The World Bank is like an old ship in its seven decades, all kinds of barnacles sticky budgetary accretions and transaction costs have accumulated on its hull, steadily impeding its speed and performance.

But the costs don t stop there.

Costs are rising for consumers.

The costs can be high.

Transaction costs and efficiency

They are trying to keep costs down.

They are trying to keep costs down.

Can they possibly outweigh the costs?

C. Transaction costs and efficiency

The costs of managing the Social Security system are far smaller than those likely to be associated with privatized accounts.

In addition, there are social costs to consider.

Winning Over Globalization s Losers

The answer is surprisingly simple fixed costs.

It is the fixed costs that limit the diffusion of the networks.

The costs are evident, they argue, but what are the benefits?

This cost would be spread over several years.

Of course, equity ownership in Russia is narrow most Russians do not even follow market indices. But increased capital flight will also affect something that ordinary Russians know and care about the ruble s exchange rate.

, including interest and costs, where appropriate.

Although the imperfectly synchronized economic cycles of EU members causes friction over monetary and exchange rate policy, the euro's benefits outweigh the costs of diversity.

In the UK, fines once helped defray the regulator s costs bad actors reduced the fees charged to the good ones, creating a positive feedback loop.

The benefits are between 28 and 220 times higher than the costs.

The benefits of driving moderately fast vastly outweigh the costs.

The geopolitical costs of a unilateral US war will be even higher.

But it will do so only if serious institutional deficiencies are eliminated.

These fixed costs need to be recouped through long periods of use.

It will lower transaction costs and increase labor productivity.

For instance, no economic cost is too great for the defense of freedom of speech.

The social benefits would outweigh the costs by 40 to one.

The political costs for the ECB of making this type of mistake could be exorbitant.

The costs of globalization, and the resentments that it generates, are too obvious.

In economic terms, these costs should be internalized by the factory farmers rather than being shifted onto the rest of us.

With the costs of ousting Saddam Hussein and occupying Iraq likely to run at anywhere from 100 to 600 billion over the next decade, the US will want to internationalize Iraq's reconstruction.

Firms complain not only about the direct cost, but also about the complexity and the uncertainty introduced by such regulation.

Iraq's 20 billion annual oil revenues cannot meet such costs.

Benefits are estimated to end up about six times higher than the costs.

Why do they do that? Because it's cheaper, because they don't pay the real environmental costs.

The costs incurred by the imprudent companies will be partly socialized.

When deciding whether to lay off a worker, a firm should take into account the social costs of doing so.

In other words, force becomes disproportionate when the costs of using it are too high.

Immediate welfare costs, for example, can be passed on to the next generation, which will encompass these immigrants' children.

Moreover, the benefits of slower population growth outweigh the adjustment costs.

The costs of war must be balanced against the costs of alternative actions. A high cost of war is certainly not a case for inaction, especially in the face of a serious risk that Iraq could obtain, and eventually use, weapons of mass destruction.

Mobile banking may lower the fixed costs faced by traditional banks.

More importantly, immigration's overall benefits outstrip the costs.

The costs of war must be balanced against the costs of alternative actions.