Sectoral Industrial Planning in the Andean Group

This paper offers an analysis of the strategic EU's framework in the planinning of sustainable industrial development and possibilities for harmonisation of Serbia. The aim of this analysis is finding an acceptable formulation of new approaches to sustainable industrial planning in relation to the European strategic framework based on the Lisabon Summit (agenda), the European Spatial Development Perspective towards sustainable territorial development EU (ESDP) and possibilities of introducing the EU Directive IPPC in industry (Integrated Pollution Prevention Control) and Directive of the EU Parliament and Council on the assessment of the effects of certain plans and programmes on the environment (SEA -strategic environmental assessment). This paper deals with various strategic frameworks, approaches and aims of sustainable industrial development in the EU and proposes its harmonisation for Serbia in the period of transition towards market economy. The paper also takes into account the advantages and disadvantages of the application of this approach of sustainable industrial planning during the transition in Serbia, and proposes the formulation of new industrial policies that would contain combined elements of market and environmental mechanisms and the way of implementing (standards, indicators, set of various policies, instruments, measures,etc.). Different proposals are offered for strategic planning of territorial industrial development

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Andean Group: Commission Decision 288 - Free Access to Maritime Cargo Originating in and Destined to the Subregion

International Legal Materials ◽

10.1017/s0020782900013620 ◽

1993 ◽

Vol 32 (1) ◽

pp. 170-171

Keyword(s):

Free Access ◽

Commission Decision ◽

Andean Group

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Analysis on the Effect of Chinese Medical Reform Policy on Medical Listed Companies -- Empirical Analysis on Listed Companies’ Stocks Returns

Journal of Management and Strategy ◽

10.5430/jms.v9n2p20 ◽

2018 ◽

Vol 9 (2) ◽

pp. 20

Author(s):

Xiaoqian Fu

Keyword(s):

Empirical Analysis ◽

Study Finding ◽

Listed Companies ◽

Systemic Reform ◽

Private Hospitals ◽

Medical Reform ◽

Stock Market Reaction ◽

Industrial Planning ◽

The Government ◽

The Empirical Analysis

This paper studies the stock market reaction of medical reform policies to examine policies’ effect on the listed companies which invested in hospital. This paper applies the method of Event Study, finding out that the announcement of the new round of medical and health systemic reform in 2009, the key work for medical and health systemic reform and its detailed rules of implementation in 2010, and the setting of several specific goals to develop the private hospitals run by civilians in 2012, have taken increases of listed companies’ stocks returns (rate of return) by 2.95%, 4.64% and 4.92% separately. That means the whole market value rose by almost 55 billion, 128 billion, and 131 billion of RMB respectively. The empirical analysis results show that share price’s return rate of the listed companies which invested in hospital are significantly associated with industrial planning and supporting policies launched by the government. That is to say, Chinese government’s policy which began to encourage and guide civilian capital to develop the medical industry stimulated the medical and health industry effectively and significantly.

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