Nowadays, African cities are subjected to upsets which result from the extraordinary growth of urban populations. The growth of the population of cities has induced some changes in the structure of the activity of tho...Nowadays, African cities are subjected to upsets which result from the extraordinary growth of urban populations. The growth of the population of cities has induced some changes in the structure of the activity of those cities. Agriculture which was formerly confined to the countryside henceforth develops in the urban area and occupies a preponderant place as a strategy of survival, of insertion and of food supplying of the city-dwellers. It has become an activity integrated to the urban tissue through systems of occupying and exploitation of land in the urban area. Population growth (4.81%) between 2002 and 2013 is a critical poverty rate (65%) of the population of Parakou city, entailing a misery perceptible in all its social and economic dimensions. The market-gardening activity has integrated itself to the urban tissue. The objective of this study is to understand how urban agriculture through market-gardening can be a solution for rural farmers who have moved to Parakou city. In this study, documentary research, interviews and field observation are used for data collection. The main results to be signaled among others are: evolution and status of the market-gardening areas in Parakou, the reduction of food insecurity with the permanent availability in quantity and in quality of market-gardening products accessible to the population: the protection of the environment through the drainage of the urban area and the preservation of the diversity of vegetables;the increase of the income of the households of the farmers and the creation of employments.展开更多
In 70 years since the founding of the People’s Republic of China,China has successfully transitioned from a closed economy to an open economy with the watershed year of reform and opening up in 1978 and modernized it...In 70 years since the founding of the People’s Republic of China,China has successfully transitioned from a closed economy to an open economy with the watershed year of reform and opening up in 1978 and modernized its social security system accordingly.This paper divides the transition of China’s social security system into seven stages before and after 1978.The traditional social security system was predicated on the dominant public ownership,a highly centralized economy,and“full employment.”It was congruous with the ownership structure,income distribution,and labor systems under the closed economy.The modern social security system is developed to meet the needs of an open economy and promotes economic development by giving play to consumption and investment,facilitating labor flow,and boosting productivity.The modern social security system requires further supply-side structural reforms to promote the high-quality development of the open economy.展开更多
Reasonable income distribution and eradication of rural poverty are vital for building a moderately prosperous society in all respects in China.This paper primarily examines the income distribution and poverty reducti...Reasonable income distribution and eradication of rural poverty are vital for building a moderately prosperous society in all respects in China.This paper primarily examines the income distribution and poverty reduction effects of social security spending.Market income and redistribution policies are two determinants of income gaps.Based on CHIP2018 household survey data,we find that inadequate income redistribution policies have contributed to yawning income gaps,and that social security spending is more redistributive than personal income tax and social security contributions.After estimating the redistribution effects of social security spending and itemized incomes,we find that pension payments have contributed the most to household income gaps,and that subsistence protection and rural pension payments help improve income distribution.With respect to the poverty reduction effects of social security spending,we have estimated China’s current poverty incidence and the poverty reduction effects of pension payments,healthcare,and educational allowances with CHIP2018 data,and discover that an increase in social security spending may effectively reduce rural poverty.In building a moderately prosperous society in all respects,China should increase social security spending,focusing on specific target groups,and promote the role of social security spending in regulating income distribution and offering social protection to rural residents.展开更多
The paper analyzes the theory and application of Markowitz Mean-Variance Model and CAPM model. Firstly, it explains the development process and standpoints of two models and deduces the whole process in detail. Then 3...The paper analyzes the theory and application of Markowitz Mean-Variance Model and CAPM model. Firstly, it explains the development process and standpoints of two models and deduces the whole process in detail. Then 30 stocks are choosen from Shangzheng 50 stocks and are testified whether the prices of Shanghai stocks conform to the two models. With the technique of time series and panel data analysis, the research on the stock risk and effective portfolio by ORIGIN and MATLAB software is conducted. The result shows that Shanghai stock market conforms to Markowitz Mean-Variance Model to a certain extent and can give investors reliable suggestion to gain higher return, but there is no positive relation between system risk and profit ratio and CAPM doesn't function well in China's security market.展开更多
This paper analyzed the institutional deficiencies inherent in China's social security system based on a dissection of various social security fund violations. It holds that the unscientific design in social secur...This paper analyzed the institutional deficiencies inherent in China's social security system based on a dissection of various social security fund violations. It holds that the unscientific design in social security system is the root cause for social security fund violations, which is reflected in low level of social security unification, irrational investment system and legislative loopholes etc. Currently, China's social security funds are facing risks in management and in system; The key of risk control lies in the reforming of the overall framework of social security system through the following aspects: 1) readjust the unified account system structure to raise the level of unification; 2) reform funds investment system to boost ROI; 3) speeding up legislative to regulate the administrative costs and the behaviors of its entities.展开更多
