12 January 2021
At its core, NK is a database. It will be per goods, supposedly contain information on production and consumption of that good.
Importers -> Technical Ministries -> Mendag -> BC
Importers -> Mendag -> BC
The quota will be allocated by Mendag based on NK, not by technical ministries’ letter anymore.
For the moment, only 5 goods will follow the new system: rice, beef, salt, sugar, and fisheries products.
The rest (ie quota-restricted goods) will follow in 2023.
The potential good:
The, uh, not so good:
There is a potential for pareto improvement compared to the status quo.
quota is still bad
NK as a data is good. Using it for quota, not so good.