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Cross Subsidization
Cross subsidization is the practice of charging higher prices to one type of consumers to artificially lower prices for another group. State trading enterprises with monopoly control over marketing agricultural exports are sometimes alleged to cross subsidize, but lack of transparency in their operations makes it difficult, if not impossible, to determine if that is the case. In many countries, telecommunications (including broadband accesses), postal services, electricity tariffs, and collective traffic among others are cross-subsidized. In some cases, there is a universal price ceiling for the services, leading to cross subsidies benefiting the areas for which the costs of provision are high. Criticism According to Osmo Soininvaara, political economics author and statistician and Finnish parliamentarian, cross-subsidy leads to welfare losses for passengers in urban areas, arguing that even if there are reasons for subsidizing public transport in sparsely populated areas, i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Trading Enterprises
State trading enterprises are enterprises authorized to engage in trade (exporting and/or importing) that are owned, sanctioned, or otherwise supported by government. STEs are legitimate trading entities and are subject to GATT rules. Examples include the Canadian Wheat Board, the Australian Wheat Board, and historically, the New Zealand Dairy Board in New Zealand. Historically the Milk Marketing Board operated in the UK and along with WTO free trade movements has been dissolved. An operating State Trading Organization exists in the Maldives. Some U.S. agricultural producers think, however, that STEs through their exercise of monopoly power and government support may distort trade in their respective commodities. See also * Commodity Credit Corporation * Foreign Market Development Program * Food, Conservation, and Energy Act of 2008 * Marketing board A marketing board is an organization created by many producers to try to market their product and increase consumption and t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Monopoly
A monopoly (from Greek language, Greek el, μόνος, mónos, single, alone, label=none and el, πωλεῖν, pōleîn, to sell, label=none), as described by Irving Fisher, is a market with the "absence of competition", creating a situation where a specific person or company, enterprise is the only supplier of a particular thing. This contrasts with a monopsony which relates to a single entity's control of a Market (economics), market to purchase a good or service, and with oligopoly and duopoly which consists of a few sellers dominating a market. Monopolies are thus characterized by a lack of economic Competition (economics), competition to produce the good (economics), good or Service (economics), service, a lack of viable substitute goods, and the possibility of a high monopoly price well above the seller's marginal cost that leads to a high monopoly profit. The verb ''monopolise'' or ''monopolize'' refers to the ''process'' by which a company gains the ability to raise ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Telecommunications
Telecommunication is the transmission of information by various types of technologies over wire, radio, optical, or other electromagnetic systems. It has its origin in the desire of humans for communication over a distance greater than that feasible with the human voice, but with a similar scale of expediency; thus, slow systems (such as postal mail) are excluded from the field. The transmission media in telecommunication have evolved through numerous stages of technology, from beacons and other visual signals (such as smoke signals, semaphore telegraphs, signal flags, and optical heliographs), to electrical cable and electromagnetic radiation, including light. Such transmission paths are often divided into communication channels, which afford the advantages of multiplexing multiple concurrent communication sessions. ''Telecommunication'' is often used in its plural form. Other examples of pre-modern long-distance communication included audio messages, such as code ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Broadband Access
Internet access is the ability of individuals and organizations to connect to the Internet using computer terminals, computers, and other devices; and to access services such as email and the World Wide Web. Internet access is sold by Internet service providers (ISPs) delivering connectivity at a wide range of data transfer rates via various networking technologies. Many organizations, including a growing number of municipal entities, also provide cost-free wireless access and landlines. Availability of Internet access was once limited, but has grown rapidly. In 1995, only percent of the world's population had access, with well over half of those living in the United States, and consumer use was through dial-up. By the first decade of the 21st century, many consumers in developed nations used faster broadband technology, and by 2014, 41 percent of the world's population had access, broadband was almost ubiquitous worldwide, and global average connection speeds exceeded one m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Postal Service
