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Government price controls discourage production and competition, create shortages and breed corruption.
Producers deny this, attributing shortages more to government policy, particularly price controls, which discourage production and investment.Now Mr Chávez has gone after cement producers.
That could make it harder for affiliate owners to reject network shows, discourage production of local news programs in favor of national broadcasts, and lead to more homogenized programming, they contended.
American law requires aid groups to establish that such sales will not discourage production by local farmers, but some critics say it is a conflict of interest to ask nonprofit groups to select experts to make this determination.
During a recession, which is defined as a sustained drop in output, it's not a good idea to further discourage production and output.
Remittances also may increase families' demand for leisure, which in imperfect labour market environments may discourage production.
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This system, he described as "owned", discourages production of new wealth from potential entrepreneurs and stimulates "non-productive and parasitic activity".
They said price controls would only make the situation worse by discouraging production.
All this curbed inflation but has discouraged production.Mr Morales may find it increasingly hard to sustain some of these policies, as the cash starts to dry up.
In the study "Unintended or Intended Consequences?," economists Tom Means and Edward Stringham define IZ as a price control, before noting that, like with other such controls, it discouraged production and raised prices in California.
This report talks about abolishing subsidies – that rich countries give to their farmers, traders, which discourages production in developing countries in Africa," explained Mr. Gautam.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com