Two rounds of leveraging-up have led to a high debt ratio in the Chinese economy, triggered liquidity mismatch and increased systemic financial risks. The key causes of local government liabilities are soft budget con...Two rounds of leveraging-up have led to a high debt ratio in the Chinese economy, triggered liquidity mismatch and increased systemic financial risks. The key causes of local government liabilities are soft budget constraints and non-market-based factor allocation. Currently, the risks of local government liabilities are generally controllable. This paper concludes that the long-term solution to managing local government liabilities is to enhance budget constraint and institutional assurance and proposes countermeasures in the reform of urban construction investment and ftnancing mechanisms.展开更多
Started with the discussions on the value orientation of urban water supply industry marketization,the article points out that the current urban water supply industry marketization reform is inconsistent with the goal...Started with the discussions on the value orientation of urban water supply industry marketization,the article points out that the current urban water supply industry marketization reform is inconsistent with the goal of public water service equalization to some extent.The article also analyzes the problems emerged in urban water supply industry marketization reform and various rea-sons in view of efficiency and fairness.An efficiency and fairness oriented management model is built in this article to illustrate how the government should conciliate interests of various communities involved in the process of marketization reform of the urban water supply industry so as to actualize the coordination of efficiency and fairness.At the end,an assumption on urban water price is put forward to help achieve the public water service equalization.展开更多
Acoustic climate of a given area ought to be a factor of considerable significance in investment processes in an urbanized area, especially in a residential real estate market, due to its extensive influence on the li...Acoustic climate of a given area ought to be a factor of considerable significance in investment processes in an urbanized area, especially in a residential real estate market, due to its extensive influence on the living standards of its inhabitants. In the following article, the authors have given an analysis of the residential market of housing units located in areas of acceptable and excessive noise levels in preselected regions of Poland. With this end in view, an entirely new source of information has been used in the research--an acoustic map which has been defined and applied to produce the outcome of the analysis. It allowed for the recognition of whether or not the noise level influences decisions made by investors existing in a local residential real estate market.展开更多
With the rapid developmem of new urbanization, a number of micro creative space has emerged in China. The micro creative space of Gongshu District in Hangzhou has experienced a rapid and mixed development. Considering...With the rapid developmem of new urbanization, a number of micro creative space has emerged in China. The micro creative space of Gongshu District in Hangzhou has experienced a rapid and mixed development. Considering the existing problems of those space, the following measures can help those space realize an organic urban growth： arranging the layout comprehensively, optimizing industrial agglomeration, improving the planning management quality and optimizing public platform serx, ice support. The good development of micro creative garden can promote the full flow of creative element, so as to accelerate city economic structure transformation, increase city space efficiency and promote the city innovation development.展开更多
Labor shortage and the rise of wages in China have generated heated debate on the arrival of the Lewisian Turning Point. Based on an empirical study of macroeconomic data for 284 prefecture-level cities, this paper ar...Labor shortage and the rise of wages in China have generated heated debate on the arrival of the Lewisian Turning Point. Based on an empirical study of macroeconomic data for 284 prefecture-level cities, this paper argues that the dual economy transition in China involves the coexistence of urbanization, industrialization and open economy. However, China has not yet arrived at the Lewisian Turning Point, because wage gaps between different industries and regions still exist and surplus labor is still being attracted to the labor-intensive manufacturing and tertiary industries in the eastern provinces. External economic shock and the mismatch between industrialization and urbanization are the primary causes of the coexistence of labor surplus and labor shortage.展开更多
Toadies cities are accumulating the global population in their territories, occurring formally and informally. The increase of urban informality is the most significant trend shaping the 21st century world. Furthermor...Toadies cities are accumulating the global population in their territories, occurring formally and informally. The increase of urban informality is the most significant trend shaping the 21st century world. Furthermore, the urban informality ＂theory＂ should be considered in urbanization courses and development studies. With the rapid economic market development, changes mapped the major Syrian cities. Damascus is in the midst of a profound transformation of architectural and planning changes. Damascus urbanization is crowded simultaneously with informal settlements. In consequence, a detonation of urban sprawl placing random districts and informal settlements around the city （elmokhalafat ＆ elmanatiq elashwaiya） Damascus urban informality is a way of supplying shelters and houses as a fundamental human need. The study hereby high-lights the informal phenomenon and its effects on the city at present through analytical study showing solutions and asking questions, and, finally, deals with informality in an urbanized way with self-help constructs and upgrades to aid the low income and urban poor.展开更多
The East Asian development model ascribes an interventionist role to a state which uses regulations to govern the market in the early stages of devdopment. Many scholars have ascribed this role to the Chinese state in...The East Asian development model ascribes an interventionist role to a state which uses regulations to govern the market in the early stages of devdopment. Many scholars have ascribed this role to the Chinese state in the post- planning era. However, a major difference between China and other East Asian economies is the massive size of China＇s population. In Japan, South Korea, Taiwan, and Singapore, the role of the state governing labor marl^ets and labor transfers from rural to urban areas has not been considered central to their development model. In China, the size of its rural population has led the Chinese state to take a more proactive approach to governing the labor market and the urbanization process by using the hukou system to institutionalize a temporary laboring class, to guide urbanization to low population density areas and to create competitive residency schemes in desirable urban areas. Such a developmental function differs considerably to the role of the state during the early development of East Asian economies and presents an additional barrier to the realization of a mature market economy and modern polity.展开更多
文摘Two rounds of leveraging-up have led to a high debt ratio in the Chinese economy, triggered liquidity mismatch and increased systemic financial risks. The key causes of local government liabilities are soft budget constraints and non-market-based factor allocation. Currently, the risks of local government liabilities are generally controllable. This paper concludes that the long-term solution to managing local government liabilities is to enhance budget constraint and institutional assurance and proposes countermeasures in the reform of urban construction investment and ftnancing mechanisms.
