inhibit the development of cross-border e-commerce.Accordingly,the paper puts forward several policy recommendations.
文摘The emerging industry of crossborder e-commerce,which has been undergoing tremendous growth thanks to the loosening policies of consumption upgrading,is facing a large transformation.E-commerce is not as simple as opening an online store,but requires offline resources,offices,a training mechanism for workers,and professional photographing and model innovation services.The industry has experienced two development phases,with the 1.0
基金support from the National Natural Science Foundation of China(Grant No.:71901169)the Shaanxi Province Innovative Talents Promotion Plan-Youth Science and Technology Nova Project(Grant No.:2022KJXX-50).
文摘Cross-border data transmission in the biomedical area is on the rise,which brings potential risks and management challenges to data security,biosafety,and national security.Focusing on cross-border data security assessment and risk management,many countries have successively issued relevant laws,regulations,and assessment guidelines.This study aims to provide an index system model and management application reference for the risk assessment of the cross-border data movement.From the perspective of a single organization,the relevant risk assessment standards of several countries are integrated to guide the identification and determination of risk factors.Then,the risk assessment index system of cross-border data flow is constructed.A case study of risk assessment in 358 biomedical organizations is carried out,and the suggestions for data management are offered.This study is condusive to improving security monitoring and the early warning of the cross-border data flow,thereby realizing the safe and orderly global flow of biomedical data.
文摘Banks play a pivotal role in an emerging economy. They mirror the country's political and economic status. The more savings deposited in banks would mean the availability of cash provided to users of funds. On the other hand, their closure affects the creditors. The goals of the study include the minimization of losses imposed on creditors and the expeditious recoveries of their claims against the closed banks' assets. The study proved on the four significant impacts of selected insolvency indicators on the recoveries of creditors' claims against the assets of closed banks under the Philippine context from 1961 to 2011. The study uses various methods such as Pearson product-moment correlation coefficient to establish the strength of association of the independent variable to the dependent variable and time series technique (moving average and trend forecasting) in order to observe the pattern of data over a known period of time. Using the regression analysis, the researchers were able to establish a regression model. The ANOVA test, f-test, and R2-test were used to prove the model's goodness-of-fit, the significance of the predictors, and verification of the assumption of regression hold. Empirical evidence reveals that capital to estimated realizable value of assets ratio (ERVA) and debt to assets ratio (with respect to ERVA) were significant predictors of recovery. Further, the presence of high leverage on banks indicates that their liabilities exceed the value of their realizable assets. Thus, these banks fail to meet their maturing obligations, hence, imposing losses on the uninsured depositors and other creditors.
基金Under the auspices of National Natural Science Foundation of China(No.41971198)。
文摘Cross-border investment is essential for western China’s globalization.Global value chain(GVC)forms cross-border investment networks between industries in western China and overseas cities.Focusing on GVC,this study uses the social network analysis method,entropy method,multi-index comprehensive evaluation method,and quadratic assignment procedure analysis method to examine the characteristics and influencing factors of the urban networks of research and development(R&D),production,and sales formed as a result of the overseas investments of listed manufacturing companies in western China.Results showed that the three types of investment networks involved multiple industry types and multiple central cities with differentiated diversity and multicentrality.The R&D urban network’s leading sub-industries were the mechanical equipment and instruments,medicine and biological products,and metal and nonmetal industries.The destination cities were mostly those home to educational and scientific research centers.The production urban network’s leading sub-industries were the mechanical equipment,instrument,and food and beverage industries.The destination cities were mostly regional central cities in developing countries.The sales urban network’s leading sub-industries were the mechanical equipment and instrument,metal and nonmetal,and petrochemical and plastics industries.The destination cities were numerous and scattered.In addition,the R&D urban network easily formed specialized clusters,core nodes easily controlled the production urban network,and individual nodes did not easily control the sales urban network.Technological and economic system advantages greatly impacted the three network types.Considering the different influencing factors,this study suggests optimizing the institutional investment environment to narrow the institutional gap,adjusting and optimizing the investment layout to expand overseas markets,and increasing R&D funds to stimulate technological progress and overseas investments in western China.
文摘China and Kazakhstan are reviewing the possibil-ity of building a pipeline to deliver natural gas fromwestern Kazakhstan to Xinjiang Uygur AutonomousRegion,on China’s western border,to satisfy the
文摘This paper presents investigations of bankruptcy predicting models which can be useful for external users of a financial statement. Only the methods of financial analysis for insolvency prediction, useful on the basis of financial statements, were investigated. The paper studied the influence of insolvency on the development of the Latvian Economy, including such relevant points: dynamics of number of insolvency cases in Latvia, data of the payment discipline of debts, tax liabilities of the insolvent companies, dynamics of unemployment support payments. Empirical investigations shows that only Altman's Z'" and Fulmer's H models demonstrate accuracy above 80% in all analyzed business sectors and they are applicable for Latvian companies. The other models are useful to some particular business sector.
