Tags → mechanism


Transaction Cost Economics: Basic Concepts and Extensions
May 15, 2007 09:51

This report analyses two different mechanisms of coordination: the mechanism of free choice (the market coordination mechanism) and the mechanism of central planning.

Macroeconomic Policy No comments yet
Tags: mechanism, coordination, free, choice, central, planning
A conference under the aegis of UN provokes trade development in Central Asia
May 15, 2007 09:54

The article focuses on the proposal made by the President of Kazakhstan, Nursultan Nazarbaev at the UN Conference on landlocked countries. He announced that he supports an attempt to increase volume of trade among Central Asian countries, but the author supposes that absence of mechanism of cooperation in the sphere of trade is the main obstacle for economic development in the region.

Foreign Trade No comments yet
Tags: trade, development, Central, Asia, mechanism, cooperation