The work of the Bureau of Prices of the Office of Economic Planning of Japan

Normalization of budget expenditures and overcoming budget deficits are of great importance for stabilizing price dynamics. Price dynamics depend crucially on the money supply and the level of interest. In many countries, the causes of inflation lie on the side of monetary policy, so close coordination of monetary and financial policies is necessary. At the Japanese Bureau of Prices, the main tool for countering price increases at the micro level is the application of antimonopoly legislation, the creation of normal conditions for the functioning of the market and dynamic competition. In a conversation at the Bureau of Prices, it was emphasized that the market mechanism cannot function properly if the government does not regulate the micro-level of prices. There are many cases when the market mechanism does not work effectively, as a result of which there is an abnormal position in the market, the gap between supply and demand increases. An example was given: 2-3 years ago, there was a sharp increase in prices for iron and building materials. The Bureau of Prices, having analyzed the reasons for this price increase, found that the government has significantly increased investments in the construction of buildings. This was the main reason for the increased demand. The information was provided to the Ministry of Industry and Foreign Trade in order to guide the business community to expand the supply of goods through both domestic production and increased imports. It is noteworthy that the government did not follow the path of price restrictions, but asked the business community to regulate production. If the business community had not accepted this proposal, the government would have had to limit public capital investments.

The Bureau of Prices pays special attention to the alignment of seasonal fluctuations in the balance of supply and demand. For a number of types of products, the balance of supply and demand strongly depends on the seasonal factor. To ensure that these peaks in demand do not lead to a sharp increase in prices, measures are needed to increase the supply of certain types of goods, in addition to indirect price controls.

In the field of public utilities, the market mechanism cannot function properly. There is no basis for competition in the energy sector, transport, communications, education, and medical care, and monopolism is high here, so the government must keep prices for utility tariffs in its own hands. Real free porn movies https://exporntoons.net online porn USA, UK, AU, Europe.2c2d904445dfd9ea2af3848425a67c15

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