This paper carries out empirical analysis of the ration behavior of rural credit cooperatives in less developed regions in providing loan services to rural households. It also inspects the interaction between rural ho...This paper carries out empirical analysis of the ration behavior of rural credit cooperatives in less developed regions in providing loan services to rural households. It also inspects the interaction between rural households＇ demand for credit and the loan supply from rural credit cooperatives with simultaneous discrete model. The performance of supporting agriculture through a new round reform of rural credit cooperatives is doubtable in this sample region.展开更多
The purpose of this paper is to investigate the political ideals of Sakae Osugi. Osugi argued that it was possible to establish a ＂society of mutual aid＂ based on the principle of ＂expansion of life＂. In his view,...The purpose of this paper is to investigate the political ideals of Sakae Osugi. Osugi argued that it was possible to establish a ＂society of mutual aid＂ based on the principle of ＂expansion of life＂. In his view, the hierarchy meant fixing the boundary and every boundary was an expression and exercise of power. That explains why anarchism is a perpetual movement which attempts to transcend every boundary forming the hierarchy. Osugi aimed at a free and diversified federal society where life is expanded. Osugi＇s influence stemmed from his articulation of the basic concerns of his generation. That generation confronted difficulties of a different order from those faced by the Meiji leadership. Osugi was attracted to the problem presented by the emerging masses： How could they be incorporated into society？ His reply to this question was ＂mutual aid＂. This paper focuses on the relation between both notions of freedom and society and analyzes it throwing a light on the principle of ＂expansion of life＂ in Osugi＇s anarchism. Similarly to his contemporaries, it might be helpful to enquire into that principle, in a way that is beneficial to the relation between freedom and society.展开更多
Tensions between Western and Islamic traditions are very fierce in evidence currently. Many see the two systems as irreconcilable and the conflict between the two as inevitable （Huntingdon ＆ Berger, 2002）. This pap...Tensions between Western and Islamic traditions are very fierce in evidence currently. Many see the two systems as irreconcilable and the conflict between the two as inevitable （Huntingdon ＆ Berger, 2002）. This paper argues if reconcilability between Islam and the West exists in the field of finance and if the two systems can co-evolve in a mutually productive way, then, the author can be optimistic about the ability of the two systems to co-exist. Clearly, they involve different attitudes, but this paper argues on the basis of significant compatibility issues that these are resolvable under the tradition of tolerance that has existed in Western and Islamic societies. The context chosen for this analysis is finance which is central to global capitalism and is an area in which key differences of principle and practice exist between Islam and the West.展开更多
With the measurement of dividend payout ratio, logistic regression index value and the firm size financing constraints, this paper investigated the investment behavior of China’s manufacturing firms over the period f...With the measurement of dividend payout ratio, logistic regression index value and the firm size financing constraints, this paper investigated the investment behavior of China’s manufacturing firms over the period from 1998 to 2003, and the relationship between financing constraints and corporate investment using the OLS regression method. The empirical evidence shows that there are certain extent financing constraints in China’s manufacturing firms, but the results are different with different variables to measure the financing constraints.展开更多
A new genetic algorithm for community detection in complex networks was proposed. It adopts matrix encoding that enables traditional crossover between individuals. Initial populations are generated using nodes similar...A new genetic algorithm for community detection in complex networks was proposed. It adopts matrix encoding that enables traditional crossover between individuals. Initial populations are generated using nodes similarity, which enhances the diversity of initial individuals while retaining an acceptable level of accuracy, and improves the efficiency of optimal solution search. Individual crossover is based on the quality of individuals' genes; all nodes unassigned to any community are grouped into a new community, while ambiguously placed nodes are assigned to the community to which most of their neighbors belong. Individual mutation, which splits a gene into two new genes or randomly fuses it into other genes, is non-uniform. The simplicity and effectiveness of the algorithm are revealed in experimental tests using artificial random networks and real networks. The accuracy of the algorithm is superior to that of some classic algorithms, and is comparable to that of some recent high-precision algorithms.展开更多
China＇s mini-stimulus policy is justi^ed for some proven effects on economic stabilization. However, the policy should not be used on regular, long-term base. Mini- stimulus economic policy is still essentially inves...China＇s mini-stimulus policy is justi^ed for some proven effects on economic stabilization. However, the policy should not be used on regular, long-term base. Mini- stimulus economic policy is still essentially investment-driven and by nature no different from the four trillion yuan stimulus package introduced in the aftermath of the global financial crisis of 2008. The policy strength of mini-stimulus packages the Chinese government resorted to has already accumulated to ascend to quite an extent. Further, ministimulus policy cannot stabilize growth and promote economic restructuring simultaneously. In fact, its effects on restructuring are short-term and may even be negative. Additionally, the diminishing potency of China＇s mini-stimulus policy efforts may force the government to resort to another hefty stimulus package with severe side effects. In the final analysis, it is social policy not economic stimuli that will help the Chinese economy achieve a soft landing.展开更多
