Improvement of Price Formation under the Economic Reform

In the course of implementing economic reforms in the socialist countries, great importance is attached to economic evaluation and material incentive in the process of improving the system of planned management of the national economy. In this connection, an important part is played by the elaboration and practical application of more substantiated methods of price formation. the intensification of the informational and stimulating functions of price, linked to the implementation of economic reforms, is the basic principle.