The economic mechanism in which the macro - and microeconomy are for the most part managed by centralized administrative methods minimized the functions of the bank. The radical economic reform currently under way is dramatically raising the bank's role. The demand is to create a banking system...

The main reasons behind scarcity are the higher expenditure of resources per commodity unit, the slow pace of construction, the insufficient growth rate of production of new products, and attachment to old ways. The kind of scarcity that originates as a result of the imperfections in management...

pThe wage mechanism is one of society's most effective economic levers. Accordingly it is very important to see that wages are active, to keep a careful check on the stimulating impact of wages, and to regulate this mechanism in good time./ppThe party has always attached great significance to...

Our country's mechanism for the economic stimulation of high final results in production at state enterprises has gone through a number of stages in its development. Immediately after the institution of Soviet power, the activity of such enterprises was evaluated on the basis of output compared...