scholarly journals Research on the Role of Financial Industry in Eliminating Overcapacity in Hebei Province

2021 ◽  
Vol 233 ◽  
pp. 01155
Author(s):  
ailong Liu

In order to solve the problem of excess capacity, Hebei Province has taken various measures to strictly implement the Guiding Opinions on Resolving Serious Overcapacity Contradictions issued by the State Council. In this process, most of the measures taken are administrative intervention, and the relationship among management measures, market rules and economic factors is not very clear. Based on this, this paper, starting from the excess capacity of Hebei iron and steel industry, analyses the relationship between investment return rate and investment ratio, and the relationship between profit and reduced capacity of iron and steel industry. On the basis of the analysis and the background of deepening the structural reform of supply side, this paper puts forward effective measures to solve the excess capacity of iron and steel industry.

Author(s):  
Charles S. Maier

This chapter examines the process that led to conservative stability in France, Germany, and Italy. Between the summer of 1924 and the end of 1926, Europeans underwent a period of painful bargaining that finally resolved the equivocations and inconclusiveness of the postwar settlements. In France and Germany, business organization was strengthened, as anxieties about excess capacity and fierce export competition encouraged new cartel arrangements. In the case of Italy, fascist corporatism opened up an authoritarian resolution of the same class tensions existing everywhere. The chapter considers how the conservatives's new stability brought the end of a decade of inflation, disputes centering on monetary revaluation, and the decomposition of parliamentary politics in the three countries. It also discusses the effects of deflationary pressures on the iron and steel industry, the international organization of capitalism, and how Italian fascism remained in a reciprocal and symbiotic relationship with the old forces of order.


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