If we use one phrase to generalize the world’s real economy in 2011, the most appropriate one might be the sovereign debt crisis.As this crisis is going on,some European countries still have an extremely high debt-to...If we use one phrase to generalize the world’s real economy in 2011, the most appropriate one might be the sovereign debt crisis.As this crisis is going on,some European countries still have an extremely high debt-to-GDP ratio,which has hit 159% in Greece,120%in Italy and exceeded 100%in Portugal,Ireland and Spain. Even in some better-off countries展开更多
This paper uses survey data regarding native Sichuan entrepreneurs who have developed businesses outside of Sichuan Province and then returned,along with their organizations,to Sichuan.Our goal was to identify and exa...This paper uses survey data regarding native Sichuan entrepreneurs who have developed businesses outside of Sichuan Province and then returned,along with their organizations,to Sichuan.Our goal was to identify and examine the factors influencing their entrepreneurial performance by using SEM-PLS.The results show that policy support,social relations and entrepreneurial self-efficacy have significant roles in entrepreneurial performance.No direct influence from the cultural or market environments was detected.Therefore,this study indicates that for entrepreneurs returning to their hometown the government should provide social and financial support for small and micro sized entrepreneurial ventures while the entrepreneurs should constantly strengthen their entrepreneurial selfefficacy by obtaining information through cultivated social relationships and market opportunities that will allow them to enhance their entrepreneurial performance.展开更多
Since the outbreak of the global financial crisis,doubt has been cast upon the dollar-centered international currency regime,and there have been calls for reform.Chinese economists have begun to deliberate the role of...Since the outbreak of the global financial crisis,doubt has been cast upon the dollar-centered international currency regime,and there have been calls for reform.Chinese economists have begun to deliberate the role of the renminbi in the future international currency system.Having surveyed papers and articles of the past two to three years,we find that most favor internationalization of the renminbi,though some are against it or remain skeptical.For the time being,the ultimate role of the renminbi in the future global currency system is highly path-dependent.展开更多
The Chinese miracle refers to China’s extraordinary decisions and achievements during its reform and opening up.This is reflected in both process and results.Logically,understanding the Chinese miracle requires answe...The Chinese miracle refers to China’s extraordinary decisions and achievements during its reform and opening up.This is reflected in both process and results.Logically,understanding the Chinese miracle requires answering at least three questions.First,what are the main examples of the Chinese miracle?Second,what are the attributes of the Chinese miracle?Third,is the Chinese miracle sustainable?and what are the challenges to its sustainability?What methods can be used to objectively evaluate the continuity of the Chinese miracle?展开更多
文摘If we use one phrase to generalize the world’s real economy in 2011, the most appropriate one might be the sovereign debt crisis.As this crisis is going on,some European countries still have an extremely high debt-to-GDP ratio,which has hit 159% in Greece,120%in Italy and exceeded 100%in Portugal,Ireland and Spain. Even in some better-off countries
文摘This paper uses survey data regarding native Sichuan entrepreneurs who have developed businesses outside of Sichuan Province and then returned,along with their organizations,to Sichuan.Our goal was to identify and examine the factors influencing their entrepreneurial performance by using SEM-PLS.The results show that policy support,social relations and entrepreneurial self-efficacy have significant roles in entrepreneurial performance.No direct influence from the cultural or market environments was detected.Therefore,this study indicates that for entrepreneurs returning to their hometown the government should provide social and financial support for small and micro sized entrepreneurial ventures while the entrepreneurs should constantly strengthen their entrepreneurial selfefficacy by obtaining information through cultivated social relationships and market opportunities that will allow them to enhance their entrepreneurial performance.
文摘Since the outbreak of the global financial crisis,doubt has been cast upon the dollar-centered international currency regime,and there have been calls for reform.Chinese economists have begun to deliberate the role of the renminbi in the future international currency system.Having surveyed papers and articles of the past two to three years,we find that most favor internationalization of the renminbi,though some are against it or remain skeptical.For the time being,the ultimate role of the renminbi in the future global currency system is highly path-dependent.
文摘The Chinese miracle refers to China’s extraordinary decisions and achievements during its reform and opening up.This is reflected in both process and results.Logically,understanding the Chinese miracle requires answering at least three questions.First,what are the main examples of the Chinese miracle?Second,what are the attributes of the Chinese miracle?Third,is the Chinese miracle sustainable?and what are the challenges to its sustainability?What methods can be used to objectively evaluate the continuity of the Chinese miracle?