Deregulation
in sentence
358 examples of Deregulation in a sentence
Of course, governments could try to explain why they pursue
deregulation.
Or could it really be true that “Brussels” has overstepped its powers, forcing more
deregulation
than national governments wanted?
The case of airline
deregulation
is again revealing.
One piece of good news is that
deregulation
of product markets has been largely achieved, so there is less need to play the Brussels blame game.
The main item on the agenda now is to design better social insurance, in order to minimize the pain from reallocation, be it from deregulation, technological progress, or globalization.
Of course, some product-market
deregulation
remains necessary, especially in the service sector.
Incidence results for
deregulation
of product and labor markets are more mixed, possibly as a result of data limitations and the specific circumstances of each reform.
By contrast, when it comes to financial
deregulation
and the liberalization of international capital flows, there are clear equity-efficiency tradeoffs: they boost growth, but they also tend to increase inequality.
But it has not yet moved toward the more important features of the American economy, such as
deregulation
of labor and product markets, and a reduction in the weight of the public sector on the economy.
As for establishment Republicans, they are so keen to have a “Republican” in office implementing traditional conservative policies – such as
deregulation
and tax cuts – that they overlook the elements of his agenda that upend their orthodoxies.
The Trump administration’s tendency toward trade protectionism – not to mention financial
deregulation
– is therefore a source of serious concern.
Labor market
deregulation
must also be treated as a national obligation.
But despite protests by the yesterday’s proponents of deregulation, who would like the government to remain passive, most economists believe that government spending has made a difference, helping to avert another Great Depression.
Similarly, in the US, it was technocrats associated with the more Keynesian Democratic Party, such as Lawrence Summers, who led the charge for financial
deregulation.
Economists even analyzed the political economy of regulation and deregulation, so we could have understood why some US politicians pushed the private sector into financing affordable housing, while others deregulated private finance.
The other principal attack on the Clinton administration’s record targets the
deregulation
of derivatives in 2000.
On the contrary, it emphasizes reform of the labor market, deregulation, and a reduction in the corporate-tax rate.
Some of these initiatives, particularly deregulation, will undoubtedly face resistance from bureaucrats concerned about losing their influence.
After all, the IMF’s main responsibility is to fight crises, most of which have been in developing countries – more than a hundred since the disastrous policies of financial
deregulation
and liberalization began some 30 years ago.
Latin Americans also deeply resented Washington Consensus policies of the 1980s-1990s which were often poorly implemented, and mandated “shock therapy” in the form of macroeconomic stabilization, sweeping deregulation, and privatization.
Profound economic and technological changes in recent decades – together with privatization, deregulation, digitization, and financialization – have further empowered elites and enabled them to hone their use of political influencing via think tanks and philanthropies; shadow lobbying, workarounds that subvert standard processes; the media; campaign finance; and stints in “public service” to advance their interests.
The Abe government must implement
deregulation
and other structural reforms while convincing powerful interest groups to adjust to a new national and global environment in which Japan’s old economic model no longer works.
In this scenario, the task of bolstering social security would be completed with the unification of pension funds; the surge of contributions following the pickup in employment; and the return to formal employment of workers banished into informality by the brutal
deregulation
of the labor market during the dark years of the recent past.
Before Trump’s rise to prominence, the House Republicans were developing a set of policies structured around deep tax cuts, sweeping
deregulation
(including for finance and the environment), and repeal of President Barack Obama’s signature health-care reform, the Affordable Care Act (“Obamacare”).
For the most part, center-right, democratically elected governments replaced the military dictatorships, and they exchanged the previous economic paradigm – import substitution, state intervention, and overregulation – for the Washington Consensus, which called for fiscal discipline, price stability, trade and financial liberalization, privatization, and
deregulation.
They sought to counter the trend toward less work through privatization and
deregulation.
His interventions diverted attention from the grave policy error being made at the time:
deregulation
of credit, which led to a deep financial crisis in the 1990s and anticipated the global crisis that erupted in 2008.
These actors’ insistence on privatization, deregulation, and liberalization of capital markets and trade – the so-called Washington Consensus – enriched business and financial elites, led to acute crises, and undermined emerging economies’ growth.
Many of Trump’s policy priorities – including tax reform, some deregulation, a military build-up, infrastructure spending, and the repeal and replacement of the Affordable Care Act – will require legislation.
Many who support, say, tax cuts and
deregulation
will oppose his spending increases and demand entitlement reform.
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