Liberalization
in sentence
832 examples of Liberalization in a sentence
Visa
liberalization
can be a strategic step in the direction of “shock integration,” but if it is not followed by bold political action from the EU, it could merely become a re-packaging of the status quo.
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 economic theory also tells us that there will inevitably be losers as well as winners, so that
liberalization
and globalization will be good for everyone only if the winners compensate the losers.
It rests on market-oriented regimes of trade liberalization, increased capital mobility, and appropriate social-welfare policies; backed by American security guarantees in Europe, the Middle East, and Asia, through NATO and various other alliances.
Second, it identifies eight key areas of reform: governance, competition policy, land, finance, public finance, state assets, innovation, and
liberalization
of international trade and finance.
In this context, the new free-trade zone in Shanghai – China’s most international city, with the most experienced and internationalist officials – is a breakthrough experiment in administrative reform and
liberalization.
The Western press has, up until now, often portrayed Russian President Dmitry Medvedev’s term in office as a time of liberalization, a period when the Russian government is beginning to loosen its authoritarian grip on society.
After all, China’s phenomenal globalization success is due as much to the regime’s unorthodox and creative industrial policies as it is to economic
liberalization.
Moreover, ongoing interest-rate
liberalization
– which has occurred both openly and surreptitiously – means that artificially low borrowing costs have become far more difficult to maintain.
What turned the country around, he claims, was labor-market
liberalization
and restrained public spending.
This model has involved substantial
liberalization
in terms of official ideology, the economy, and society, while maintaining public ownership of the major banks and largest state-owned enterprises (SOEs) as “anchors of economic stability.”
In Mexico, for example,
liberalization
of elections expanded the opposition's representation in parliament, ending domination of the executive over legislation and policy.
MOSCOW – Skeptics of financial
liberalization
and innovation have been emboldened by the crisis in the world’s credit markets that erupted in mid-2007, when the problems with sub-prime mortgages first appeared in the United States.
Should we halt financial
liberalization
and innovation in order to prevent crises like the sub-prime disaster from recurring?
But, while it does sometimes appear that the current crisis is due, at least in part, to financial innovation, financial-market
liberalization
has been shown to be a good thing overall.
The Czechs were first and fastest at comprehensive privatization, including a mass privatization program involving the vast majority of the population through participation in voucher auctions, a far-reaching program of restitution, and rapid
liberalization
for starting new private businesses.
Economic growth began to accelerate dramatically in the early 1990s, owing to trade
liberalization
and other economic reforms.
Liberalization, accompanied by economic growth, is the engine for this overseas expansion.
Spain’s path to
liberalization
looks to the liberal British model, not, as is traditional in Spain, to the way things are done in France.
In a
liberalization
package just released, the government partially redresses its early mistakes in privatization by clawing back power from the incumbent near monopolies in oil, gas, electricity, and telecoms.
Moreover, labor market
liberalization
must run parallel to welfare state reform.
FTA’s cannot substitute for multilateral
liberalization.
But China’s rulers know that their highly repressed banking system is vulnerable as the country continues to pursue gradual financial liberalization, and that foreign currency reserves may be needed for recapitalization.
The EU is currently negotiating trade
liberalization
deals with all of Latin America’s regional blocs: Mercosur, the Caribbean Community, the Central America Common Market, and the Andean Community.
Full trade
liberalization
in Latin America, although difficult to achieve, must be made central to EU strategy, and would boost economic growth.
But in the case of EU-Mexico trade liberalization, the growth of imports from the EU has exceeded the growth of exports to Europe, resulting in a widening Mexican trade deficit with the EU.
After all, Chirac’s Gaullists are not the only right-wing group with an incoherent ideology calling for both
liberalization
and statism simultaneously.
In May 1997, the Tarapore Committee on Capital Account Convertibility charted a three-stage
liberalization
process to be completed by 1999-2000, with an accompanying emphasis on fiscal consolidation, a mandated inflation target, and a strong financial system.
The downside risk of capital-account liberalization, after all, is higher exchange-rate volatility, and even countries with sound liquidity positions could not prevent a run on their reserves.
But macro-level policies, such as
liberalization
of trade and investment, privatization, and so forth, are powerful engines of poverty reduction; indeed, they are among the key components of the reforms that countries like India and China embraced in the mid-1980’s and early 1990’s.
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