Deregulation
in sentence
358 examples of Deregulation in a sentence
No one has succeeded in the modern American political game like the biggest banks on Wall Street, which lobbied for
deregulation
during the three decades prior to the crisis of 2008, and then pushed back effectively against almost all dimensions of financial reform.
Even neoliberals, like Ronald Reagan and Margaret Thatcher, strove to win hearts and minds, to convince the working class that tax cuts and
deregulation
were in its interest.
The Trump administration’s embrace of financial
deregulation
is also pro-cyclical and intensifies market swings.
In 2003-2007, the US government pursued fiscal expansion and financial
deregulation
– an approach that, even at the time, was recognized as likely to constrain the government’s ability to respond to a recession.
Take American airline
deregulation
of 20 years ago.
So, as
deregulation
boosted demand flight delays multiplied in airports.
Kaufman’s lasting legacy will be a simple and powerful idea that reasonable people increasingly find to be self-evident: relying on
deregulation
and self-interest in today’s complex, opaque markets will manifestly fail to produce a reasonable allocation of capital or support entrepreneurship and growth.
Despite several rounds of deregulation, it remains very difficult to establish private banks in China, and rules on non-banking financial institutions are often unclear.
Start by considering the lasting impact of Greenspan, who believed deeply that financial
deregulation
would contribute to more stable economic growth.
Latin America, the region that tried hardest to implement the "Washington Consensus" recipes--free trade, price deregulation, and privatization--has experienced low and volatile growth, with widening inequalities.
That creed led to deregulation, globalization, and financial innovations based on the false assumption that markets tend towards equilibrium.ampnbsp;
The process goes back at least as far as Ronald Reagan’s era of “supply-side” tax cuts and
deregulation.
A long liberal cycle stretched from the 1930’s to the 1970’s, followed by a conservative cycle of economic deregulation, which now seems to have run its course.
But all of these limitations fell by the wayside during the wholesale
deregulation
of the past 15 years.
These measures included reduced public spending and the privatization of public goods, lower taxes, financial deregulation, and free-trade agreements.
After five years of slow growth and rising unemployment, voters in other indebted countries, like Italians (and French voters before them), are likely to reject additional spending reductions, tax increases, and further painful
deregulation.
Likewise, politicians are reluctant to adopt
deregulation
that eliminates state-sponsored special privileges.
The announcement highlights the risk of a regulatory race to the bottom, driven not just by Saudi Aramco’s impending listing, but also by financial
deregulation
in the United States and fears about Brexit’s consequences for the City of London.
Although the Nuffield Report does not explicitly recommend relaxing the UK regulatory system, it does not adequately address the pressures toward consumer choice, deregulation, and commercialization.
The problems of Britain’s rail privatization and California’s electricity
deregulation
have stripped bare the dangers of neo-liberal policies even in the best of circumstances.
In such a situation one needs urgent reforms that create more taxpayers, not fewer as is now the case as a result of partial restructuring without deregulation, good budgets and lots of growth.
With the global economy expanding, Trump is probably hoping that tax cuts and
deregulation
will spur enough growth and create enough jobs that he will have something to brag about.
But financial
deregulation
in the 1980’s ushered us into uncharted territory.
Nowhere has this game of passing the blame been more visible than in the way EU governments have handled the
deregulation
of the product market.
Consider
deregulation
of telecommunications and airlines, which has ushered in competition from low-cost carriers of data and people.
But
deregulation
inevitably brings disruptions.
Rents disappear, and think of the effects of airline
deregulation
on pilots’ salaries.
By any estimate, with a decent safety net for workers who lose their jobs, the benefits of
deregulation
far exceed the costs and the pain they cause.
But this does not make governments’ political task much easier, because the benefits are diffuse: consumers paying less for airline tickets may not attribute it to
deregulation.
By contrast, the costs are localized: airline workers who risk losing their jobs are intensely aware of the connection between
deregulation
and layoffs.
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