Your English writing platform
Free sign upExact(2)
Other attempts to stabilize commodity prices since World War II have mainly assumed three forms the multilateral contract agreement, the quota agreement, and the buffer-stock agreement.
In the multilateral contract system, consumers and producers undertake to buy or sell a specified quantity of the commodity at agreed minimum and maximum prices, or at a price within the agreed range.
Similar(58)
The multilateral purchase contract and buffer-stock systems offer the advantage of not requiring any restrictions on production; new producers with improved technical equipment may participate.
Market designs are made on various aspects like the objective principle, market types (spot market, futures market, financial market, ancillary service market and retail market) and transaction modes (bilateral contract, multilateral transaction platform and power pool).
The risk officers also want to shift from bilateral contracts to multilateral "netting" agreements cleared on neutral exchanges, as this should require far less collateral to be posted by individual firms.This is radical stuff, especially by the standards of this industry.
For this purpose, we extend the LEN model which is frequently used in the executive compensation literature to include taxation.3 We initially introduce the LEN model without taxes to then illustrate the impact of taxation first by implementing wage tax only (unilateral approach) and subsequently by implementing multiple taxes affecting both contracting parties (multilateral approach).
Far less collateral would be needed if the contracts were cleared through a multilateral clearing house where more deals could be offset against each other.For years, derivatives exchanges have sought to capture some of the fantastic growth seen in the over-the-counter (OTC) derivatives market.
In the course of energy liberalisation, electricity and natural gas contracts have been separated from physical delivery, and these contracts are now traded as commodities in multilateral trading facilities.
We consider contracting of a principal with an agent if multilateral externalities are present.
Further, the G-8 could encourage the multilateral development banks to incorporate the transparency of extractive industry contracts (in addition to revenues) as a component of their lending programs and technical assistance.
However, multilateral development agencies are currently promoting more binding relationships through contracting-out of health services, as indicated in the case of Southern Sudan.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.
Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com