Public sector reforms, privatisation and regimes of control in a Chinese enterprise

The Chinese economic reform has recently become a major focus of attention around the world. The underlying rationale for the Chinese government's privatisation and public sector reforms is the view that reformed state enterprises and privately managed firms will demonstrate superior management control and better performance, and hence encourage economic growth and employment. There are very few intensive case studies published in English journals studying whether firms privatised in China have reversed previous losses and introduced better management controls, leading to increased investment, productivity, and overall organizational effectiveness and efficiency. The researchers do not seek to deny the control problems of Chinese SOEs, but question the consequences of the new controls installed during the post-privatisation period. The paper also reveals a declining tendency in employment; altered distributions of wealth ? especially to the state ? and labour, and a lack of improvements in the accountability of privatised companies. Overall, the paper argues, the aims of reform policies in China, including better control, increased profitability and an improved working life for Chinese people, have not materialized. The paper calls for more research on the above issues in the Chinese context

Para-infectious brain injury in COVID-19 persists at follow-up despite attenuated cytokine and autoantibody responses

To understand neurological complications of COVID-19 better both acutely and for recovery, we measured markers of brain injury, inflammatory mediators, and autoantibodies in 203 hospitalised participants; 111 with acute sera (1–11 days post-admission) and 92 convalescent sera (56 with COVID-19-associated neurological diagnoses). Here we show that compared to 60 uninfected controls, tTau, GFAP, NfL, and UCH-L1 are increased with COVID-19 infection at acute timepoints and NfL and GFAP are significantly higher in participants with neurological complications. Inflammatory mediators (IL-6, IL-12p40, HGF, M-CSF, CCL2, and IL-1RA) are associated with both altered consciousness and markers of brain injury. Autoantibodies are more common in COVID-19 than controls and some (including against MYL7, UCH-L1, and GRIN3B) are more frequent with altered consciousness. Additionally, convalescent participants with neurological complications show elevated GFAP and NfL, unrelated to attenuated systemic inflammatory mediators and to autoantibody responses. Overall, neurological complications of COVID-19 are associated with evidence of neuroglial injury in both acute and late disease and these correlate with dysregulated innate and adaptive immune responses acutely

Network externalities and government restrictions on satellite broadcasting of key sporting events

Recently BSkyB, a subscription based satellite broadcaster, attempted to win the rights to broadcast key sporting events away from the over-the-air broadcasters. Although conventional rationales for government intervention do not seem to apply to this situation, the government announced that eight top sporting events would be guaranteed terrestrial transmission. This paper develops a new rationale which supports the government's policy. We argue that transmission on BSkyB would reduce consumer surplus due to network externalities. People talk about things they have in common. When fewer people share the experience, this devalues the conversational value of the event. From an efficiency perspective, the best arrangement would combine terrestrial broadcasting of the main event with subscription broadcasting of aspects that appeal only to minority tastes

Carbonate drifts as marine archives of aeolian dust (Santaren Channel, Bahamas)

Sediment data from the Bahamian Santaren carbonate drift reveal the variability of trans-Atlantic Saharan dust transport back to about 100 ka BP (Marine Isotope Stage 5-3) and demonstrate that carbonate drifts are a valuable pelagic archive of aeolian dust flux. Carbonate drift bodies are common around tropical carbonate platforms; they represent large-scale accumulations of ocean-current transported material, which originates from the adjacent shallow-water carbonate factory as well as from pelagic production, i.e. periplatform ooze. Subordinately, there is a clay-size to silt-size non-carbonate fraction, which typically amounts to less than 10% of the sediment volume and originates from aeolian and fluvial input. Sedimentation rates in the 5.42 m long core GeoHH-M95-524 recovered 25 km west of Great Bahama Bank in the Santaren Channel ranges from 1-5 to 24.5 cm ka-1 with lowest values during the last glacial lowstand and highest values following platform re-flooding around 8 ka BP. These sedimentation rates imply that carbonate drifts have not only the potential to resolve long-term environmental changes on orbital timescales, but also millennial to centennial fluctuations during interglacials. The sediment core has been investigated with the aim of characterizing the lithogenic dust fraction. Laboratory analyses included X-ray fluorescence core scanning, determination of carbonate content and grain-size analyses (of bulk and terrigenous fraction), as well as visual inspections of the lithogenic residue; the age model is based on oxygen isotopes and radiocarbon ages. Data show that the input of aeolian dust in the periplatform ooze as indicated by Ti/Al and Fe/Al element ratios abruptly increases at 57 ka BP, stays elevated during glacial times, and reaches a Holocene minimum around 6.5 ka BP, contemporary to the African Humid Period. Subsequently, there is a gradual increase in dust flux which almost reaches glacial levels during the last centuries. Grain-size data show that the majority of dust particles fall into the fine silt range (below 10 µm); however, there is a pronounced coarse dust fraction in the size range up to 63 µm and individual ‘giant’ dust particles are up to 515 µm in size. Total dust flux and the relative amounts of fine and coarse dust are decoupled. The time-variable composition of the grain-size spectrum is interpreted to reflect different dust transport mechanisms: fine dust particles are delivered by the trade winds and the geostrophic winds of the Saharan Air Layer, whereas coarse dust particles travel with convective storm systems. This mode of transport ensures continuous re-suspension of large particles and results in a prolonged transport. In this context, grain-size data from the terrigenous fraction of carbonate drifts provide a measure for past coarse dust transport, and consequently for the frequency of convective storm systems over the dust source areas and the tropical Atlantic