China＇s political system China is a socialist country under the leadership of the Communist Party of China （CPC）. China＇s political system involves multi-party cooperation and political consultation under the lead...China＇s political system China is a socialist country under the leadership of the Communist Party of China （CPC）. China＇s political system involves multi-party cooperation and political consultation under the leadership of the CPC： it is described as a socialist system with Chinese characteristics.展开更多
The aim of this paper is to describe and analyze people＇s confidence in political institutions in the BRICS countries： Brazil, Russia, India, China, and South Africa. I argue that the quality of macroeconomic indica...The aim of this paper is to describe and analyze people＇s confidence in political institutions in the BRICS countries： Brazil, Russia, India, China, and South Africa. I argue that the quality of macroeconomic indicators cannot explain the variation in political confidence between the five most dynamic new emerging economies, and that there is no substantial difference among young, middle-aged, and senior-agent groups. By combing data from the Asia Barometer Survey and the World Value Survey, the author provides two complementary approaches, one sociocultural and the other micropolitical, to reveal the factors that influence people＇s confidence in four major political institutions. The explanatory effects of these two approaches are mixed. Political identity and values, in most cases, have a significant impact on political confidence. On the other hand, high levels of interpersonal social trust, individual happiness, and satisfaction with living standards also show positive influences.展开更多
We study the determinants of China ＇s bilateral local currency swap lines that were established following the recent global finance crisis. It is found that economic factors, political considerations and institutiona...We study the determinants of China ＇s bilateral local currency swap lines that were established following the recent global finance crisis. It is found that economic factors, political considerations and institutional characteristics, including trade intensity, economic size, strategic partnership, free trade agreements, corruption and stability, affect the decision to sign a swap line agreement. Once a swap line agreement decision is made, the size of the swap line is then mainly affected by trade intensity, economic size and the presence of a free trade agreement. The results are quite robust with respect to the choices of the Heckman two-stage framework or the proportional hazard model. The gravity effect captured by distances between China and its counterparts, if present, is mainly observed during the early part of the sample period under consideration.展开更多
文摘China＇s political system China is a socialist country under the leadership of the Communist Party of China （CPC）. China＇s political system involves multi-party cooperation and political consultation under the leadership of the CPC： it is described as a socialist system with Chinese characteristics.
文摘The aim of this paper is to describe and analyze people＇s confidence in political institutions in the BRICS countries： Brazil, Russia, India, China, and South Africa. I argue that the quality of macroeconomic indicators cannot explain the variation in political confidence between the five most dynamic new emerging economies, and that there is no substantial difference among young, middle-aged, and senior-agent groups. By combing data from the Asia Barometer Survey and the World Value Survey, the author provides two complementary approaches, one sociocultural and the other micropolitical, to reveal the factors that influence people＇s confidence in four major political institutions. The explanatory effects of these two approaches are mixed. Political identity and values, in most cases, have a significant impact on political confidence. On the other hand, high levels of interpersonal social trust, individual happiness, and satisfaction with living standards also show positive influences.
文摘We study the determinants of China ＇s bilateral local currency swap lines that were established following the recent global finance crisis. It is found that economic factors, political considerations and institutional characteristics, including trade intensity, economic size, strategic partnership, free trade agreements, corruption and stability, affect the decision to sign a swap line agreement. Once a swap line agreement decision is made, the size of the swap line is then mainly affected by trade intensity, economic size and the presence of a free trade agreement. The results are quite robust with respect to the choices of the Heckman two-stage framework or the proportional hazard model. The gravity effect captured by distances between China and its counterparts, if present, is mainly observed during the early part of the sample period under consideration.
