non profit organization board of directors positions This week, interest rate debt in developed countries in Europe and the United States suffered a massive sell-off. Affected by this, the yield curve of government bonds has been changed to a steep and steep trend. Labour minister John MacDonald (John McDonnell), said the international monetary fund, according to a report of a conservative government "good at cuts in public services, tax breaks for a few rich people, but no hope to invest in our country for the majority of people skills and infrastructure needed for the economic development". First of all, it costs transaction cost for the manufacturer to purchase intermediate products in the market. It includes the cost of seeking suitable suppliers, signing contracts and supervising contract execution. If the manufacturer can produce some intermediate products within the enterprise itself, it can eliminate or reduce some transaction costs, and can better guarantee the quality of the products. Second, if the manufacturers need is a special type of specialized equipment, the supplier does not generally willing to specialize in only a buyer of the product of the investment and production, because this kind of proprietary investment risk is bigger. Therefore, vendors that need this specialized device need to solve the problem of specialized devices within the enterprise. In the end, the manufacturers hire employees with specialized skills, such as specialized product design, cost management, and quality control, and establish long-term contractual relationships with them. This can be more beneficial than buying the corresponding services from other vendors, thereby eliminating or reducing the corresponding transaction costs. Widely respected for its expertise in high-end aluminium glazing products, Fenster was approached by programme-makers and asked to supply a premium-quality sliding door. The fund said last year that it would grow 1.1% in 2017 and then increase its forecast to 2%.