Before the crisis of 1997-98,the East Asian economies-except for Japan but including China-pegged their currencies to the US dollar.To avoid further turmoil,the IMF now argues that these currencies should float more f...Before the crisis of 1997-98,the East Asian economies-except for Japan but including China-pegged their currencies to the US dollar.To avoid further turmoil,the IMF now argues that these currencies should float more freely. However,our econometric estimations how that the dollar’s Predominant weight in east Asian currency baskets has returned to its pre-crisis levels.By 2002,the day-to-day volatility of each country’s exchange rate against the dollar has again become negligible.In addition,most governments are rapidly accumulating a"war chest"of official dollar reserves,which portends that this exchange rate stabilization will come to extend over months or quarters.From the doctrine of"original sin"applied to emerging-market economies,we argue that this fear of floating is entirely rational from the perspective of each individual country.And their joint pegging to the dollar benefits the East Asian dollar bloc as a whole, although Japan remains an important outlier.展开更多
AIM:To estimate the cost-benefit of endoscopic screening strategies of esophageal cancer(EC)in high-risk areas of China. METHODS:Markov model-based analyses were conducted to compare the net present values(NPVs)and th...AIM:To estimate the cost-benefit of endoscopic screening strategies of esophageal cancer(EC)in high-risk areas of China. METHODS:Markov model-based analyses were conducted to compare the net present values(NPVs)and the benefit-cost ratios(BCRs)of 12 EC endoscopic screening strategies.Strategies varied according to the targeted screening age,screening frequencies,and follow-up intervals.Model parameters were collected from population-based studies in China,published literatures,and surveillance data. RESULTS:Compared with non-screening outcomes,all strategies with hypothetical 100 000 subjects saved life years.Among five dominant strategies determined by the incremental cost-effectiveness analysis,screening once at age 50 years incurred the lowest NPV(international dollar-I$55 million)and BCR(2.52).Screening six times between 40-70 years at a 5-year interval[i.e., six times(40)f-strategy]yielded the highest NPV(I$99 million)and BCR(3.06).Compared with six times(40)fstrategy,screening thrice between 40-70 years at a 10-year interval resulted in relatively lower NPV,but the same BCR. CONCLUSION:EC endoscopic screening is cost-beneficial in high-risk areas of China.Policy-makers should consider the cost-benefit,population acceptance,and local economic status when choosing suitable screening strategies.展开更多
Climate change will alter the capacity of carbon sequestration,and the risk assessment of carbon sequestration for terrestrial ecosystems will be helpful to the decision-making for climate change countermeasures and i...Climate change will alter the capacity of carbon sequestration,and the risk assessment of carbon sequestration for terrestrial ecosystems will be helpful to the decision-making for climate change countermeasures and international climate negotiations.Based on the net ecosystem productivity of terrestrial ecosystems simulated by Atmosphere Vegetation Integrated Model,each grid of the risk criterion was set by time series trend analysis.Then the risks of carbon sequestration of terrestrial ecosystems were investigated.The results show that,in the IPCCSRES-B2 climate scenario,climate change will bring risks of carbon sequestration,and the high-risk level will dominate terrestrial ecosystems.The risk would expand with the increase of warming degree.By the end of the long-term of this century,about 60% of the whole country will face the risk;Northwest China,mountainous areas in Northeast China,middle and lower reaches plain of Yangtze River areas,Southwest China and Southeast China tend to be extremely vulnerable.Risk levels in most regions are likely to grow with the increase of warming degree,and this increase will mainly occur during the near-term to mid-term.Northwest China will become an area of high risks,and deciduous coniferous forests,temperate mixed forests and desert grassland tend to be extremely vulnerable.展开更多
文摘Before the crisis of 1997-98,the East Asian economies-except for Japan but including China-pegged their currencies to the US dollar.To avoid further turmoil,the IMF now argues that these currencies should float more freely. However,our econometric estimations how that the dollar’s Predominant weight in east Asian currency baskets has returned to its pre-crisis levels.By 2002,the day-to-day volatility of each country’s exchange rate against the dollar has again become negligible.In addition,most governments are rapidly accumulating a"war chest"of official dollar reserves,which portends that this exchange rate stabilization will come to extend over months or quarters.From the doctrine of"original sin"applied to emerging-market economies,we argue that this fear of floating is entirely rational from the perspective of each individual country.And their joint pegging to the dollar benefits the East Asian dollar bloc as a whole, although Japan remains an important outlier.
基金Supported by The National Science and Technology Pillar Program of the 11th National Five-Year Plan of China,No. 2006BAI02A15
文摘AIM:To estimate the cost-benefit of endoscopic screening strategies of esophageal cancer(EC)in high-risk areas of China. METHODS:Markov model-based analyses were conducted to compare the net present values(NPVs)and the benefit-cost ratios(BCRs)of 12 EC endoscopic screening strategies.Strategies varied according to the targeted screening age,screening frequencies,and follow-up intervals.Model parameters were collected from population-based studies in China,published literatures,and surveillance data. RESULTS:Compared with non-screening outcomes,all strategies with hypothetical 100 000 subjects saved life years.Among five dominant strategies determined by the incremental cost-effectiveness analysis,screening once at age 50 years incurred the lowest NPV(international dollar-I$55 million)and BCR(2.52).Screening six times between 40-70 years at a 5-year interval[i.e., six times(40)f-strategy]yielded the highest NPV(I$99 million)and BCR(3.06).Compared with six times(40)fstrategy,screening thrice between 40-70 years at a 10-year interval resulted in relatively lower NPV,but the same BCR. CONCLUSION:EC endoscopic screening is cost-beneficial in high-risk areas of China.Policy-makers should consider the cost-benefit,population acceptance,and local economic status when choosing suitable screening strategies.
文摘Climate change will alter the capacity of carbon sequestration,and the risk assessment of carbon sequestration for terrestrial ecosystems will be helpful to the decision-making for climate change countermeasures and international climate negotiations.Based on the net ecosystem productivity of terrestrial ecosystems simulated by Atmosphere Vegetation Integrated Model,each grid of the risk criterion was set by time series trend analysis.Then the risks of carbon sequestration of terrestrial ecosystems were investigated.The results show that,in the IPCCSRES-B2 climate scenario,climate change will bring risks of carbon sequestration,and the high-risk level will dominate terrestrial ecosystems.The risk would expand with the increase of warming degree.By the end of the long-term of this century,about 60% of the whole country will face the risk;Northwest China,mountainous areas in Northeast China,middle and lower reaches plain of Yangtze River areas,Southwest China and Southeast China tend to be extremely vulnerable.Risk levels in most regions are likely to grow with the increase of warming degree,and this increase will mainly occur during the near-term to mid-term.Northwest China will become an area of high risks,and deciduous coniferous forests,temperate mixed forests and desert grassland tend to be extremely vulnerable.