The mail or post is a system for physically transporting postcards, letters, and parcels. A postal service can be private or public, though many governments place restrictions on private systems. Since the mid-19th century, national postal systems have generally been established as a government monopoly, with a fee on the article prepaid. Proof of payment is usually in the form of an adhesive postage stamp, but a postage meter is also used for bulk mailing. With the advent of email, the retronym "snail mail" was coined. Postal authorities often have functions aside from transporting letters. In some countries, a postal, telegraph and telephone (PTT) service oversees the postal system, in addition to telephone and telegraph systems. Some countries' postal systems allow for savings accounts and handle applications for passports. The Universal Postal Union (UPU), established in 1874, includes 192 member countries and sets the rules for international mail exchanges as a Speci ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Collective Traffic
A collective is a group of entities that share or are motivated by at least one common issue or interest, or work together to achieve a common objective. Collectives can differ from cooperatives in that they are not necessarily focused upon an economic benefit or saving, but can be that as well. The term "collective" is sometimes used to describe a species as a whole—for example, the human collective. For political purposes, a collective is defined by decentralized, or "majority-rules" decision making styles. Types of groups Collectives are sometimes characterised by attempts to share and exercise political and social power and to make decisions on a consensus-driven and egalitarian basis. A commune or intentional community, which may also be known as a "collective household", is a group of people who live together in some kind of dwelling or residence, or in some other arrangement (e.g., sharing land). Collective households may be organized for a specific purpose (e.g., ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Osmo Soininvaara
Osmo Heikki Kristian Soininvaara (born 2 September 1951 in Helsinki) is a Finnish politician and writer. He served as Minister of Social Services in Paavo Lipponen's second cabinet between 14 April 2000 and 19 April 2002. He was the leader of the Finnish Green League party from 2001 to 2005. Currently, he is a member of the Helsinki city council. Soininvaara has a licentiate degree in statistics. Before his political career he worked as a statistician. He was elected in Helsinki city council in 1985 and has served in various positions of trust in the city administration since then. He was elected in Eduskunta in 1987 and again in 1995 and was a member of parliament until 2007, when he chose not to stand for re-election. After a break he was elected to the parliament again in 2011, serving until 2015. Soininvaara is married to Anna-Maria Soininvaara and they have three children: Ohto (born 1990), Ilppo (born 1991), and Helmi (born 1997). Basic income proposal Soininvaara is a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Feebate
Feebate is a portmanteau of "fee" and "rebate". A feebate program is a self-financing system of fees and rebates that are used to shift the costs of externalities produced by the private expropriation, fraudulent abstraction, or outright destruction of public goods onto those market actors responsible. Originally coined in the 1970s by Arthur H. Rosenfeld, feebate programs have typically been used to shift buying habits in the transportation and energy sectors. Examples California's proposed "Clean Car Discount" program (AB493-Ruskin) was designed to help reduce the state's global warming/greenhouse gas emissions by imposing a fee of up to $2,500 on new, high carbon emitting vehicles (starting with 2011 models), and then rebating the fee to buyers of new low emission vehicles, thereby theoretically shifting the social cost of the destruction of public goods by global warming onto those who contribute to global warming. This Bill failed to pass. Supporters point towards what th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidy
A subsidy or government incentive is a form of financial aid or support extended to an economic sector (business, or individual) generally with the aim of promoting economic and social policy. Although commonly extended from the government, the term subsidy can relate to any type of support – for example from NGOs or as implicit subsidies. Subsidies come in various forms including: direct (cash grants, interest-free loans) and indirect ( tax breaks, insurance, low-interest loans, accelerated depreciation, rent rebates). Furthermore, they can be broad or narrow, legal or illegal, ethical or unethical. The most common forms of subsidies are those to the producer or the consumer. Producer/production subsidies ensure producers are better off by either supplying market price support, direct support, or payments to factors of production. Consumer/consumption subsidies commonly reduce the price of goods and services to the consumer. For example, in the US at one time it was cheaper to b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
