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Economic Efficiency
(redirected from Market efficiency)

    Also found in: Dictionary/thesaurus, Medical, Legal, Financial, Wikipedia 0.01 sec.
Economic Efficiency 

the ratio between the results of production—output and material services—on the one hand and expenditures of labor and the means of production on the other. Under socialism, economic efficiency is a key index of economic development. For the capitalist entrepreneur, expenditures take the form of fixed capital stock and circulating productive capital advanced by him, and results take the form of profits. Comparisons of expenditures and results based on report and statistical data for the various branches of the economy and for the national economy as a whole are used in the management of capitalist firms, whose primary motive is the desire to maximize profits.
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The report is based on data and surveys involving 12 'pillars' covering, institutions, infrastructure, macro-economic stability, health and primary education, higher education and training, goods market efficiency, market size, labor market efficiency, technological readiness, financial market sophistication, business sophistication, and innovation.
2010 WEF Global Competitiveness Report: Tunisia retains lead in ... by UMCI News (Potomac Falls, VA)
The rankings with respect to health and primary education dropped from 115 to 116, higher education and training 116 to 123, goods market efficiency 82 to 100, labour market efficiency 113 to 121, financial market sophistication 65 to 71 and technological readiness 89 to 100.
Pakistan's competitive ranking drops to 101 from 84 by Asian News International
ASIC has reviewed market conditions and considers that the balance between market efficiency and potential systemic concern has now moved in favour of the ban being lifted," it said in a statement.
Australia lifts ban on short-selling stocks by AFP / AFP Asian Edition
 
 
 
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