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Extra resources for The Effect of Acceleration Techlniques on Product Development Time Engineering Management IEEE Transactions
To ensure the equitable distribution of the benefits of the gains from increased internal trade and factor mobility, the government should consider the establishment of an appropriate redistributive or compensation mechanism. Alternative mechanisms include the European Community's Structural Funds, or the fund suggested in the Bank's recent Budgetary Expenditure study (see Chapter 6). Attention should be turned towards regulations which permit an increase in the regional mobility of labor. One important reason for restricting labor mobility in the past was urban grain rationing.
Conclusions 155 6 Markets and Government: Future Perspectives 157 A. General Themes - A Synthesis 157 B. Policy, Regulation and Administration 160 Price and Quantity Controls 160 Internal Trade 160 Factor Mobility 161 Market Regulation 163 C. Physical Constraints and the Management of Distribution 165 Distribution Practices and Distribution Facilities 165 Road Transportation 166 Commodities and Futures Markets 166 D. 68 * January to March Fiscal Year January 1 December 31 Weight and Measures Metric System Page xi Acronyms and Abbreviations ASEAN Association of South-East Asian Nations CASS Chinese Academy of Social Sciences CESRRI China Economic Systems Reform Research Institute CFA Communauté Financiere Africaine CFMC Commodities Futures Management Commission CFTC Commodities Futures Trading Commission CNCC China National Coal Corporation CNFMGC China Non-Ferrous Metals General Corporation COV Covariance DRC Development Research Council EC European Community ECU European Currency Unit ETDZ Economic and Technical Development Zones FEAC Foreign Exchange Adjustment Centers FIMBRA Financial Intermediaries', Managers' and Brokers' Regulatory Association FSU Former Soviet Union FTC Foreign Trade Corporation GITIC Guangdong International Trust and Investment Center GDP Gross Domestic Product GNP Gross National Product GPAIC Guangdong Province Administration of Industry and Commerce GVIO Gross Value of Industrial Output GVO Gross Value of Output LAUTRO Life Assurance and Unit Trust Regulatory Organization LME London Metal Exchange MME Ministry of Materials and Equipment MOC Ministry of Commerce MOFTEC Ministry of Foreign Trade and Economic Cooperation NAFTA North American Free Trade Association NTHS National Trunk Highway System OEC Office of Economic Cooperation SAIC State Administration of Industry and Commerce SCETO State Council Economic and Trade Office SCRES State Commission for the Restructuring of the Economic System SEZ Special Economic Zone SHME Shanghai Metals Exchange SIB Securities and Investments Board SME Shenzhen Metals Exchange SOEs State Owned Enterprises SPC State Planning Commission SRO Self-Regulatory Organizations STICERD Suntory-Toyota International Center for Economics and Related Disciplines TVE Township and Village Enterprises UK United Kingdom USA United States of America Page xii Contributors This report and its annexes are based on the findings of a preparatory visit to China in November 1992, followed by a full-fledged investigative study during March 1993 in China, jointly undertaken by the World Bank, the Ministry of Materials and Equipment, and the State Administration of Industry and Commerce, Government of China.
China's Distinctive Pattern of Development of Commodity Exchanges 101 B. Agricultural Markets 102 C. The Metals Exchanges of Shanghai and Shenzhen 104 The Shenzhen Metal Exchange 107 The Shanghai Metal Exchange 109 D. An Assessment of Trading on China's Two Metal Exchanges 112 The System of Trading on the Exchanges 112 The Costs of Trading on the Exchanges 115 The Nature of Trading Activity on the Exchanges 116 E. Policies and Regulations for Commodities and Futures Markets 120 The Difficulty of Reconciling Free Markets and Continued Government Intervention 120 Financial Safeguards for Participants on the Exchanges 121 A Framework of Regulation for Commodity Markets in China and Other Countries 122 F.
The Effect of Acceleration Techlniques on Product Development Time Engineering Management IEEE Transactions