The propose of ＂four new＂ economy is to undertake innovation-driven transformation of Shanghai, promote the development of strategic emerging industries and transform and upgrade of manufacturing. In the following y...The propose of ＂four new＂ economy is to undertake innovation-driven transformation of Shanghai, promote the development of strategic emerging industries and transform and upgrade of manufacturing. In the following years, Shanghai will focus on the capture of key technologies, promoting the transformation of technology, expanding market demand, improving the development of the carrier, encouraging and supporting enterprises, financial institutions and social capital to increase the investment and use of＂four new＂ economy, to promote the ＂four new＂ economy gradually grow and develop. With the ＂four new＂ economy＇s development and growth, its service model should be changed too. On the basis of theory and practice, the text proposes three forms of innovative services models and relate recommendations to promote it.展开更多
The development of small and micro-sized enterprises is of vital significance for the steady and rapid social economy. In recent years, the developing environment for the small and micro-sized enterprises in Hubei pro...The development of small and micro-sized enterprises is of vital significance for the steady and rapid social economy. In recent years, the developing environment for the small and micro-sized enterprises in Hubei province has become increasingly severe, and the problems such as high management cost, high taxes and fees, financing difficulties, and labor shortages of the small and micro-sized enterprises have been more obvious, so that the further development, transformation, and upgrading of the small and micro-sized enterprises are severely restricted. In order to promote the development of the small and micro-sized enterprises, the developing environment for the small and micro-sized enterprises should be further optimized, the tax environment for supporting the development of the small and micro-sized enterprises should be well improved, the financing system should be promoted to be sound, the industrial structure should be actively adjusted, and also the development quality should be increased.展开更多
The cpc＇s 13th Five-Year comprehensive plan put forward a major historic task of building a new socialist countryside. This is the comprehensive implementation of urban and rural development to increase industrial ag...The cpc＇s 13th Five-Year comprehensive plan put forward a major historic task of building a new socialist countryside. This is the comprehensive implementation of urban and rural development to increase industrial agriculture, move the city to support the countryside, accelerate urbanization and narrow the gap between urban and rural areas. To solve the ＂three rural issues＂, the comprehensive construction ofa well-offsociety, has a very important strategic role to ease the contradiction of China＇s rural and urban ecnomic structure. In the process of building a new socialist countryside, the financial policy, as an important means ofmacroeconomic regulation and control, should play a leading role in solving the effective allocation ＆funds. Due to various factors affected by the current supply of rural financial market constraints, system defects and environmental constraints, there is a large gap between the level of the existing rural financial services and the requirements of the new rural construction which is to be improved urgently.展开更多
The new rural construction will involve many fields, such as the upgrade of the industrial structure of agriculture, the impravement of the efficiency in the use of agricultural resources, the increase of farmers＇ in...The new rural construction will involve many fields, such as the upgrade of the industrial structure of agriculture, the impravement of the efficiency in the use of agricultural resources, the increase of farmers＇ income, maintaining sustainable agricultural development, and strengthening the construction of agricultural service system and circulation system.Finance, as the core of modem economy, should serve the new rural construction. However, there are many problems about the financial system in the rural area for a long time. So it is vital to build a good county financial eco-environment to promote the development of county financial systems and give full scope to the supporting function of finance. Only when we solve the problems in rural financial ecology and make clear the government ＇s fanction and activities, the county financial environment can function and be improved. Based on the reality of county economic development and starting from the connotation of county financial ecology, this paper analyzes the status quo of county financial eco-environment, especially the significance of optimizing the county financial eco-environment under the macroscopic background that the country proposed the socialist new rural reconstruction, and proposes the opinions and suggestions to construct and the maintain county financial eco-environment.展开更多
文摘This paper carries out empirical analysis of the ration behavior of rural credit cooperatives in less developed regions in providing loan services to rural households. It also inspects the interaction between rural households＇ demand for credit and the loan supply from rural credit cooperatives with simultaneous discrete model. The performance of supporting agriculture through a new round reform of rural credit cooperatives is doubtable in this sample region.
