A Regional Repo Market Initiative for Global Financial Stability

The prevailing global financial system suffers from a shortage of good collateral for increased reliance on nonbank secured lending. Given that the global financial crisis was mainly triggered by the collapse of the collateral pool for dealer-based credit intermediation, this issue needs to be resolved quickly for normalized credit supply. Primarily, increased supply capacity for safe assets that can serve as valid collateral is the key agenda. This would be possible with a better use of USTs that are kept in EME silos and a broader recognition of an emerging market sovereign collateral pool. The inclusion of new collateral into the expanded and invigorated repo system that includes Asia would stabilize global capital flows and improve financial stability. In a related context, a market-driven, risk-mitigating regional repo market initiative would also bring balance to an increasingly market-driven financial ecosystem and mitigate the global shortage of safe assets.

Agricultural production structure,market conditions and farmers’nutritional intake in rural China

Nutrition poverty alleviation is an effective measure to improve the nutritional status of economically disadvantaged individuals,fundamentally improving their health and reducing poverty.Based on the Entitlement Theory and using the China Health and Nutrition Survey(CHNS)data,this paper examines the relationship between farmers’nutritional intake,production structure and regional market conditions.Results show that farmers with diversified production have better nutritional intake than those who specialize.Furthermore,the correlation between regional market conditions and nutritional intake varies between economically disadvantaged and non-economically disadvantaged households.Market conditions significantly influence the carbohydrate and fat intake of economically disadvantaged households and are positively associated with the dietary structure and nutritional intake of non-economically disadvantaged ones.Moreover,income is positively correlated with the nutritional intake of non-economically disadvantaged households but not with economically disadvantaged ones.

Analysis of China＇s Logistics Market and the Cooperation in Northeast Asia

In recent years, China＇s logistics market has developed very fast, characterized in demand and supply aspects. Such increase in logistics and other industries of China＇s economy, give more opportunity to the cooperation of logistics system in Northeast Asia. This paper will give more detailed analysis on the logistics market in China with the data coming from the recent survey of the research center of logistics in Nankai University and National Development and Reform Commission.

Public choice on coordinated development of border regions and its empirical research:a case study of Wuling mountain area

Due to the difficult segmentation of land destiny, popularity destiny, industry destiny on the platform of common interests demand, the regional governance of production and living for the needs of the people in cross-regional areas, such as in the aspects of security, education, assignment and management of water resources, transportation, energy, environment protection and public health, the administrative border regional cooperation is relatively easy. These aspects are equivalent to public products. Just because of this, it leads to problems that nobody will not control. The governments, in order to realize regional economic coordinated development and to eliminate the regional interests parties of administrative regions economy in microcosmic, were adapting various self-protection measures, even including that "you may have your policy but I have my countermeasures" that is derived from inter-regional economic relations. The action of market segmentation has limited the flow of various economic development elements, especially the condition of "dead end highway", resource exploitation and use, difficult social security work in social living of the administrative boundary zone. This paper studies the typical economical district of Wuling mountain area in the obvious strategic position at the junction of Chongqing, Guizhou, Hunan, Hubei provinces from the angle of regional public management and public choice to present issue awareness and academic purpose.

CEFTA as Trade Agreement and Its Role in Its Countries＇ Economic Development and E.U. Integration （Case of Albania）

CEE （Central Eastern European） region comprises a group of countries at a relatively similar stage of economic development and with the common objective of becoming member of EU. The size of the market has pushed CEE countries to find ways towards a larger market. Joint forces, into free trade agreements, have contributed to their economic growth and European Integration. How did it happened, and what are the consequences of free trade agreements, under the example of Albania, it has been studied and analyzed, through data collections from different sources like the WB, IMF, National Banks, business round table discussions, etc.. Among all the free trade agreements CEFTA has shown to be the most effective. Central European Free Trade Agreement, CEFTA, since 2006, has been a tool to businesses making the rules and regulations governing trade in the European Region. It has contributed to make trade simpler and increasingly harmonized all procedures with those of the EU and the WTO （World Trade Organization）. As a conclusion, CEFTA experience has shown to have improved considerably business ability of developing European economies, to trade with the EU countries and the world. CEFTA has created an attractive market for investments while before the market in the Region was fragmented and unattractive to important investments, has promoted growth, and contributed to job creation. Albania is a recent success of it.

The Environmental Factors and Strategic Priorities in Northwest Power Development

Based on the energy distribution and economy status In the Northwest Region in China, this paper analyzes the probability of power sources complementation between Northwest Power Grid and the adjacent regional power grids, and points out that the strategic emphases for Northwest power development are to speed up 750 kV transmis-sion system construction, expand the Regional power market, rolling-develop hydrdpower stations on the Upper Yellow River, speed up thermal power bases construction and boost the interconnection between Northwest and North China, etc.