The correlation between Renminbi(RMB) internationalization and nonferrous metal prices was studied using the nonlinear Granger causality test and the dynamic conditional correlation-generalized autoregressive conditio...The correlation between Renminbi(RMB) internationalization and nonferrous metal prices was studied using the nonlinear Granger causality test and the dynamic conditional correlation-generalized autoregressive conditional heteroskedastic(DCC-GARCH) model. The results indicate that the relationship between RMB internationalization and nonferrous metal prices reflects a complex nonlinear mechanism. There was no mutual influence between RMB internationalization and nonferrous metal prices prior to the trials of the RMB settlement in the cross-border trade in July 2009. Since then, however, a bidirectional causal relationship between RMB internationalization and the price of copper and a unidirectional causal relationship from the price of aluminum to RMB internationalization were examined. In addition, due to the impact of extreme events, such as economic and financial crises, RMB internationalization and nonferrous metal prices are not always positively correlated but are rather occasionally negatively correlated.展开更多
Lead is an important toxic heavy metal among environment pollution. Some industrial parks were founded in 2005 including non-ferrous metal processing and smelting plants. In order to identify the consequence of lead p...Lead is an important toxic heavy metal among environment pollution. Some industrial parks were founded in 2005 including non-ferrous metal processing and smelting plants. In order to identify the consequence of lead pollution on children around the industry park, blood samples of neighboring children were collected and analyzed in laboratory. The results showed that the involved children have suffered serious harms from Pb pollution. Almost 75% of the children＇s blood lead levels （BLLs） exceeded the limit of normal blood lead. Worse still, 26.17% of them were at the level of Moderate lead poisoning. The group aged 0-7 showed more susceptibility to Pb than that aged 8-14. Only 19.05% of the children aged 0-7 were at the level of normal blood lead, compared with 45.45% in the group aged 8-14. There was no significant difference between the values of blood lead concentration for male and female or among different age groups. Some approaches, which include controlling the Pb pollution from the industry park and safeguarding the residents, esp. the children were suggested.展开更多
In recent years, with the acceleration of urbanization, medium-sized cities face increasingly severe, fog and haze increase, the heavy air pollution concentration, which caused acute health problems such as irritation...In recent years, with the acceleration of urbanization, medium-sized cities face increasingly severe, fog and haze increase, the heavy air pollution concentration, which caused acute health problems such as irritation and cardiovascular diseases caused widespread concern in the community. Most scholars believe that the haze is toxic and harmful gases; particulate matter and other pollutants together lead to reduced visibility as the main manifestation of the phenomenon of air pollution. Population health effects caused by the haze have been proven in many studies. The system summarizes the polluting haze weather physicochemical characteristics, introduced widely accepted definition of haze, haze hazard to residents and the proposed requirements.展开更多
Crude oil imports in China are mainly carried out by state-owned entities with non state-owned entities as compliment. Crude imported by 5 state-owned entities accounts for 90% of the total imports, while non state-ow...Crude oil imports in China are mainly carried out by state-owned entities with non state-owned entities as compliment. Crude imported by 5 state-owned entities accounts for 90% of the total imports, while non state-owned entities are about given more freedom in using and importing crude. In 2015 only, there were 13 compauies graftted rcritlt access to imported crude oil and 6welv qualiied to import rights. Currently, there are 29 non-state-owned companies engaging in crude import business. China oil market is .faced with severe challenges. Ttre growth rate of oil demand declined, and dependence upon imported oil increased and reached as high as 61.26% in 2015. Refined oil demand growth also slowed down, and oil refining overcapacity got prominent and completion wouht become fiercer＂ in future. Overcapacity was about 140 million toils per year in 2015. Consumption ratio of diesel to gasoline went on declining, and ttre task of product structure adjustment was heavy. China oil market is undergoing great transformation, and institutional mechanism zoill go ahead, on the basis of centering on orderly release of limitations on crude oil and refined oil import and export, orderly release of competitive business arrd government pricing of oil/gas downstream links, vigorous resolving of overcapacity, strengthening low-carbon development, and laying a solid foundation.for guarantee.展开更多