文摘The purpose of this paper is to investigate the political ideals of Sakae Osugi. Osugi argued that it was possible to establish a ＂society of mutual aid＂ based on the principle of ＂expansion of life＂. In his view, the hierarchy meant fixing the boundary and every boundary was an expression and exercise of power. That explains why anarchism is a perpetual movement which attempts to transcend every boundary forming the hierarchy. Osugi aimed at a free and diversified federal society where life is expanded. Osugi＇s influence stemmed from his articulation of the basic concerns of his generation. That generation confronted difficulties of a different order from those faced by the Meiji leadership. Osugi was attracted to the problem presented by the emerging masses： How could they be incorporated into society？ His reply to this question was ＂mutual aid＂. This paper focuses on the relation between both notions of freedom and society and analyzes it throwing a light on the principle of ＂expansion of life＂ in Osugi＇s anarchism. Similarly to his contemporaries, it might be helpful to enquire into that principle, in a way that is beneficial to the relation between freedom and society.
文摘Tensions between Western and Islamic traditions are very fierce in evidence currently. Many see the two systems as irreconcilable and the conflict between the two as inevitable （Huntingdon ＆ Berger, 2002）. This paper argues if reconcilability between Islam and the West exists in the field of finance and if the two systems can co-evolve in a mutually productive way, then, the author can be optimistic about the ability of the two systems to co-exist. Clearly, they involve different attitudes, but this paper argues on the basis of significant compatibility issues that these are resolvable under the tradition of tolerance that has existed in Western and Islamic societies. The context chosen for this analysis is finance which is central to global capitalism and is an area in which key differences of principle and practice exist between Islam and the West.
基金Funded by the Natural Science Foundation of China (No. 70372041).
文摘With the measurement of dividend payout ratio, logistic regression index value and the firm size financing constraints, this paper investigated the investment behavior of China’s manufacturing firms over the period from 1998 to 2003, and the relationship between financing constraints and corporate investment using the OLS regression method. The empirical evidence shows that there are certain extent financing constraints in China’s manufacturing firms, but the results are different with different variables to measure the financing constraints.
文摘A new genetic algorithm for community detection in complex networks was proposed. It adopts matrix encoding that enables traditional crossover between individuals. Initial populations are generated using nodes similarity, which enhances the diversity of initial individuals while retaining an acceptable level of accuracy, and improves the efficiency of optimal solution search. Individual crossover is based on the quality of individuals' genes; all nodes unassigned to any community are grouped into a new community, while ambiguously placed nodes are assigned to the community to which most of their neighbors belong. Individual mutation, which splits a gene into two new genes or randomly fuses it into other genes, is non-uniform. The simplicity and effectiveness of the algorithm are revealed in experimental tests using artificial random networks and real networks. The accuracy of the algorithm is superior to that of some classic algorithms, and is comparable to that of some recent high-precision algorithms.
