Distribution efficiency

Dictionaryexplanation

Title:Allocationefficiency

Englishtranslation:Allocativeefficiency

Pinyin:fēnpèixiàolǜ

Partofspeech:phrase

Wordmeaning:

①Accordingtocertainstandardsorregulations,thespeedof(things)isdivided.

②Arrangement;speedofdistribution

③Ineconomics,itreferstothespeedatwhichproductionmaterialsaredistributedtoproductionunitsorconsumptionmaterialsaredistributedtoconsumers.

Distributionandefficiencyandfairness

Thereisnoinefficientfairness,norcantherebeunfairefficiency."Prioritizeefficiencyandgiveconsiderationtofairness."Thisprincipleemphasizestheallocationofresources.Butwhenthelargestoutputisobtainedwiththesmallestinput,wesaythattheallocationandutilizationofresourcesareefficient.Inthepursuitofefficiency,ourcountry'sresourceshavebeenoptimallyallocated,whichhasgreatlyincreasedoutput,sotheeconomycandeveloprapidly.Thisisworthyofrecognition.Inourcountry,resourcesarelimited.Somepeopleoccupyresourcestoomuch,whichwillinevitablyleadtoadecreaseintheamountofresourcesoccupiedbysomepeople.Therefore,althoughtheoverallefficiencyhasimprovedandtheincomehasincreased,thepartofthepeoplewhotakeuptoomuchresourcesdoesnotbenefitmuchintheprocess.However,efficiencyisforbetterfairness,andfairnessisforhigherefficiency.Fairnessisnotonlyaprerequisiteforefficiency,butalsothekeytoefficiencyimprovement.Firstofall,takingourcountryasanexample,economicdevelopmentcannotbeseparatedfromsocialstability,andfairtreatmentofincomeissuesisthekeytoensuringstability;thenhowdoesfairnesspromoteefficiency?Weseethathigh-incomepeoplewillsavetheirremainingincomeafteracertainamountofconsumption;theincreaseinsavingswillreduceinterestratesandinvestmentwillbevigorous;investmenthasbroughthugesupply,butmarketdemandhasnotincreasedaccordingly.Ifthetotalsupplyisgreaterthanthetotaldemand,thentherewillbeaproblemofoverproduction.Atthistime,theefficiencyofmarketallocationisverylow.Iffairnessisemphasizedandtheincomeoflow-incomepeoplecanbeincreased,theirpurchasingpowercanbeenhanced,therebyincreasingmarketdemand,themarket'ssupplyanddemandwillberestoredtobalance,andefficiencywillbeimproved.Atthisstage,howshouldwehandletherelationshipbetweenefficiencyandfairness?Theprincipleof"fairnessfirstandefficiency"shouldbeadheredto.

1.Thewideninggapbetweenrichandpoorisunstable.

2.Mentionofthetreatmentlevelofdisadvantagedgroupscanenhancetheirpurchasingpowerandincreasemarketdemand.

3.Payattentiontofairnesswhilealsotakingintoaccountefficiency.Inefficientfairnesswillleadtofailure.

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