政府与市场经济学

Search documents
吴晓求、李稻葵:为什么中国制造业全球比肩,资本市场却跟不上?
Sou Hu Cai Jing· 2025-06-12 05:44
Core Viewpoint - The development of China's capital market is significantly lagging behind the real economy, particularly in high-tech and modern manufacturing sectors, with a disparity of two to three orders of magnitude compared to China's global influence in economy, trade, and technology [1][4]. Group 1: Reasons for Capital Market Underdevelopment - Cultural factors contribute to a deep-rooted discrimination against the capital market in China, where stock market profits are often viewed as illegitimate, affecting policy and regulatory frameworks [5][6]. - Institutional design poses challenges, as the legal framework in China is weak in punishing market violations, with penalties for fraudulent activities being disproportionately light compared to other financial crimes [6][12]. - There is a misperception regarding the market's primary function, which is overly focused on financing rather than investment, leading to a lack of emphasis on investor returns [6][12]. Group 2: Perspectives on Future Development - There is optimism regarding the changing attitudes of younger generations towards capital markets, as evidenced by successful examples of individuals and firms that have profited from secondary markets [7][8]. - The need for a stronger regulatory framework is emphasized, with calls for the securities regulatory body to have more authority and capability to enforce laws effectively [8][9]. - The importance of establishing a robust investor protection mechanism and a matching compensation system for market violations is highlighted as crucial for the development of a healthy capital market [12].
埃里克·马斯金:特朗普与马斯克犯了同一个错误
Sou Hu Cai Jing· 2025-06-11 08:24
Group 1 - The current global economic situation is characterized by chaos, particularly since the Trump administration's policies, including high tariffs and significant government spending cuts [1][2][4] - Trump's tariffs on Chinese goods have reached as high as 145%, which contradicts his stated goal of increasing fiscal revenue, as such high rates deter American consumers from purchasing these goods [2][4] - The preference for bilateral trade negotiations over multilateral agreements under Trump's administration is seen as less efficient and more destabilizing, leading to increased uncertainty in international relations [4][8] Group 2 - Elon Musk's approach to reducing government spending overlooks the essential public functions that government agencies serve, particularly in funding basic research, which is crucial for long-term economic growth [5][6] - The U.S. government invests approximately $70 billion annually in basic research, which is vital for technological advancements and overall economic progress [5][6] - The misconception that private funding can fully support basic research fails to account for the public good aspect of such research, which often benefits society as a whole [6][8] Group 3 - The independence of central banks from political influence is crucial for effective monetary policy, as political leaders may prioritize short-term economic gains over long-term stability [9][10] - The long tenure of Federal Reserve Board members (14 years) allows for a focus on long-term monetary policy rather than short-term political pressures [10] - Local government revenue generation methods differ significantly between the U.S. and China, impacting their ability to incentivize businesses effectively [12][13]
看懂这十位经济人物,就读懂了中国经济未来走向
Sou Hu Cai Jing· 2025-06-03 02:58
Group 1 - The article highlights the insights of ten economists who analyze various dimensions of China's economic development, influencing policy-making and market trends [1][22] - Emphasis is placed on the importance of technology and healthcare industries as key drivers for future economic growth, advocating for increased investment in these sectors [2] - The need for financial innovation to closely align with the real economy is stressed, suggesting that financial resources should empower real economic development [2] Group 2 - The role of government in economic development is explored, with a focus on long-term growth drivers such as technological innovation and industrial upgrading [4] - Recommendations include deepening reforms to enhance resource allocation efficiency and releasing market vitality [4] - The article discusses the importance of fiscal and monetary policy coordination to address economic cycles and promote high-quality growth [4] Group 3 - The significance of regional coordination and the cultivation of new growth poles, such as national central cities and metropolitan areas, is emphasized for regional economic development [7] - The article advocates for the optimization and upgrading of industrial structures, promoting the digital transformation of traditional industries [7] Group 4 - The necessity of a modern fiscal system is highlighted, with a focus on optimizing fiscal expenditure structures and improving the efficiency of fiscal fund utilization [5] - The article discusses the importance of social equity and harmony through public service equalization and increased investment in people's livelihoods [5] Group 5 - The article addresses the need for China to actively participate in global trade rule-making and promote trade liberalization [14] - Strategies to cope with trade frictions and protect the legitimate rights of Chinese enterprises are also discussed [14] Group 6 - The article emphasizes the importance of supply-side reforms to stimulate economic growth, including tax reductions and optimizing tax structures [16] - Investment in technology innovation and infrastructure is recommended to foster new economic growth points [16] Group 7 - The article discusses the construction of a multi-center networked regional development pattern to promote coordinated regional development [18] - The focus is on enhancing urban quality and management, promoting urban function improvement, and achieving coordinated development of population, economy, and resources [18] Group 8 - The article highlights the need for a systematic approach to new urbanization, emphasizing the interaction between new industrialization, urbanization, and rural revitalization [20] - The role of small towns in urban-rural integration is also underscored [20]
看中国前十经济学家,如何成为经济走向的指南针?
