Since the Crimean crisis, the US has continuously tightened financial sanctions on Russia. In the short term, this doesn't appear to be working very effectively, but in the long run, it has indeed had an irreversi...Since the Crimean crisis, the US has continuously tightened financial sanctions on Russia. In the short term, this doesn't appear to be working very effectively, but in the long run, it has indeed had an irreversible impact on the Russian economy. Though the US has repeatedly upgraded its sanction plans, four puzzles have long remained unsolved: appropriate sanctions have avoided a humanitarian crisis, but raised moral dilemmas; actual enforcement of sanctions is getting more and more difficult; EU cooperation with the US is vital, but the two regions more often than not play different tunes; and the frequent use of sanctions weakens US legitimacy and integrity, leading to a degradation of the sanction mechanism. Sanctions have continued to be implemented since President Trump took office, but with some new adjustments.展开更多
This paper tries to explain how China can keep domestic stability under both socialist government and rapid capitalist economic growth. By tracing China＇s reform experience and comparing it with the mainstream reform...This paper tries to explain how China can keep domestic stability under both socialist government and rapid capitalist economic growth. By tracing China＇s reform experience and comparing it with the mainstream reform strategies, the paper argues that, first, Chin＇s reform strategy is fundamentally different from the conventional reform strategies; second, China＇s success to a large extent is the result of Chinese leaders＇ decision making and careful management over reform process rather than of simply market force. Finally, the paper suggests that the active role the Chinese Communist Party plays in economic reform grants its legitimacy, thus enabling it to enjoy political stability under long term rapid economic and social transition.展开更多
文摘Since the Crimean crisis, the US has continuously tightened financial sanctions on Russia. In the short term, this doesn't appear to be working very effectively, but in the long run, it has indeed had an irreversible impact on the Russian economy. Though the US has repeatedly upgraded its sanction plans, four puzzles have long remained unsolved: appropriate sanctions have avoided a humanitarian crisis, but raised moral dilemmas; actual enforcement of sanctions is getting more and more difficult; EU cooperation with the US is vital, but the two regions more often than not play different tunes; and the frequent use of sanctions weakens US legitimacy and integrity, leading to a degradation of the sanction mechanism. Sanctions have continued to be implemented since President Trump took office, but with some new adjustments.
文摘This paper tries to explain how China can keep domestic stability under both socialist government and rapid capitalist economic growth. By tracing China＇s reform experience and comparing it with the mainstream reform strategies, the paper argues that, first, Chin＇s reform strategy is fundamentally different from the conventional reform strategies; second, China＇s success to a large extent is the result of Chinese leaders＇ decision making and careful management over reform process rather than of simply market force. Finally, the paper suggests that the active role the Chinese Communist Party plays in economic reform grants its legitimacy, thus enabling it to enjoy political stability under long term rapid economic and social transition.