The privatization of a firm entails a thoroughgoing process of reform that includes the introduction of new management practices. A review of the theoretical and empirical studies conducted allows us to confirm that a...The privatization of a firm entails a thoroughgoing process of reform that includes the introduction of new management practices. A review of the theoretical and empirical studies conducted allows us to confirm that a systematic analysis of the contextual, organizational and strategic factors that arise after a public company＇s privatization does not exist. This study explores the changes in strategic management that take place after a public company＇s privatization and proposes a theoretical global analysis model that facilitates their analysis. In order to confirm the theoretical propositions posed, the contemporary multiple case study was used as a research methodology. In particular, the changes experienced in the strategic management area in four privatized Spanish companies were investigated along the lines of a longitudinal analysis. The results of this study show that most theoretical propositions are confirmed or tend to be, according to the evidence shown by the firms in the sample. In addition, a comparative analysis of the different firms＇ behaviors by following the structure constructed on the basis of the three areas （strategies, objectives and organizational structure） leads to the conclusion that all these areas are relevant to the process of change in a privatized firm＇s strategic management.展开更多
This study tries to compare the modernization of Republican Turkey and South Korea. It should be considered on two important points about the history of modernization of Republican Turkey. The first of these is mental...This study tries to compare the modernization of Republican Turkey and South Korea. It should be considered on two important points about the history of modernization of Republican Turkey. The first of these is mentalities and ideological attitudes of modernizing elites. The emphasis to be made is to actually point to an opposition： Republican bureaucracy, in other words, the Kemalist elites, believed that progress in the sense understood by the French revolutionaries, positivist ideas, and secular point of view, on the other hand refused to tradition, namely Ottoman-lslamic past/background. Secondly, the Kemalist bureaucracy followed a specific application of the statist economic strategy. The state on the one hand has made investments using its own resources on heavy industry, established monopoly on certain products, on the other hand has followed liberal policies in order to create a national bourgeoisie. In addition, it cannot resolve/transform land ownership regime in favor of landless peasants. The turning point in the economic development of Korea was the military government of Park Chong Hee. The main policy during the 20 years of government was self-sufficient national economy. A presidential central industrial planning board （EPC） was responsible for the planning of all new investment areas and provided policy coordination among related ministries. Government could control the allocation of all financial resources through nationalized commercial banks. Economic planning by government included resource allocation, setting export targets for big family holdings, selective support of strategic industries, and successful private companies. So, government played an important role in the accumulation of capital in the hands of selected loyal new bourgeoisie class, big family holdings （chaebols）, which helped the succession of national development projects. The government used nationalism and moderated Confucius values as a means of creating developmental spirit. Anti-industrial teachings in Confucianism has been changed by Western values to form a new development-oriented work ethics, but core teachings like paternalism, hierarchical order in groups, emphasis on education, harmony, collectivism were strengthened by national education. Government policies and modified cultural elements caused an able and willing labor force and committed nation for overcoming poverty, strengthening Korea＇s economic position in the region.展开更多
After joining the World Trade Organization （WTO）, China has intensified market-oriented reforms in the renminbi exchange rate, foreign trade, utilization of foreign funds, and foreign-related economic laws etc. In t...After joining the World Trade Organization （WTO）, China has intensified market-oriented reforms in the renminbi exchange rate, foreign trade, utilization of foreign funds, and foreign-related economic laws etc. In terms of ownership structure, a move from state-owned asset management system policies toward non-publiclyowned enterprises has been undertaken. In addition, China has proactively reformed the government administration system.展开更多
In this paper, we analyzed the status of human resource management practices in western China state-owned and state holding enterprises azld private enterprises, and found that there are differences in the nature of t...In this paper, we analyzed the status of human resource management practices in western China state-owned and state holding enterprises azld private enterprises, and found that there are differences in the nature of the business combination of different patterns of human resource management practices.展开更多
From the perspective of financial distortoin and using the statistics China＇s industrial enterprises between 1999 and 2007,this paper examines the relationship between corporate ownership and ROIC （return on investe...From the perspective of financial distortoin and using the statistics China＇s industrial enterprises between 1999 and 2007,this paper examines the relationship between corporate ownership and ROIC （return on invested capital）.Our empirical results suggest that SOEs have a for lower ROIC average compared to enterprises of the forms of ownership,and that private enterprises have the highest ROIC.In addition,this paper＇s numerical simulation results indicate that if financial distortion is eliminated,so that more financial resources can be redirected to private enterprises with a higher ROIC,China＇s GDP growth could be increased by 2 to 8 per cent over the current level.展开更多
