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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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