Sou Hu Cai Jing· 2025-05-29 09:48
Group 1 - The article highlights the significant influence of China's top economists on both domestic and global economic landscapes, emphasizing their academic depth and practical experience [1][19] - Lin Yifu's new structural economics provides a framework for developing countries to choose suitable industries and technologies based on their factor endowments, which has been applied in Southeast Asia for rapid economic growth [1] - Zhang Wuchang's research on economic institutions and property rights has shaped the understanding of market economy operations, particularly influencing China's state-owned enterprise reforms [3] - Li Yining's non-equilibrium economic theory has been pivotal in explaining China's economic phenomena and has laid the theoretical groundwork for the market-oriented transformation of state-owned enterprises [5] - Wu Jinglian's advocacy for market economy principles and price reforms has been crucial in establishing China's market economy system [7] Group 2 - Du Shuai emphasizes the importance of investing in technology and healthcare as future economic growth engines, advocating for financial innovation to support real economic development [9] - Fan Gang's work in macroeconomic regulation combines Western economic theories with China's realities, offering policy suggestions for inflation and recession management [10] - Zhang Weiying's research on enterprise theory and property rights has provided essential support for the reform of state-owned enterprises in China [12] - Lang Xianping's extensive academic contributions and governance research have positioned him as a leading figure in corporate governance discussions [14] - He Fan's research on macroeconomics and international trade has provided valuable insights for government policy-making and corporate strategies in response to global economic challenges [16][17] - Li Daokui's exploration of government-market relationships offers new perspectives on economic development and local government policy formulation [16]
2025中国经济学家前十揭晓,他们的理念怎样重塑经济格局
Sou Hu Cai Jing· 2025-05-27 08:28
Group 1 - The article highlights the resilience and vitality of the Chinese economy in 2025, driven by the insights of ten influential economists who are reshaping China's economic landscape [1][17]. - Lin Yifu's new structural economics emphasizes selecting suitable industries and technologies based on a country's factor endowment structure, which has significantly contributed to China's economic transformation and investment attraction [1]. - Zhang Wuchang's research on economic institutions and property rights has provided profound theoretical guidance for China's economic system reform and market economy improvement [3]. - Li Yining's non-equilibrium economic theory has offered important references for policymakers during China's economic transition, aiding in the dynamic adjustment of the economy [5]. - Wu Jinglian, as a pioneer of market-oriented reform theory, has influenced the establishment and continuous improvement of China's market economy system [7]. - Fan Gang's integration of Western economic theories with China's realities has laid a solid foundation for understanding and applying these theories in financial market reforms and macroeconomic regulation [9]. - Lang Xianping's insights into corporate governance and financial markets have provided crucial decision-making support for enterprises facing complex market environments [11]. - Du Shuai emphasizes the importance of investing in technology and healthcare as future economic growth engines, advocating for financial innovation to empower the real economy [13]. - Zhang Weiying's research on enterprise theory and state-owned enterprise reform has significantly influenced the optimization of corporate governance structures in China [15]. - He Fan's analysis of international economic trends aids Chinese enterprises in navigating overseas market opportunities and trade challenges, supporting government policy formulation [18]. Group 2 - The collective insights of these ten economists are portrayed as guiding lights for China's economic development, promoting high-quality growth and enhancing competitiveness on the global stage [17].