The past two decades have been marked by five distinct but interlinked and converging trends that are gradually, collectively, cumulatively creating a whole new aspect of governance that, whilst it cannot replace or s...The past two decades have been marked by five distinct but interlinked and converging trends that are gradually, collectively, cumulatively creating a whole new aspect of governance that, whilst it cannot replace or supplant traditional forms of government, will increasingly complement them. This new aspect is, by its very nature, heterogeneous and organically fluid and does not allow for easy categorisation or comparative empirical study. Nevertheless, civil society- and particularly organised civil society-is increasingly exerting new forms of influence and representation and, as it does so, so its role is being consolidated and institutionalised at all levels.展开更多
基金Projects(71874210,71633006,71874207,71974208)supported by the National Natural Science Foundation of ChinaProject(2020CX049)supported by Innovation-Driven Foundation of Central South University,China+1 种基金Project(2018dcyj031)supported by Postgraduate Survey Research Foundation of Central South University,ChinaProject(17K103)supported by the Innovation Platform Open Fund Project of Hunan Education Department,China。
文摘The correlation between Renminbi(RMB) internationalization and nonferrous metal prices was studied using the nonlinear Granger causality test and the dynamic conditional correlation-generalized autoregressive conditional heteroskedastic(DCC-GARCH) model. The results indicate that the relationship between RMB internationalization and nonferrous metal prices reflects a complex nonlinear mechanism. There was no mutual influence between RMB internationalization and nonferrous metal prices prior to the trials of the RMB settlement in the cross-border trade in July 2009. Since then, however, a bidirectional causal relationship between RMB internationalization and the price of copper and a unidirectional causal relationship from the price of aluminum to RMB internationalization were examined. In addition, due to the impact of extreme events, such as economic and financial crises, RMB internationalization and nonferrous metal prices are not always positively correlated but are rather occasionally negatively correlated.
文摘Lead is an important toxic heavy metal among environment pollution. Some industrial parks were founded in 2005 including non-ferrous metal processing and smelting plants. In order to identify the consequence of lead pollution on children around the industry park, blood samples of neighboring children were collected and analyzed in laboratory. The results showed that the involved children have suffered serious harms from Pb pollution. Almost 75% of the children＇s blood lead levels （BLLs） exceeded the limit of normal blood lead. Worse still, 26.17% of them were at the level of Moderate lead poisoning. The group aged 0-7 showed more susceptibility to Pb than that aged 8-14. Only 19.05% of the children aged 0-7 were at the level of normal blood lead, compared with 45.45% in the group aged 8-14. There was no significant difference between the values of blood lead concentration for male and female or among different age groups. Some approaches, which include controlling the Pb pollution from the industry park and safeguarding the residents, esp. the children were suggested.
文摘In recent years, with the acceleration of urbanization, medium-sized cities face increasingly severe, fog and haze increase, the heavy air pollution concentration, which caused acute health problems such as irritation and cardiovascular diseases caused widespread concern in the community. Most scholars believe that the haze is toxic and harmful gases; particulate matter and other pollutants together lead to reduced visibility as the main manifestation of the phenomenon of air pollution. Population health effects caused by the haze have been proven in many studies. The system summarizes the polluting haze weather physicochemical characteristics, introduced widely accepted definition of haze, haze hazard to residents and the proposed requirements.
文摘Crude oil imports in China are mainly carried out by state-owned entities with non state-owned entities as compliment. Crude imported by 5 state-owned entities accounts for 90% of the total imports, while non state-owned entities are about given more freedom in using and importing crude. In 2015 only, there were 13 compauies graftted rcritlt access to imported crude oil and 6welv qualiied to import rights. Currently, there are 29 non-state-owned companies engaging in crude import business. China oil market is .faced with severe challenges. Ttre growth rate of oil demand declined, and dependence upon imported oil increased and reached as high as 61.26% in 2015. Refined oil demand growth also slowed down, and oil refining overcapacity got prominent and completion wouht become fiercer＂ in future. Overcapacity was about 140 million toils per year in 2015. Consumption ratio of diesel to gasoline went on declining, and ttre task of product structure adjustment was heavy. China oil market is undergoing great transformation, and institutional mechanism zoill go ahead, on the basis of centering on orderly release of limitations on crude oil and refined oil import and export, orderly release of competitive business arrd government pricing of oil/gas downstream links, vigorous resolving of overcapacity, strengthening low-carbon development, and laying a solid foundation.for guarantee.
