But Dar said 'free market forces
' had been causing the downtrend in farmgate rice price.
At a time when the country is facing serious balance of payment crisis, how can the country allow the currency exchange rate to be determined by market forces
? Economic experts have now also started comparing country's poor economic situation to the one that Indonesia faced in 1997 and they are stating Pakistan is making the same mistakes that pushed Jakarta towards the worst financial crisis in the late 1990s.
Because so few items are priced such way, the Economist points out many won't hurry to stock up on the currency, and the IMF decision could lead to the renminbi's depreciation: "the People's Bank of China (PBOC) will now find itself under more pressure to manage the yuan as central banks in most developed economies do: by letting market forces
determine their prices.
Regulation by market forces
works better than government regulation.
"The new mechanism for determining the central parity of the RMB announced by the People's Bank of China (PBC) appears a welcome step as it should allow market forces
to have a greater role in determining the exchange rate," an IMF spokesperson said in a statement on Tuesday.
The World Bank report adds to urging by reform advocates who say the government of President Xi Jinping needs to move ahead with ambitious plans to give entrepreneurs and market forces
a bigger role in the world's second-largest economy.
The Austrian approach to economic analysis recognizes that there are market forces
in an economy that create a tendency for it to move toward an equilibrium, but also that an economy will never actually arrive at an equilibrium.
Hong Kong, Hong Kong S.A.R., May 02, 2014 --(PR.com)-- Global Market Forces
, a leading data intelligence, marketing and distribution solutions company headquartered in Hong Kong, China is reportedly negotiating the terms of an outsourcing deal that would potentially see it tasked with assuming the outbound direct telemarketing operation for a well-known Asia-based IT services and consultancy group.
WARREN GATLAND admits Wales are battling "market forces
" regarding movement of top players to France.
The new Chinese leadership has pledged to increase the influence of "market forces
" but failed to unveil a detailed reform plan.
One question in particular that arises is how to judge whether to more tightly regulate market forces
, the financial industry, its products and its employees, or to leave them more to their own devices.