Examples of using Allocative efficiency in English and their translations into Arabic
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They also enhance the allocative efficiency of capital.
It is generally accepted that public finance should be designed to achieve allocative efficiency.
It is sometimes argued that advocates of openness promote allocative efficiency at the expense of technical efficiency(e.g. Nayyar, 1997).
This increase in efficiency is essentially static; it is an increase in allocative efficiency.
In contract theory, allocative efficiency is achieved in a contract in which the skill demanded by the offering party and the skill of the agreeing party are the same.
Their entrepreneurial skills therefore affectthe effectiveness of markets and enhance allocative efficiency.
UNCTAD should study the impact such an agreement would have on the allocative efficiency of FDI and the flows to developing countries.
A Numbers in parentheses are the percentages of each result due to the change in terms of trade,most of the rest being the change in allocative efficiency.
In this framework, the Government would promote allocative efficiency by cutting subsidies to enterprises, liberalizing prices, and opening the economy to foreign trade and competition.
The past few years, however,have witnessed a significant rise in attention to the allocative efficiency and impact of SWAps.
This programme seeks to increase the allocative efficiency of labour visàvis real and potential demand, which evidently will lead to gains in the form of increased productivity in the workplace.
It is a philosophy of economic globalism, where nationality does not matter;what matters is allocative efficiency at the global level.
In most cases, such a process entails major gains in allocative efficiency through shifts in employment from low productivity to high productivity and from primary to industrial activities.
This can be underpinned,as has been done, by implementing policy reforms that increase allocative efficiency and liberalize access in general.
The static gains oftrade stem mainly from greater specialization, higher allocative efficiency, wider access to production factors(such as capital equipment) and intermediate and consumer goods at lower prices, and greater opportunities to exploit the economies of scale.
(e) Changing the balance between different outputs aimed at delivering a similar overall objective in a way which achieves agreater overall output for the same input(" allocative efficiency").
This is because liberalization of international trade,investment and capital movements can improve allocative efficiency and can bring about greater dynamism in an economy, thus providing faster economic growth.
Normative law and economics goes one step further and makes policy recommendations based on the economic consequences of various policies. The key concept for normative economic analysis is efficiency, in particular, allocative efficiency.
The relative immobility of the female labourforce in response to market signals obstructs allocative efficiency in the labour market, and there are social opportunity costs in the loss of efficiency and misallocation of resources resulting from female labour being" locked up" in non-market work.
Poor countries unable to attract foreign capital to finance rapid industrialization can neverthelessharness other engines of growth including allocative efficiency, identified in this Issues Paper.
Secondly, analysis shouldbe done on a global level to ensure that the allocative efficiency of various vertical funds is MDG-responsive, meaning that too many resources should not be tied to one area that responds to a particular Millennium Development Goal at the expense of the achievement of the other Goals.
Increasing efforts are needed to promote partnerships between the public and private sectors and between institutions at the national and local levels so as toimprove the allocative efficiency of investments in water and sanitation and to increase operational efficiency. .
Allocative efficiency is a state of the economy in which production represents consumer preferences; in particular, every good or service is produced up to the point where the last unit provides a marginal benefit to consumers equal to the marginal cost of producing.
But, the historical experience of economic catch-up in mature andlate industrializers is that exclusive concentration on allocative efficiency implies that too little attention is paid to stimulating the dynamic forces of markets that underlie structural change and economic growth.
Some countries, particularly net food-importing developed countries, have argued that there is a need to take into account the multifunctionality of agriculture in future reductions in agricultural support and protection since the positive externalities arising from agriculturalactivity should be balanced against the envisaged allocative efficiency arising from agricultural trade liberalization.
However, the historical experience of economic catch-up in mature andlate industrializing countries shows that exclusive concentration on allocative efficiency implies that too little attention is paid to stimulating the dynamic forces of markets that underlie structural change and economic growth.
In theory,the economic rationale behind privatization is that it can increase allocative efficiency(through increased or improved output and/or lower prices) and productive efficiency(by way of a more efficient use of resources within the firm), thus resulting in increased competitiveness of firms and contributing to development and welfare.
For example, political stability has been found to be critical in achieving sustainable equitable growth leading to poverty reduction,and government policies that improve the allocative efficiency of resource use(by reducing distortions in relative prices, exchange rates and trade patterns) can be a key factor in raising the incomes of the poor.
The relative immobility of the female labourforce in response to market signals obstructs allocative efficiency in the labour market, and there are social opportunity costs in the loss of efficiency and misallocation of resources resulting from female labour being" locked up" in non-market work.
Requiring those agencies to establish selection criteria at the first stage would be beneficial, but there would be disadvantages tosetting relative weight at that stage in terms of allocative efficiency, and it was recalled in this regard that the procuring entity would probably not have a perfect knowledge of the appropriate relative weight at the first stage.