Outdated procedures and non standardized documents led to high transaction costs and unnecessary delays.

Transaction costs and efficiency

Transaction costs and efficiency

C. Transaction costs and efficiency

Multidisciplinary coordination has transaction costs.

(d) Simplification of the administration of transaction and lower transaction costs.

(e) Clustering of enterprises lowers transaction costs.

They've lowered the transaction costs of stopping genocide.

This would reduce transaction costs and trading risks.

It was noted that, while transaction costs were not at issue in this particular case, any transaction costs should be borne by the withdrawing organization.

Further, formal financial institutions tend to discriminate against SMEs, inter alia because of the high transaction costs in relation to the loan amounts.

Initiatives showing high potential that deserve further experimentation include developing local capital markets, strengthening regulation for water and sanitation, and overcoming the high transaction costs involved in negotiating public private partnerships.

Simplification and harmonization of rules and procedures, transaction costs and efficiency

We know from our work around the continent that transaction costs of reaching the market, and the risks of transacting in rural, agriculture markets, are extremely high.

Efficient trade facilitating measures would go a long way towards tackling the high trade transaction costs borne by the landlocked developing countries because of their geographical handicaps.

Comparable options have still to emerge for the technologies for adaptation where potential technology transfer is associated with insufficient incentive regimes, increased risks, and high transaction costs.

High transaction costs reduce the funds received by recipient families and deter the use of formal channels for remittances, keeping these funds outside the formal financial system.

100. Small markets, high transaction and transportation costs, and lack of sufficient communication links are significant factors impeding the expansion of economic activity for many African countries.

(b) Effectively deliver programme goals and contribute to the reduction of transaction costs

For example, high transaction costs have been cited as a reason for lack of interest in environment related projects in developing countries, e.g. in the area of climate change.

Electronic technologies have facilitated the use of reverse auctions by greatly reducing the transaction costs.

(g) Further reduction of transaction costs for Governments and other partners dealing with the United Nations

Transaction costs in international trade can be substantially diminished by an adequate use of information technologies

The international community should provide greater market access for goods originating in landlocked developing countries so as to mitigate the high trade impact of the transaction costs stemming from their geographical disadvantages.

9. To lower transaction costs in international trade, one needs to consider commercial operations in their entirety.

But in many developing countries, capital markets are still at a rudimentary stage, and commercial banks are reluctant to lend to the poor largely because of the lack of collateral and high transaction costs.

The guiding principle for implementing this initiative is to keep it simple, in order to reduce transaction costs.

(d) Further emphasis on national ownership of the development process, and on coherent international support with lowered transaction costs

There was also a need for facilities providing more market information, transparency and regulation to reduce international transaction costs.

The borrowers have few assets that can be offered as collateral, transaction costs are high and often repayment obligations cannot be enforced due to political constraints or lack of incentive on the part of bank officials.

Other effects of clustering have been identified, for example emulation , tacit knowledge transfer and lower transaction costs as trust builds up and or through the ease of transaction that comes from social proximity .

UNICEF continues to encourage thematic other resources to reduce transaction costs and make more resources available for direct programme assistance.

31.14 The requirements of 399,900 (see table 31.5) relate to transaction costs and other fees for services provided by banks.

In particular, corruption hinders economic growth and investment by increasing transaction costs, thus diverting public funds from their planned allocation.

They focus on the process of joint programme development and implementation, including efficiency, effectiveness, transaction costs, management and coordination arrangements.

She hoped that joint offices would help to reduce transaction costs and would result in more effective support for countries.

If the transaction costs, combined with high interest rates, require that the operation in question generate profit margins of the order of 30 to 50 per cent, it is not clear that this would be economically beneficial.

And this leads to very high handling costs.

Increases in the use of standardized agreements will be monitored as a proxy indicator for transaction costs and flexibility of contributions.

Thematic funds have fewer restrictions than most other resources, allowing for longer term planning while reducing transaction costs and recovery rates.

That element is of particular importance, as landlocked developing countries face additional border crossings, which increase transaction costs and discourage trade.

It may be necessary to operate this instrument alongside a clearing house so that the associated transaction costs can be reduced.

15. In addition, the administrative structures governing these institutions are commonly either fragile or rudimentary, and often involve large transaction costs.

In introducing the item, the representative of the UNCTAD secretariat said that today, for most developing countries' exports, transport costs had a higher incidence on overall transaction costs than customs duties.

(c) Ensuring that all these processes complement each other, with the aim of reducing transaction costs, most importantly for the partner countries