文摘Started with the discussions on the value orientation of urban water supply industry marketization,the article points out that the current urban water supply industry marketization reform is inconsistent with the goal of public water service equalization to some extent.The article also analyzes the problems emerged in urban water supply industry marketization reform and various rea-sons in view of efficiency and fairness.An efficiency and fairness oriented management model is built in this article to illustrate how the government should conciliate interests of various communities involved in the process of marketization reform of the urban water supply industry so as to actualize the coordination of efficiency and fairness.At the end,an assumption on urban water price is put forward to help achieve the public water service equalization.
文摘Acoustic climate of a given area ought to be a factor of considerable significance in investment processes in an urbanized area, especially in a residential real estate market, due to its extensive influence on the living standards of its inhabitants. In the following article, the authors have given an analysis of the residential market of housing units located in areas of acceptable and excessive noise levels in preselected regions of Poland. With this end in view, an entirely new source of information has been used in the research--an acoustic map which has been defined and applied to produce the outcome of the analysis. It allowed for the recognition of whether or not the noise level influences decisions made by investors existing in a local residential real estate market.
文摘With the rapid developmem of new urbanization, a number of micro creative space has emerged in China. The micro creative space of Gongshu District in Hangzhou has experienced a rapid and mixed development. Considering the existing problems of those space, the following measures can help those space realize an organic urban growth： arranging the layout comprehensively, optimizing industrial agglomeration, improving the planning management quality and optimizing public platform serx, ice support. The good development of micro creative garden can promote the full flow of creative element, so as to accelerate city economic structure transformation, increase city space efficiency and promote the city innovation development.
文摘Labor shortage and the rise of wages in China have generated heated debate on the arrival of the Lewisian Turning Point. Based on an empirical study of macroeconomic data for 284 prefecture-level cities, this paper argues that the dual economy transition in China involves the coexistence of urbanization, industrialization and open economy. However, China has not yet arrived at the Lewisian Turning Point, because wage gaps between different industries and regions still exist and surplus labor is still being attracted to the labor-intensive manufacturing and tertiary industries in the eastern provinces. External economic shock and the mismatch between industrialization and urbanization are the primary causes of the coexistence of labor surplus and labor shortage.
文摘Toadies cities are accumulating the global population in their territories, occurring formally and informally. The increase of urban informality is the most significant trend shaping the 21st century world. Furthermore, the urban informality ＂theory＂ should be considered in urbanization courses and development studies. With the rapid economic market development, changes mapped the major Syrian cities. Damascus is in the midst of a profound transformation of architectural and planning changes. Damascus urbanization is crowded simultaneously with informal settlements. In consequence, a detonation of urban sprawl placing random districts and informal settlements around the city （elmokhalafat ＆ elmanatiq elashwaiya） Damascus urban informality is a way of supplying shelters and houses as a fundamental human need. The study hereby high-lights the informal phenomenon and its effects on the city at present through analytical study showing solutions and asking questions, and, finally, deals with informality in an urbanized way with self-help constructs and upgrades to aid the low income and urban poor.
文摘The East Asian development model ascribes an interventionist role to a state which uses regulations to govern the market in the early stages of devdopment. Many scholars have ascribed this role to the Chinese state in the post- planning era. However, a major difference between China and other East Asian economies is the massive size of China＇s population. In Japan, South Korea, Taiwan, and Singapore, the role of the state governing labor marl^ets and labor transfers from rural to urban areas has not been considered central to their development model. In China, the size of its rural population has led the Chinese state to take a more proactive approach to governing the labor market and the urbanization process by using the hukou system to institutionalize a temporary laboring class, to guide urbanization to low population density areas and to create competitive residency schemes in desirable urban areas. Such a developmental function differs considerably to the role of the state during the early development of East Asian economies and presents an additional barrier to the realization of a mature market economy and modern polity.