The experiments of large consumers direct power trading is conducting in china nationwide, and it’s important to the reform of electricity market. To compensated efficiencies in security correction of large consumers...The experiments of large consumers direct power trading is conducting in china nationwide, and it’s important to the reform of electricity market. To compensated efficiencies in security correction of large consumers direct power trading, a novel security correction method based on DC power transfer distribution factor was proposed. Using the presented method to comply security correction, all the transactions that satisfy the specific requirements of maximizing social welfare are able to enter security correction process, and when the power of transmission line is out of limit, this method avoid the transaction which causes this problem is abandoned directly by introducing supplement transactions. The simulation has shown that the proposed security correction method of large consumers direct power trading based on DC power transfer distribution factor is effective.展开更多
The article discusses the determinant factor of the function of the securities market at first and then proposes that the basic factor is the inherent need of social economic operation and development process itself. ...The article discusses the determinant factor of the function of the securities market at first and then proposes that the basic factor is the inherent need of social economic operation and development process itself. In addition, the primary factor of mature securities market is perfect and integrated function of the securities market. Afterwards, the article analyses the static and dynamic function of the securities market. At last, it probes into the government role in the securities market briefly and proposes that China needs to carry out the essential change on government role, market function location, development goal and the mode of securities market if the function of China's securities market is to be exerted properly.展开更多
Investments in the exploitation of the continent’s raw material reserves have resulted in little (positive) impact on the energy security situation within Africa. This paper attempts to explore factors influencing th...Investments in the exploitation of the continent’s raw material reserves have resulted in little (positive) impact on the energy security situation within Africa. This paper attempts to explore factors influencing the level of energy security of Small Medium Enterprises (SMEs) in the Greater Accra Region of Ghana, and from the dimension of availability, affordability, economic efficiency and environmental stewardship or sustainability of energy. The cross-sectional survey design was employed as the design for the collection and analysis of data. The study applied a quantitative research method in examining the indicators of energy security for SMEs in Accra Metropolis in the Greater Accra Region of Ghana. The population covered about 500 SMEs who have about 100 employees and total revenue of $1 million or the equivalence in Ghana Cedis. A sample of 246 was selected through a cluster and simple random sampling. The analysis adopted statistical techniques to conduct descriptive, exploratory and inferential analysis of the data collected. Factors that influence the level of energy security of SMEs are broadly categorized into the environment and economic change, political factors, physical disruptions and market conditions. Ge- nerally, the level of energy security under the availability dimension is medium among the SMEs. Issues of affordability, economic efficiency and environmental stewardship provide high medium interventions on energy security for SMEs. It is recommended that managers of Ghana’s energy sector should ensure prudent management of the country’s energy resources since the disruption of supply lines or sources form the key conditions that influence the energy security level of SMEs. SMEs should adopt energy efficiency measures to ensure that energy is conserved for future use.展开更多
The Chinese securities market has been developing gradually since the introduction of the economic reform and opening to the outside world. In 1981, our government issued national bonds in a bid to relieve the financi...The Chinese securities market has been developing gradually since the introduction of the economic reform and opening to the outside world. In 1981, our government issued national bonds in a bid to relieve the financial pressure. During the five years of 1981-1985, our country accumulated negotiable securities of RMB24.2 billion, mainly national bonds, accOunting for 97.9 percent of the total. Since 1986, the securities market has been developing towards diversification, along with increasing varieties. From 1986 to 1990,展开更多
At the present stage,with the continuous development of social economy and science and technology,China's financial and securities industry has gradually developed.As an important part of China's socialist eco...At the present stage,with the continuous development of social economy and science and technology,China's financial and securities industry has gradually developed.As an important part of China's socialist economic market,including the financial and securities industry,therefore,to a certain extent,the development of the financial securities industry has promoted the prosperity and development of China's economy.In other words,strengthening the management of financial securities market regulation can promote the sustainable development of the securities industry,thereby promoting the rapid development of China's economy.This paper mainly discusses and expounds some problems existing in the current process of financial securities market regulation,and proposes solutions to it,hoping to be helpful to the financial securities industry.展开更多