文摘The privatization of a firm entails a thoroughgoing process of reform that includes the introduction of new management practices. A review of the theoretical and empirical studies conducted allows us to confirm that a systematic analysis of the contextual, organizational and strategic factors that arise after a public company＇s privatization does not exist. This study explores the changes in strategic management that take place after a public company＇s privatization and proposes a theoretical global analysis model that facilitates their analysis. In order to confirm the theoretical propositions posed, the contemporary multiple case study was used as a research methodology. In particular, the changes experienced in the strategic management area in four privatized Spanish companies were investigated along the lines of a longitudinal analysis. The results of this study show that most theoretical propositions are confirmed or tend to be, according to the evidence shown by the firms in the sample. In addition, a comparative analysis of the different firms＇ behaviors by following the structure constructed on the basis of the three areas （strategies, objectives and organizational structure） leads to the conclusion that all these areas are relevant to the process of change in a privatized firm＇s strategic management.
文摘This study tries to compare the modernization of Republican Turkey and South Korea. It should be considered on two important points about the history of modernization of Republican Turkey. The first of these is mentalities and ideological attitudes of modernizing elites. The emphasis to be made is to actually point to an opposition： Republican bureaucracy, in other words, the Kemalist elites, believed that progress in the sense understood by the French revolutionaries, positivist ideas, and secular point of view, on the other hand refused to tradition, namely Ottoman-lslamic past/background. Secondly, the Kemalist bureaucracy followed a specific application of the statist economic strategy. The state on the one hand has made investments using its own resources on heavy industry, established monopoly on certain products, on the other hand has followed liberal policies in order to create a national bourgeoisie. In addition, it cannot resolve/transform land ownership regime in favor of landless peasants. The turning point in the economic development of Korea was the military government of Park Chong Hee. The main policy during the 20 years of government was self-sufficient national economy. A presidential central industrial planning board （EPC） was responsible for the planning of all new investment areas and provided policy coordination among related ministries. Government could control the allocation of all financial resources through nationalized commercial banks. Economic planning by government included resource allocation, setting export targets for big family holdings, selective support of strategic industries, and successful private companies. So, government played an important role in the accumulation of capital in the hands of selected loyal new bourgeoisie class, big family holdings （chaebols）, which helped the succession of national development projects. The government used nationalism and moderated Confucius values as a means of creating developmental spirit. Anti-industrial teachings in Confucianism has been changed by Western values to form a new development-oriented work ethics, but core teachings like paternalism, hierarchical order in groups, emphasis on education, harmony, collectivism were strengthened by national education. Government policies and modified cultural elements caused an able and willing labor force and committed nation for overcoming poverty, strengthening Korea＇s economic position in the region.
文摘After joining the World Trade Organization （WTO）, China has intensified market-oriented reforms in the renminbi exchange rate, foreign trade, utilization of foreign funds, and foreign-related economic laws etc. In terms of ownership structure, a move from state-owned asset management system policies toward non-publiclyowned enterprises has been undertaken. In addition, China has proactively reformed the government administration system.
文摘In this paper, we analyzed the status of human resource management practices in western China state-owned and state holding enterprises azld private enterprises, and found that there are differences in the nature of the business combination of different patterns of human resource management practices.
文摘From the perspective of financial distortoin and using the statistics China＇s industrial enterprises between 1999 and 2007,this paper examines the relationship between corporate ownership and ROIC （return on invested capital）.Our empirical results suggest that SOEs have a for lower ROIC average compared to enterprises of the forms of ownership,and that private enterprises have the highest ROIC.In addition,this paper＇s numerical simulation results indicate that if financial distortion is eliminated,so that more financial resources can be redirected to private enterprises with a higher ROIC,China＇s GDP growth could be increased by 2 to 8 per cent over the current level.
文摘The past two decades have been marked by five distinct but interlinked and converging trends that are gradually, collectively, cumulatively creating a whole new aspect of governance that, whilst it cannot replace or supplant traditional forms of government, will increasingly complement them. This new aspect is, by its very nature, heterogeneous and organically fluid and does not allow for easy categorisation or comparative empirical study. Nevertheless, civil society- and particularly organised civil society-is increasingly exerting new forms of influence and representation and, as it does so, so its role is being consolidated and institutionalised at all levels.
