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Prices: Market Mechanism and State Regulation

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Rubric: Economy, Economic Theory
DOI: 10.20542/0131-2227-2011-10-40-50

E. Glazova, Institute of World Economy and International Relations, Russian Academy of Sciences (IMEMO), 23, Profsoyuznaya Str., Moscow, 117997, Russian Federation (glazova@imemo.ru).
M. Stepanova, Institute of World Economy and International Relations, Russian Academy of Sciences (IMEMO), 23, Profsoyuznaya Str., Moscow, 117997, Russian Federation (m.stepanova@imemo.ru)

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Abstract. The article examines the role of state regulation of prices – indirect or direct – with the aim to create a competitive environment (if it is absent) or to strengthen competition with its imperfections in order to eliminate those violations of market pricing mechanism which the market itself cannot resolve.

Keywords: market prices, regulated prices, indirect regulation of prices, direct price regulation


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For citation:
Glazova E., Stepanova M. Prices: Market Mechanism and State Regulation. World Eсonomy and International Relations, 2011, no. 10, pp. 40-50. https://doi.org/10.20542/0131-2227-2011-10-40-50

Contents World Eсonomy and International Relations. 2011, no. 10

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