Liberalization
in sentence
832 examples of Liberalization in a sentence
This “supercycle,” as White (quoting George Soros) calls it, was enabled, facilitated, and accentuated by Greenspan “puts” and financial
liberalization.
Protectionist tendencies are already apparent in certain Eastern European states, where governments are – perhaps unsurprisingly – concerned about the potential impact of trade
liberalization
on agriculture.
Yet Suu Kyi, and much of the Burmese opposition, is beginning to admit that today’s political
liberalization
might be the real thing.
Washington Consensus reforms – including macroeconomic stabilization (defined as low-single-digit inflation) and market
liberalization
– were supposed to reduce poverty by accelerating economic growth.
In particular, slow growth and revenue losses, owing to economic
liberalization
programs, have reduced the scope for fiscal policy, with serious consequences for poverty and destitution.
And there is now a common understanding in China that meeting this objective requires that the government safeguard financial
liberalization.
Indeed, equating financial
liberalization
with privileges for cities designated as “financial centers” undermines the very goals of
liberalization
– namely, to reduce government control and to accelerate the development of financial markets.
What China needs most is a financial sector capable of harnessing the forces of
liberalization
and globalization to drive economic growth in the decades ahead.
After the EU established explicit criteria for visa
liberalization
and made clear that it was willing to admit some Balkan countries and not others, three states (Serbia, Macedonia, and Montenegro) kick-started reforms and achieved visa-free travel to the EU in 2009, with another two expected to follow shortly.
The recent experience with visa
liberalization
shows that the EU has the power to motivate serious reforms in weak states if it mobilizes the right incentives.
But, as trade
liberalization
has lowered tariffs and duties, the share of trade taxes has declined, while other sources have not compensated for falling trade revenue.
But generational change need not be accompanied by economic reform and steps towards political
liberalization
– witness North Korea under Kim Il Sung’s son, Kim Jong Il.
The new plan’s details reveal continued reliance on investment, including public housing, to support growth, rather than faster currency appreciation, substantial fiscal transfers to households, taxation and/or privatization of state-owned enterprises (SOEs),
liberalization
of the household registration (hukou) system, or an easing of financial repression.
To ease the constraints on household income, China needs more rapid exchange-rate appreciation,
liberalization
of interest rates, and a much sharper increase in wage growth.
After all, before the meltdown in 2008, the captains of finance and industry could trumpet the virtues of globalization, technology, and financial liberalization, which supposedly heralded a new era of relentless growth.
Empirical studies of economic migration have long supported greater
liberalization
of immigration policies.
Indeed, even economic reform is losing steam in China, with no significant changes aimed at economic
liberalization
introduced recently.
In all areas the direction is toward even liberalization, but President Kim's path to liberalism is through a curious kind of social corporatism.
The result will be trade
liberalization
in an area that produces 40% of global GDP.
While
liberalization
was promoted in the late 1980’s and embraced during the 1990’s, food markets in the developed world remained highly protected, with Latin American countries suffering the consequences.
History is littered with financial crises occurring in the wake of precipitous capital-account
liberalization.
Finally, in recent years, China’s policy frameworks have increasingly reflected the inherent tension between the long-standing imperative of ensuring social and political stability and the more modern objective of market
liberalization.
Moreover, trade
liberalization
will also increase consumer confidence worldwide.
Furthermore, labor-market liberalization, once considered indispensable to attract investors and promote industrial growth, is on the back burner.
What’s Behind Trump’s Trade War?WASHINGTON, DC – Since World War II’s end, trade has grown 50% faster than global GDP, owing largely to successive rounds of
liberalization
under the auspices of the World Trade Organization (previously the General Agreement on Tariffs and Trade, or GATT).
The Asian financial crisis of 1997-1998 convinced governments and central banks that countries that maintained exchange controls were able to weather the storm better than countries that embraced
liberalization.
Notably, the
liberalization
of the agricultural and energy sectors was much more comprehensive in Ukraine than in Russia.
Conversely, Ukraine is ahead of Belarus, which has still not undertaken serious
liberalization
or privatization.
As for sub-Saharan Africa, the "Washington Consensus" - economic liberalization, deregulation of capital movements, suppression of subsidies, and privatization - runs against the very policies needed to promote political improvements, a stable macroeconomic environment, enlarged financial markets, and lower debt overhang.
The creation of the euro was accompanied by large-scale financial liberalization, including the elimination of capital controls and the adaptation of the legal framework to allow any European bank to open branches abroad.
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