文摘China＇s mini-stimulus policy is justi^ed for some proven effects on economic stabilization. However, the policy should not be used on regular, long-term base. Mini- stimulus economic policy is still essentially investment-driven and by nature no different from the four trillion yuan stimulus package introduced in the aftermath of the global financial crisis of 2008. The policy strength of mini-stimulus packages the Chinese government resorted to has already accumulated to ascend to quite an extent. Further, ministimulus policy cannot stabilize growth and promote economic restructuring simultaneously. In fact, its effects on restructuring are short-term and may even be negative. Additionally, the diminishing potency of China＇s mini-stimulus policy efforts may force the government to resort to another hefty stimulus package with severe side effects. In the final analysis, it is social policy not economic stimuli that will help the Chinese economy achieve a soft landing.
文摘The propose of ＂four new＂ economy is to undertake innovation-driven transformation of Shanghai, promote the development of strategic emerging industries and transform and upgrade of manufacturing. In the following years, Shanghai will focus on the capture of key technologies, promoting the transformation of technology, expanding market demand, improving the development of the carrier, encouraging and supporting enterprises, financial institutions and social capital to increase the investment and use of＂four new＂ economy, to promote the ＂four new＂ economy gradually grow and develop. With the ＂four new＂ economy＇s development and growth, its service model should be changed too. On the basis of theory and practice, the text proposes three forms of innovative services models and relate recommendations to promote it.
文摘The development of small and micro-sized enterprises is of vital significance for the steady and rapid social economy. In recent years, the developing environment for the small and micro-sized enterprises in Hubei province has become increasingly severe, and the problems such as high management cost, high taxes and fees, financing difficulties, and labor shortages of the small and micro-sized enterprises have been more obvious, so that the further development, transformation, and upgrading of the small and micro-sized enterprises are severely restricted. In order to promote the development of the small and micro-sized enterprises, the developing environment for the small and micro-sized enterprises should be further optimized, the tax environment for supporting the development of the small and micro-sized enterprises should be well improved, the financing system should be promoted to be sound, the industrial structure should be actively adjusted, and also the development quality should be increased.
文摘The cpc＇s 13th Five-Year comprehensive plan put forward a major historic task of building a new socialist countryside. This is the comprehensive implementation of urban and rural development to increase industrial agriculture, move the city to support the countryside, accelerate urbanization and narrow the gap between urban and rural areas. To solve the ＂three rural issues＂, the comprehensive construction ofa well-offsociety, has a very important strategic role to ease the contradiction of China＇s rural and urban ecnomic structure. In the process of building a new socialist countryside, the financial policy, as an important means ofmacroeconomic regulation and control, should play a leading role in solving the effective allocation ＆funds. Due to various factors affected by the current supply of rural financial market constraints, system defects and environmental constraints, there is a large gap between the level of the existing rural financial services and the requirements of the new rural construction which is to be improved urgently.
文摘The new rural construction will involve many fields, such as the upgrade of the industrial structure of agriculture, the impravement of the efficiency in the use of agricultural resources, the increase of farmers＇ income, maintaining sustainable agricultural development, and strengthening the construction of agricultural service system and circulation system.Finance, as the core of modem economy, should serve the new rural construction. However, there are many problems about the financial system in the rural area for a long time. So it is vital to build a good county financial eco-environment to promote the development of county financial systems and give full scope to the supporting function of finance. Only when we solve the problems in rural financial ecology and make clear the government ＇s fanction and activities, the county financial environment can function and be improved. Based on the reality of county economic development and starting from the connotation of county financial ecology, this paper analyzes the status quo of county financial eco-environment, especially the significance of optimizing the county financial eco-environment under the macroscopic background that the country proposed the socialist new rural reconstruction, and proposes the opinions and suggestions to construct and the maintain county financial eco-environment.
