随着经济全球化的深入和我国市场经济改革的深化，我国对外直接投资（Foreign Direct Investment，简称FDI）已经进人快速发展的时期，我国已成为全球重要的对外直接投资者。根据国家统计局发布的数字，2011年，我国对外直接投资净额（...随着经济全球化的深入和我国市场经济改革的深化，我国对外直接投资（Foreign Direct Investment，简称FDI）已经进人快速发展的时期，我国已成为全球重要的对外直接投资者。根据国家统计局发布的数字，2011年，我国对外直接投资净额（流量）10年来持续增长，2011年达到746．5亿美元，同比增长8．5％，名列全球第六位，其中80％流向发展中国家。我国对发展中国家的对外直接投资主要包括能源矿产投资、大型基础设施建设投资以及金融服务业投资。展开更多
Earthquake disaster risk,as a typical social disaster risk,is one of the most important risks in modern Chinese society.This study gives definitions of the institution,describes the formation history,the connotations ...Earthquake disaster risk,as a typical social disaster risk,is one of the most important risks in modern Chinese society.This study gives definitions of the institution,describes the formation history,the connotations and development and analyzes its role in the control of major social risks caused by earthquakes.Finally,the paper presents recommendations for continuous improvement of this institution under the guidance of risk society theory,and for its application to the government reform and social governance.展开更多
Joint loan guarantee contracts and mutual guarantee contracts among SMEs form the basis of SME guarantee networks. The expansion of these networks increases the fragility of a financial system as a result of the regio...Joint loan guarantee contracts and mutual guarantee contracts among SMEs form the basis of SME guarantee networks. The expansion of these networks increases the fragility of a financial system as a result of the regional and industrial risk contagion embedded within them. By providing a theoretical framework of a loan guarantee network, a method is proposed for calculating the amount of risk spillover caused by loan guarantees taking the perspective of the entire network. In addition,the route of risk contagion in guarantee networks is analyzed, revealing that when default risk shocks occur, risk contagion travels along the nodes not once but for several rounds and that the risk control of one firm cannot prevent these systemic risks. Therefore, a risk control scheme is designed based on the location and importance of firms in the network. Using data from a real guarantee network,we demonstrate that identifying the node locations of firms' in the guarantee network(including the coritivity and closeness of the firm) can help in understanding risk contagion mechanisms and preventing systemic credit risk before a crisis occurs.展开更多
文摘随着经济全球化的深入和我国市场经济改革的深化，我国对外直接投资（Foreign Direct Investment，简称FDI）已经进人快速发展的时期，我国已成为全球重要的对外直接投资者。根据国家统计局发布的数字，2011年，我国对外直接投资净额（流量）10年来持续增长，2011年达到746．5亿美元，同比增长8．5％，名列全球第六位，其中80％流向发展中国家。我国对发展中国家的对外直接投资主要包括能源矿产投资、大型基础设施建设投资以及金融服务业投资。
基金sponsored by the National Social Science Fund of China "Research on the Status,Efficiencies and the Policy on the National Significant Seismic Monitoring and Protection Regions"(11&ZD054)
文摘Earthquake disaster risk,as a typical social disaster risk,is one of the most important risks in modern Chinese society.This study gives definitions of the institution,describes the formation history,the connotations and development and analyzes its role in the control of major social risks caused by earthquakes.Finally,the paper presents recommendations for continuous improvement of this institution under the guidance of risk society theory,and for its application to the government reform and social governance.
基金supported by the National Nature Science Foundation of China under Grant Nos.71172186,71472148,71572144 and 71502138
文摘Joint loan guarantee contracts and mutual guarantee contracts among SMEs form the basis of SME guarantee networks. The expansion of these networks increases the fragility of a financial system as a result of the regional and industrial risk contagion embedded within them. By providing a theoretical framework of a loan guarantee network, a method is proposed for calculating the amount of risk spillover caused by loan guarantees taking the perspective of the entire network. In addition,the route of risk contagion in guarantee networks is analyzed, revealing that when default risk shocks occur, risk contagion travels along the nodes not once but for several rounds and that the risk control of one firm cannot prevent these systemic risks. Therefore, a risk control scheme is designed based on the location and importance of firms in the network. Using data from a real guarantee network,we demonstrate that identifying the node locations of firms' in the guarantee network(including the coritivity and closeness of the firm) can help in understanding risk contagion mechanisms and preventing systemic credit risk before a crisis occurs.
