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21. Regulation with Chinese Characteristics: Deciphering Banking Regulation in China

Author:
Orhan H Yazar
Publication Date:
06-2015
Content Type:
Journal Article
Institution:
German Institute of Global and Area Studies
Abstract:
The regulatory agency responsible for prudential super- vision of the banks in China, the China Banking Regulatory Commis- sion (CBRC), is not an independent authority. The agency’s regula- tory actions are constrained by the central government, which has to balance the prudential and non-prudential consequences of bank regulation for its political survival. The conditions and limits of the government’s influence on the CBRC is analysed through an investi- gation of three regulatory cases. The conclusion is that the CBRC’s regulatory actions are determined by the relative importance of pru- dential outcomes for the government’s policy objectives.
Topic:
Regulation, Finance, Chinese Communist Party (CCP), and Banking
Political Geography:
China and Asia

22. Money and Elections in the Maldives

Author:
International Foundation for Electoral Systems
Publication Date:
11-2014
Content Type:
Working Paper
Institution:
International Foundation for Electoral Systems
Abstract:
The International Foundation for Electoral System’s (IFES) in close cooperation with national experts from Commerce, Development and Environment Consulting, conducted a nation-wide survey to measure the prevalence of vote buying in the Maldives during the March 2014 parliamentary elections. This is the first systematic study of its kind conducted in the Maldives and it provides statistical data on vote buying, campaign finance and other election-related issues. It reveals that 37% of the voters have personally witnessed attempts at vote buying. In addition, the Maldivian public is highly cynical of the way in which political parties and candidates spend their campaign funds. At the same time there is very strong public support for campaign finance reforms and, in particular, for combating vote buying. The methodology and sample were designed to be nationally representative with a +/- 3 percent margin of error. The report will be shared with the government, the parliament, the Election Commission, civil society, political parties and others. IFES is currently providing technical support to the Electoral Reform Working Group to formulate amendments to electoral legislation, and remains committed to supporting Maldivian institutions in improving the electoral process.
Topic:
Elections, Finance, Voting, and Campaign Finance
Political Geography:
South Asia, Asia, and Maldives

23. Is the Twin Deficits Hypothesis Valid in the case of Turkey?

Author:
Fuat Sekmen and Unsal Ozan Kahraman
Publication Date:
12-2012
Content Type:
Journal Article
Journal:
Bilgi
Institution:
Değişim Yayınları
Abstract:
This study deals with the relationship between the current account deficit and the budget deficit in Turkey. Artificial Neural Networks are employed to investigate this relationship. According to the results of the application the twin deficits hypothesis which indicates a positive correlation between the two deficits isn’t valid in Turkey. As this paper tries to analyze the factors accounting for the absence of this kind of correlation, it develops a flexible understanding which doesn’t refuse a hypothesis or a theory (the twin deficits hypothesis) completely, on the contrary, emphasizes the importance of investigating the conditions in which a hypothesis, theory or a model is valid.
Topic:
Economics, Budget, Finance, and Deficit
Political Geography:
Europe, Turkey, and Asia