This paper deals with the security of stock market transactions within financial markets, particularly that of the West African Economic and Monetary Union (UEMOA). The confidentiality and integrity of sensitive data ...This paper deals with the security of stock market transactions within financial markets, particularly that of the West African Economic and Monetary Union (UEMOA). The confidentiality and integrity of sensitive data in the stock market being crucial, the implementation of robust systems which guarantee trust between the different actors is essential. We therefore proposed, after analyzing the limits of several security approaches in the literature, an architecture based on blockchain technology making it possible to both identify and reduce the vulnerabilities linked to the design, implementation work or the use of web applications used for transactions. Our proposal makes it possible, thanks to two-factor authentication via the Blockchain, to strengthen the security of investors’ accounts and the automated recording of transactions in the Blockchain while guaranteeing the integrity of stock market operations. It also provides an application vulnerability report. To validate our approach, we compared our results to those of three other security tools, at the level of different metrics. Our approach achieved the best performance in each case.展开更多
文摘Nowadays, African cities are subjected to upsets which result from the extraordinary growth of urban populations. The growth of the population of cities has induced some changes in the structure of the activity of those cities. Agriculture which was formerly confined to the countryside henceforth develops in the urban area and occupies a preponderant place as a strategy of survival, of insertion and of food supplying of the city-dwellers. It has become an activity integrated to the urban tissue through systems of occupying and exploitation of land in the urban area. Population growth (4.81%) between 2002 and 2013 is a critical poverty rate (65%) of the population of Parakou city, entailing a misery perceptible in all its social and economic dimensions. The market-gardening activity has integrated itself to the urban tissue. The objective of this study is to understand how urban agriculture through market-gardening can be a solution for rural farmers who have moved to Parakou city. In this study, documentary research, interviews and field observation are used for data collection. The main results to be signaled among others are: evolution and status of the market-gardening areas in Parakou, the reduction of food insecurity with the permanent availability in quantity and in quality of market-gardening products accessible to the population: the protection of the environment through the drainage of the urban area and the preservation of the diversity of vegetables;the increase of the income of the households of the farmers and the creation of employments.
文摘In 70 years since the founding of the People’s Republic of China,China has successfully transitioned from a closed economy to an open economy with the watershed year of reform and opening up in 1978 and modernized its social security system accordingly.This paper divides the transition of China’s social security system into seven stages before and after 1978.The traditional social security system was predicated on the dominant public ownership,a highly centralized economy,and“full employment.”It was congruous with the ownership structure,income distribution,and labor systems under the closed economy.The modern social security system is developed to meet the needs of an open economy and promotes economic development by giving play to consumption and investment,facilitating labor flow,and boosting productivity.The modern social security system requires further supply-side structural reforms to promote the high-quality development of the open economy.
文摘Reasonable income distribution and eradication of rural poverty are vital for building a moderately prosperous society in all respects in China.This paper primarily examines the income distribution and poverty reduction effects of social security spending.Market income and redistribution policies are two determinants of income gaps.Based on CHIP2018 household survey data,we find that inadequate income redistribution policies have contributed to yawning income gaps,and that social security spending is more redistributive than personal income tax and social security contributions.After estimating the redistribution effects of social security spending and itemized incomes,we find that pension payments have contributed the most to household income gaps,and that subsistence protection and rural pension payments help improve income distribution.With respect to the poverty reduction effects of social security spending,we have estimated China’s current poverty incidence and the poverty reduction effects of pension payments,healthcare,and educational allowances with CHIP2018 data,and discover that an increase in social security spending may effectively reduce rural poverty.In building a moderately prosperous society in all respects,China should increase social security spending,focusing on specific target groups,and promote the role of social security spending in regulating income distribution and offering social protection to rural residents.
基金Supported by Zhejiang Provincial Natural Science Foundation (Y604137)Student Research Training Program in Zhejiang University
文摘The paper analyzes the theory and application of Markowitz Mean-Variance Model and CAPM model. Firstly, it explains the development process and standpoints of two models and deduces the whole process in detail. Then 30 stocks are choosen from Shangzheng 50 stocks and are testified whether the prices of Shanghai stocks conform to the two models. With the technique of time series and panel data analysis, the research on the stock risk and effective portfolio by ORIGIN and MATLAB software is conducted. The result shows that Shanghai stock market conforms to Markowitz Mean-Variance Model to a certain extent and can give investors reliable suggestion to gain higher return, but there is no positive relation between system risk and profit ratio and CAPM doesn't function well in China's security market.
