Liberalization
in sentence
832 examples of Liberalization in a sentence
Early steps toward interest-rate
liberalization
and hints of reform of the antiquated hukou (residential permit) system are also encouraging.
If the Doha Round fails, trade
liberalization
would shift from the WTO to preferential trade agreements (PTAs), which are already spreading like an epidemic.
The WTO stands on two legs: non-discriminatory trade
liberalization
and uniform rule-making and enforcement.
For Japan, the TPP is vital to achieve economic
liberalization
– the third arrow of “Abenomics,” the government’s program to revitalize the country’s ailing economy.
Of course, the so-called Washington Consensus – the quintessential neoliberal guide to development – emphasizes free-market competition, including trade
liberalization.
Dubai’s free-trade zones are a testament to the success that comes with
liberalization
and the removal of barriers to foreign ownership and management.
Such measures, together with further
liberalization
of protected domestic sectors, will strengthen Spain’s economic-growth model considerably.
This ignores the far greater losses that a failed Doha Round would entail, for example, by undermining the World Trade Organization’s credibility as the principal guarantor of rules-based trade, and by leaving trade
liberalization
entirely to discriminatory
liberalization
under preferential bilateral agreements.
Secretary of State Hillary Clinton, for example, was opposed to trade
liberalization
when she ran against Obama for president, and advocated a “pause” in free-trade negotiations.
For instance, the Russian writer Boris Mozhaev argued in 1992: “No market economy and no
liberalization
of prices is possible as long as land is fully owned by the state”.
Hence, the Russian reformers focused on land reform - which is very difficult - rather than the total
liberalization
of agricultural trade - which is much easier.
Similarly, in a Marxist vein, most reformers - and communists - in the former Soviet Union argued that privatization had to precede liberalization, this despite the fact that many Central European countries had failed to de-monopolize and privatize until they liberalized.
However the alleged production monopolies were used by state enterprise managers as an argument against
liberalization
of prices and trade, and they often won.
If the production structure had been properly understood, the recipe would have been far-reaching
liberalization
- as in Poland.
The massive development of spontaneous trade after the
liberalization
of the prices and trade made an important contribution to welfare, but many saw it as big waste.
The US and the EU are also leading the charge on the Trade in Services Agreement (TiSA), assembling a coalition of like-minded WTO members for closed-door negotiations on further
liberalization
and new rules for their mutual trade in services.
Some commentators suggest that letting plurilateral agreements become the norm for trade
liberalization
is not a problem as long as their benefits are extended to all WTO members.
Samuel Morley of the UN’s Economic Commission for Latin America and the Caribbean put together an index that graded reforms aimed at economic deregulation, trade liberalization, and opening up financial markets.
The Washington Consensus – with its emphasis on liberalization, deregulation, and privatization – does not forecast greater per capita income, nor does it eliminate poverty.
Countries were required to undertake only limited trade liberalization, with plenty of exceptions for socially sensitive sectors (agriculture, textiles, services).
Although sometimes bridling at
liberalization
measures, on the whole, borrowing governments welcome reforms that increase their revenues, as these improve the prospects of staying in power.
It even advocated
liberalization
of work permits for foreign workers skilled in internet technologies.
Gerashchenko blocked all bank reforms ranging from restructuring,
liberalization
and privatization to deposit insurance.
A new labor code has been adopted, but delivers scant
liberalization
because it does not reduce the mandatory severance pay of three months' salary and enhances the role of the official trade unions.
Price liberalization, stabilization, and privatization were pursued since 1992 with varying degrees of commitment.
Given this, China’s top leaders promised that they would continue implementing structural reforms and advancing economic
liberalization.
As for liberalization, China is committed to implementing policies to open up further its markets to trade and foreign investment, while protecting the legitimate rights and interests of foreign investors.
This suggests that a reevaluation of the costs and benefits of FDI was already underway, led, interestingly enough, by developed countries, which in the past had championed
liberalization
of entry and operational conditions for foreign investors and their protection under international law.
Although the internationalization of a currency is not tantamount to capital-account liberalization, the degree of internationalization is conditional on capital-account
liberalization.
During much of the 1980s and 1990s, the Bank oversaw structural adjustment programs in developing countries that focused on deregulation, privatization, and economic liberalization, especially trade opening, all of which helped to enable globalization.
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