allocative policy
11government budget — Forecast of governmental expenditures and revenues for the ensuing fiscal year. In modern industrial economies, the budget is the key instrument for the execution of government economic policies. Because government budgets may promote or retard… …
12Rehman Sobhan — ( bn. রেহমান সোবহান), a prominent economist, played a significant role in the nationalist movement of Bangladesh in the 1960s. Education and careerRehman Sobhan attended St. Paul s School, Darjeeling in India, he went on to Cambridge University… …
13Économie — Pour les articles homonymes, voir économie (homonymie). L’économie (du grec ancien οἰκονομία / oikonomía : « administration d un foyer », créé à partir d οἶκος / oîkos : « maison », dans le sens de… …
14Lars Feld — Lars P. Feld, auch Lars Peter Feld, (* 9. August 1966 in Saarbrücken) ist Leiter des Walter Eucken Instituts und Professor für Wirtschaftspolitik an der Universität Freiburg. Inhaltsverzeichnis 1 Leben 2 Positionen 3 Mitgliedschaften (Auswah …
15Subsidies in India — This article provides information on government subsidies in India.IntroductionA subsidy, often viewed as the converse of a tax, is a potent welfare augmenting instrument of fiscal policy. Derived from the Latin word ‘subsidium’, a subsidy… …
16Afghanistan — /af gan euh stan /, n. a republic in central Asia, NW of India and E of Iran. 23,738,085; 250,000 sq. mi. (647,500 sq. km). Cap.: Kabul. * * * Afghanistan Introduction Afghanistan Background: Afghanistan s recent history is characterized by war… …
17Ordoliberalism — Liberalism …
18New Economic Mechanism — The New Economic Mechanism (NEM) was a major economic reform launched in the People s Republic of Hungary in 1968. Contents 1 Reform 2 Enterprises 3 Prices 4 Foreign Trade …
19Non-convexity (economics) — In economics, non convexity refers to violations of the convexity assumptions of elementary economics. Basic economics textbooks concentrate on consumers with convex preferences (that do not prefer extremes to in between values) and convex budget …
20Deadweight loss — created by a binding price ceiling. Producer surplus is necessarily decreased, while consumer surplus may or may not increase; however the decrease in producer surplus must be greater than the increase (if any) in consumer surplus. In economics,… …