文摘This paper analyzed the institutional deficiencies inherent in China's social security system based on a dissection of various social security fund violations. It holds that the unscientific design in social security system is the root cause for social security fund violations, which is reflected in low level of social security unification, irrational investment system and legislative loopholes etc. Currently, China's social security funds are facing risks in management and in system; The key of risk control lies in the reforming of the overall framework of social security system through the following aspects: 1) readjust the unified account system structure to raise the level of unification; 2) reform funds investment system to boost ROI; 3) speeding up legislative to regulate the administrative costs and the behaviors of its entities.
文摘The experiments of large consumers direct power trading is conducting in china nationwide, and it’s important to the reform of electricity market. To compensated efficiencies in security correction of large consumers direct power trading, a novel security correction method based on DC power transfer distribution factor was proposed. Using the presented method to comply security correction, all the transactions that satisfy the specific requirements of maximizing social welfare are able to enter security correction process, and when the power of transmission line is out of limit, this method avoid the transaction which causes this problem is abandoned directly by introducing supplement transactions. The simulation has shown that the proposed security correction method of large consumers direct power trading based on DC power transfer distribution factor is effective.
文摘The article discusses the determinant factor of the function of the securities market at first and then proposes that the basic factor is the inherent need of social economic operation and development process itself. In addition, the primary factor of mature securities market is perfect and integrated function of the securities market. Afterwards, the article analyses the static and dynamic function of the securities market. At last, it probes into the government role in the securities market briefly and proposes that China needs to carry out the essential change on government role, market function location, development goal and the mode of securities market if the function of China's securities market is to be exerted properly.
文摘Investments in the exploitation of the continent’s raw material reserves have resulted in little (positive) impact on the energy security situation within Africa. This paper attempts to explore factors influencing the level of energy security of Small Medium Enterprises (SMEs) in the Greater Accra Region of Ghana, and from the dimension of availability, affordability, economic efficiency and environmental stewardship or sustainability of energy. The cross-sectional survey design was employed as the design for the collection and analysis of data. The study applied a quantitative research method in examining the indicators of energy security for SMEs in Accra Metropolis in the Greater Accra Region of Ghana. The population covered about 500 SMEs who have about 100 employees and total revenue of $1 million or the equivalence in Ghana Cedis. A sample of 246 was selected through a cluster and simple random sampling. The analysis adopted statistical techniques to conduct descriptive, exploratory and inferential analysis of the data collected. Factors that influence the level of energy security of SMEs are broadly categorized into the environment and economic change, political factors, physical disruptions and market conditions. Ge- nerally, the level of energy security under the availability dimension is medium among the SMEs. Issues of affordability, economic efficiency and environmental stewardship provide high medium interventions on energy security for SMEs. It is recommended that managers of Ghana’s energy sector should ensure prudent management of the country’s energy resources since the disruption of supply lines or sources form the key conditions that influence the energy security level of SMEs. SMEs should adopt energy efficiency measures to ensure that energy is conserved for future use.
文摘The Chinese securities market has been developing gradually since the introduction of the economic reform and opening to the outside world. In 1981, our government issued national bonds in a bid to relieve the financial pressure. During the five years of 1981-1985, our country accumulated negotiable securities of RMB24.2 billion, mainly national bonds, accOunting for 97.9 percent of the total. Since 1986, the securities market has been developing towards diversification, along with increasing varieties. From 1986 to 1990,
文摘At the present stage,with the continuous development of social economy and science and technology,China's financial and securities industry has gradually developed.As an important part of China's socialist economic market,including the financial and securities industry,therefore,to a certain extent,the development of the financial securities industry has promoted the prosperity and development of China's economy.In other words,strengthening the management of financial securities market regulation can promote the sustainable development of the securities industry,thereby promoting the rapid development of China's economy.This paper mainly discusses and expounds some problems existing in the current process of financial securities market regulation,and proposes solutions to it,hoping to be helpful to the financial securities industry.
文摘This paper deals with the security of stock market transactions within financial markets, particularly that of the West African Economic and Monetary Union (UEMOA). The confidentiality and integrity of sensitive data in the stock market being crucial, the implementation of robust systems which guarantee trust between the different actors is essential. We therefore proposed, after analyzing the limits of several security approaches in the literature, an architecture based on blockchain technology making it possible to both identify and reduce the vulnerabilities linked to the design, implementation work or the use of web applications used for transactions. Our proposal makes it possible, thanks to two-factor authentication via the Blockchain, to strengthen the security of investors’ accounts and the automated recording of transactions in the Blockchain while guaranteeing the integrity of stock market operations. It also provides an application vulnerability report. To validate our approach, we compared our results to those of three other security tools, at the level of different metrics. Our approach achieved the best performance in each case.