文摘Wine tourism as an alternative form of tourism is developed in rural areas with significant wine production.But rural areas are usually not characterized by dynamic local economies.Therefore the contribution of wine tourism to regional development is important.In the region we will focus on the present paper,i.e.,the countries of Greece and Bulgaria,where the tradition in viticulture and production of quality wines is long.Especially in the cross-border area of Greece-Bulgaria,wine production is very remarkable.The project“VineSOS-SOS for endangered traditional vine varieties”implemented and funded by the Program“Cooperation Program Interreg V-A Greece-Bulgaria 2014-2020”identified local grape varieties in danger of extinction.In addition,a comprehensive intervention mechanism was formed for greater protection and sustainability of these varieties.The next step after the protection and promotion of these varieties is their utilization for the region with the development of a common wine tourism product for the cross-border area of Greece-Bulgaria.The present research seeks to utilize the results of the VineSOS project to develop a proposal for wine tourism development in the cross-border region of Greece-Bulgaria as a single tourist product.The main hypothesis of our research concerns the investigation and formulation of a strategy for the development of wine tourism in the cross-border region of Greece-Bulgaria based on the rare vine varieties found in the region.The development of this strategy emerges through the study of the international literature on wine tourism and the study of good practices at the international level,as well as through the special features of the cross-border area of Greece-Bulgaria.
文摘The purpose of this study is to explore the business model for a cross-border watch company in the virtual market.The virtual market in this research focuses on mobile app devices and social communities.In the e-commerce market,the company uses community marketing and cross-border e-commerce to enhance its merchandise sales.In-depth interviews are applied to e-commerce platform experts.The findings suggest that the successful business model includes a clear brand positioning,exposure to social media channels,enhance of the webpage experience,and optimization of global cross-border e-commerce purchasing platform.
文摘The cross-border e-commerce further development, its development is facing more and more challenges and bottlenecks. Among them, the development of cross-border logistics is a key factor restricting the development of cross-border e-commerce. Due to cross-border logistics development lags behind the cross-border e-commerce, caused many not coordinated between them Article analyzes the current cross-border e-commerce and cross-border logistics synergy development research present situation. Combined with cross-border e-commerce with cross-border logistics development present situation and the bottleneck problem, by means of literature data collection and investigation, the cross-border e-commerce with cross-border emphatically analyzed the present situation an-d problems of the coordinated development of logistics. Series and put forward the improvement measures, to promote the coordinated development of cross-border e-commerce and cross-border logistics and subsequent research has import-ant significance.
文摘The present paper is focused on the analysis of the European building processes from the historical perspective of federalism (from ethnic federalism to current federalism) applied to the current framework of Europeanization and cross-border cooperation in Europe. With the objective of reviewing some of its processes and impacts, an analysis structure has been set, being the main purpose to extract conclusions on the long Europeanization process undertaken by the EU institutions. One of these recent processes reached the consolidation of Euroregions as cross-border cooperation institutions within the framework of multilevel governance. For the main purpose of the paper, the following questions are raised: How has contributed the perspective of federalism to the building of cross-border institutions, namely Euroregions? After three decades of implementation of the formal cooperation in Europe through institutions as the Euroregions, can it be confirmed that the Eurnregions are consolidated as an institutional benchmark within the cross-border cooperation in Europe (CBC-E)? In order to answer these questions, a review of the historic perspective of ethnic federalism applied to the classical models of formal cooperation is undertaken. From this historical revision, the development of the Euroregion within the EU will be analyzed. Finally, the present paper is focused on the case study of the cross-border space that are the Autonomous Region of Galician and the Regiao Norte de Portugal, as well as its most important cooperative institution, the Euro-region Galicia-North Portugal.
文摘Based on the blockchain technology to construct the relevant research on the China-Europe cross-border e-commerce ecosystem,we must first define the main significance and combine the core technology application of blockchain to explore the blockchain China-Europe cross-border e-commerce ecosystem,thereby drawing effective measures such as establishing a cross-border e-commerce integrated service system,improving e-commerce credit risk management and establishing a blockchain supply chain intelligence system,which comprehensively elaborates on the importance of blockchain technology to build a China-Europe cross-border e-commerce ecosystem.
文摘Imports of cross-border E-business are rising quickly,and cross-border online shopping is getting more and more popular.Besides newcomers like Ymatou,wgyp.com,Xiaohongshu,yunhou.com,metao.com,Haojiemi,and smzdm.com,Tmall,Jingdong,Suning,the Amazon,jumei.com,yhd.com,Vipshop and other established domestic E-business enterprises are also attracted and actively involved in this booming business sector.Recently,the China