A fundamental proposition of modern economics is that to the extent that the prices of goods and services are established through exchanges in well-functioning markets, efficient allocations are likely. Conversely, if there are no markets for certain goods and services, allocations may be inefficient for not only the nonmarketed goods but also for marketed goods that may be substitutes for these goods. To the extent that economic development takes...
Voir la suite
INFORMATION
-
1992/03/31
-
Document de travail départemental
-
10497
-
1
-
1
-
2010/07/01
-
Accounting for traditional fuel production : the household energy sector and its implications for the development process
-
capital export