Liberalization
in sentence
832 examples of Liberalization in a sentence
When President Obasanjo supported and launched the
liberalization
of the telecommunications sector, we went from 4,500 landlines to 32 million GSM lines, and counting.
And finally, a process of rationalization of economic production and of trade
liberalization.
After the war, you opened your markets to Europe, you dragged Europe into the then-global economy, which was your economy, and you institutionalized that trade
liberalization
through founding the General Agreement on Tariffs and Trade.
It was the
liberalization
of international financial markets.
Aside from the relatively small middle class and the even smaller business and intellectual elite, most Russians neither take risks to become entrepreneurs nor favor economic and political
liberalization.
One reason for sustained corruption is that Russia’s powerful bureaucracy stands to lose too much from economic
liberalization.
Remarkably, Medvedev is not wary of speaking about political
liberalization.
One lever that the West has is to condition membership on political and economic
liberalization.
Medvedev appears to understand that such a new burst of
liberalization
is in Russia’s interest as well.
Apec’s original intent was to promote economic cooperation and trade
liberalization
in the region.
And that sense is not unreasonable; some groups do reap higher rewards from economic
liberalization
while others suffer.
Central banks frequently stress the limits of their powers, and bemoan lack of government progress toward “structural reform” – a catch-all phrase covering trade liberalization, labor- and product-market reforms, and measures to address medium-term fiscal challenges, such as pension age increases.
Development thinking then shifted to the neoliberal Washington Consensus: privatization, liberalization, and stabilization would introduce to developing countries the idealized market institutions that had been established in advanced countries.
Likewise, countries like Mauritius, China, and Vietnam did not implement rapid
liberalization
(so-called “shock therapy”), which the Washington Consensus advocated; instead, they followed a dual-track gradual approach (and often continued to perform poorly on various governance indicators).
Though the big parties are broadly committed to continuing an economic policy of
liberalization
and growth, the BJP is mostly focused on the well-being of India’s merchant class, whereas Congress wishes to redistribute enhanced government revenues to the poor through generous social programs.
The left, which would strongly influence any “third front” government, are staunchly opposed to economic
liberalization
and wish to strengthen, rather than dilute, India’s large public sector.
Accounting foibles aside, Greece’s real error was to forget – once it had become the 12th member of the eurozone on January 1, 2001 – the imperative to modernize the state through
liberalization
and privatization; instead, it fell back into its old bad ways.
It is not being negative or obstructionist in blocking the
liberalization
process on several fronts, which is India's historic manner of conducting global trade negotiations.
Believing that economic development and a growing middle class would lead to political liberalization, the US again engaged with China.
One choice was shock therapy - quick privatization of state-owned assets and abrupt
liberalization
of trade, prices, and capital flows - while the other was gradual market
liberalization
to allow for the rule of law to be established at the same time.
Yet the ACCEPT report may provide useful insight into the question, by highlighting how state management and economic
liberalization
interact.
Financial liberalization, too, will be deepened, which will help startups and private firms most of all.
But the stubborn inertia of authoritarian regimes only encourages radicalization, so there is a clear need for a gradual process of
liberalization.
And, in the end, this focus on the defensive side of trade
liberalization
makes negotiations more difficult.
Despite the country’s worrisome political stalemate, and the seeming entrenchment, at least for the moment, of ethnic politics, the chance to grab the “low-hanging fruit” of visa
liberalization
did encourage the Bosnian leadership to make a serious effort at reform in a relatively short period of time.
Those policies should include trade
liberalization.
These barriers remain largely because further
liberalization
would redistribute jobs, income, and wealth in ways that governments fear would reduce their chances of remaining in power – and their own wealth in countries where corruption is rife.
In addition, the experiences of successful reformers like Korea, China, India, and Chile suggest that trade
liberalization
immediately boosts annual economic growth rates by several percentage points for many years.
If trade
liberalization
in goods and services proves too politically difficult to achieve in this decade, the benefits of liberalizing international labor flows is worth contemplating – not least because otherwise illegal migration is likely to increase.
They also recognize the need for further
liberalization
of the country’s financial system, a move that will require tolerance for outright defaults on bad loans – and the anxiety and anger that comes with them.
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