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本論文使用世界銀行在2006年及2010年於六個拉丁美洲國家進行的企業調查所得之一組全新數據,重新在公司層面審視「金融發展--(公司)增長」的連結關係,發現即使控制了宏觀經濟的改變以及利用固定效應之縱橫計量模型進行估算,金融發展對公司銷售以及勞工生產力都有顯著的正面效果,支持以往相關的公司層面研究。 ; 然而,與過往的公司層面研究不同,金融發展對比較大型公司的正面影響,相對小型公司之影響為大。這結果與較近期的研究指在新興市場中,金融發展會不成比例地刺激本來因政治或其他因素與金融體系比較密切的公司相符。未來研究應注重這些市場的獨特性以求更透徹地了解箇中機制。 ; This thesis revisits the finance-growth nexus at the firm level. Using a new dataset based on the World Bank Enterprise Survey conducted in 2006 and 2010 covering six Latin American countries, financial development is found to have a positive effect on both the level of firm sales and labor productivity, after controlling for other macroeconomic changes and unobserved firm-specific effects in a panel-data estimation, reinforcing previous similar studies at the firm level, which relied only on cross-sectional data. ; However, in contrast to earlier firm level cross-sectional researches, it is discovered that financial development exerts a greater positive effect on larger firms relative to smaller ones. This is consistent with more recent studies that finance disproportionately spurs growth of firms that are originally more connected to the financial system for political or other reasons in the context of emerging markets. Future researches should point to the uniqueness of these markets to understand more thoroughly the mechanism behind. ; Detailed summary in vernacular field only. ; Detailed summary in vernacular field only. ; Tsang, Wai Him. ; Thesis (M.Phil.)--Chinese University of Hong Kong, 2012. ; Includes bibliographical references (leaves 69-72). ; Abstracts also in Chinese. ; Abstract --- p.ii ; 擇要 --- p.iii ; Acknowledgements --- p.iv ; Table of Contents --- p.v ; Chapter 1 --- Introduction --- p.1 ; Chapter 2 --- Motivation --- p.6 ; Chapter 2.1 --- Revisiting the finance-growth connection at the firm-level with a new dataset --- p.13 ; Chapter 2.2 --- The distributional effects associated with financial development --- p.18 ; Chapter 3 --- Data Set and Methodology --- p.25 ; Chapter 3.1 --- The Data --- p.25 ; Chapter 3.2 ...

"In 2016, economic globalization suffered a severe crisis after over half a century of smooth development, and deglobalization was running mountains high. Not only did it trigger domestic political discord in major countries like the United States, Britain, France and Germany, but also led to international economic and political disputes among Western countries, intensifying strategic competition between major powers. With the arrival of 2017, through the perilous waves of deglobalization and the consequent international political upheavals, we find that the post Cold War era that we were familiarized with, is coming to a rapid end, ushering in a new international political era, full of uncertainties. This annual book presents Chinese scholars' views, opinions and predictions on global political and security issues, as well as China's strategic choice. It covers a wide range of important issues concerning international security, ranging from the assessment of Sino-US relations, Russian-American relations, the counter terrorism situation in the Middle East, the political situation in Taiwan and cross-Strait relations, Brexit and the refugee problem, and the strategic situation in the South China Sea, to the judgment of the strategic posture in countries and regions like Japan, the Korean Peninsula, Southeast Asia, Latin America and Africa. Also covered are the analysis of the strategic posture in cyber space, outer space (as well as their governance), and discussion on China's international strategic choice in the wave of deglobalization."--