首都北京高端金融商贸区建设的重大意义与天津滨海新区开发的教训——在2017年中国城市百人论坛上的发言,2017/06/06

本文阐述了“京津冀协同发展规划纲要”对首都北京的定位具有重大意义。在我国,只有首都北京才能建设成为全球性“流”的最大节点之一,全球经济影响与支配中心之一。首都北京的国家最高级的金融商贸中心地位,也是国家经济和安全的重要支柱。首都北京的定位和实现其定位是国家的千年大计,是其他任何大城市所不能替代的。对其高端金融商贸区需要科学规划,本文对此提出了若干建议。天津滨海新区由于功能定位不妥和过大规模的开发,导致了严重的浪费,教训值得认真总结。     

Optimal capital scaling: a new feasibility for small scale mining

Summary The historical trend in mine development has been the adoption of larger and more capital-intensive methods of production. Such methods have profited from the relatively low costs of investment capital and the reduction in unit costs afforded by technical economies of scale. More recently, rising real rates of interest have increased the investment costs of these capital-intensive mining ventures, amplifying their inherent financial diseconomies of scale and decreasing their economic viability.This paper used an economic framework to analyse the effects of rising rates of interest on the optimal level of capital investment and ultimate scale of operation. The conclusion suggests that rising real rates of interest can cause financial diseconomies to dominate the technical economies of scale. Under such circumstances, those mineral deposits more amenable to smaller scales of mining will prove economically superior to larger scaled operations.     

中国区域经济、金融发展差异分析

基于泰尔指数和GIS地图技术分析了2001年以来中国区域经济和区域金融发展差异。研究表明:全国省域层面金融发展差异显著小于经济发展差异,经济发展差异呈缩小趋势,而金融发展差异呈扩大趋势;经济发展差异主要由四大板块间差异形成,而金融发展差异主要由东部10个省份间差异形成;金融发展格局显著不同于经济发展格局,区域经济发展表现出显著的地带性差异,区域金融发展没有表现出地带性差异,西部省份金融比率提升显著,中部6个省份经济增长提速明显,但金融发展显著滞后。这意味着在区域层面上,经济发展只是影响金融发展的因素之一,其他因素如国家宏观调控、金融空间组织、金融机构的信用区域分配等都会影响区域金融发展。     

“Where to put the spare cash?” Subprime urbanization and the geographies of the financial crisis in the Global South

This article investigates the geographies of subprime urbanization, and by extension, the displacement of 2007–08 financial crisis to the Global South. Previous research examined the formative ways that technological innovations enabled mortgages to deterritorialize and circulate on secondary markets. Less is known about how cities with underdeveloped financial systems and housing markets have been impacted. The case of Tangier, Morocco, is used to argue that the geography of the crisis must be understood as a particular mode of urbanization, subprime urbanization, predicated upon the creation and exploitation of housing submarkets into new geographical frontiers. Subprime urbanization emerged in Tangier in response to the historic contradictions of regional disinvestment in northern Morocco. Weak financial inclusion for local low-income homebuyers led State bureaucrats to increasingly use housing policy to encourage European investment into Moroccan property markets, thereby transforming policy away from improving homeownership access and inclusion toward an urban model centered on the logics of international property speculation.     

如何加强地勘单位财务管理的中心地位

针对地勘单位财务管理工作的实践,从加强“以财务管理为中心”的管理思想,实现财务集中管理,设立内部“结算中心,”实施“收支二条线”管理,推行月度全额资金预算管理制度,实行“五个统一,”强化财务管理的监控职能,培养高素质财务人员等五个方面阐述了如何加强地勘单位财务管理工作的中心地位。     

税收筹划与企业财务管理

根据税收筹划的定义、特征及产生必备的条件、税收筹划的原则来分析企业财务，总结经验，旨在抛砖引玉，唤起广大会计工作者的研究热情，使税收筹划的作用在新环境下得以充分发挥。     

强化公司财务管理——美国公司假帐的启示

2001年底以来美国《财富》500强排名第七位的安然公司，因5.52亿美元虚假利润丑闻和财务危机突然宣布破产，暴露了美国公司治理中存在的财务管理问题，使人们不得不对美国公司治理模式进行重新审视。在思考美国公司治理教训的同时，深入研究中国公司中的财务管理问题，对完善公司治理结构有重要的现实意义。     

Computational and rapid expected annual loss estimation methodologies for structures

Expected annual loss (EAL), which can be expressed in dollars, is an effective way of communicating the seismic vulnerability of constructed facilities to owners and insurers. A simplified method for estimating EAL without conducting time‐consuming non‐linear dynamic analyses is presented. Relationships between intensity measures and engineering demand parameters resulting from a pushover analysis and a modified capacity‐spectrum method are combined with epistemic and aleatory uncertainties to arrive at a probabilistic demand model. Damage measures are established to determine thresholds for damage states from which loss ratios can be defined. Financial implications due to damage can then be quantified in the form of EAL by integrating total losses for all likely earthquake scenarios. This rapid loss estimation method is verified through the computationally intensive incremental dynamic analysis, with the results processed using a distribution‐free methodology. To illustrate the application of the proposed method, the seismic vulnerability of two highway bridge piers is compared; one bridge is traditionally designed for ductility while the other is based on an emerging damage avoidance design (DAD) philosophy. The DAD pier is found to have a clear advantage over the conventional pier; the EAL of the DAD pier is less than 20% of its ductile counterpart. This is shown to be primarily due to its inherent damage‐free behaviour for small to medium earthquake intensities, whose contribution to EAL is significantly more than that of very rare events. Copyright © 2007 John Wiley & Sons, Ltd.     

实行一级财务核算强化专项资金管理--国土资源大调查地质调查项目财务管理模式初探

国土资料大调查地质调查项目实施后,针对项目资金管理中出现的一些问题,本文提出建立一级财务核算的资金运行体制,以解决实施单位资金管理中的多级核算、多级提留、资金监控弱化等问题。     

基于细分行业的中国城市群金融网络演化

基于微观层面的金融企业空间组织关系数据进行宏观层面的金融业空间格局研究是近年来金融地理研究的一个新方向。基于银行、保险及证券三个主流金融行业在1995年、2005年与2015年3个年份的企业网络数据,采用社会网络分析方法,从空间差异、空间过程和空间相互作用3个层次,对各细分行业下的城市群金融网络演化过程进行研究。结果表明：① 银行与保险业视角下,总部企业分布较为集中,且大多中西部城市群内部金融网络较为稀疏,证券业视角下的总部企业分布最为分散,但更替较为频繁。② 银行与保险业视角下的城市群间高层级金融联系较多,证券业视角下则更多为低层级联系,除京津冀、长三角和珠三角为共同的核心网络节点外,银行业其他核心节点集中在沿海地区,保险业则集中在中西部,证券业则呈现出一定的空间均衡性。③ 三行业视角下的城市群发展差异大小及变动趋势不同,证券业视角下的城市群金融资源吸引力差异最大,而总部经济发展差异则最小。④ 各行业地理集中度、市场集中度及影响各行业发展的关键因素的不同,是导致不同行业视角下城市群金融网络演化格局存在差异的主要原因。