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Reform in sentence

4628 examples of Reform in a sentence

A second argument against further monetary-policy action is that it should be considered only as a reward for budgetary austerity and structural reform, areas in which politicians continue to underperform.
Without support from the ECB, both goals – economic recovery and political leaders’ commitment to structural reform – will remain purely aspirational.
This historical experience was good for reform capability.
Unlike Keynesians, who focus on demand shocks, followers of the Austrian economist Joseph Schumpeter view cost shocks as important potential catalysts for structural reform and industrial upgrading – both of which are needed to avoid falling into a low-growth rut in the long term.
Given that improving overall productivity is the best way to defend against cost shocks, the new round of structural reform should be aimed at creating conditions for economic transformation and upgrading.
Of course, living standards are not as high in Eastern Europe as in the west, but the hope – for both applicant countries and those in the Balkans – must be that ongoing democratization and economic reform will mean eventual membership in the EU.
The Republican Party, now in control of the legislative and executive branches, views a BAT – which would effectively subsidize US exporters, by giving them tax breaks, while penalizing US companies that import goods – as an important element of corporate-tax reform.
Democrats in both houses of Congress are likely to vote against the entire proposed corporate-tax reform, including the BAT.
The list of potential policy actions that could benefit the United States – trade liberalization, comprehensive regulatory reform, and immigration and education reform, among others – is long.
But only two policies are particularly promising for such a “Pact for America”: federal infrastructure spending and corporate-tax reform.
Federal infrastructure spending and corporate-tax reform should top the list of policies capable of attracting bipartisan agreement, because they promise significant long-term productivity, income, and employment gains, while also supporting short-term growth.
Corporate-tax reform also offers a good opportunity for bipartisan agreement, especially given that Obama and congressional leaders of both parties have expressed interest.
While gains from fundamental tax reform – say, replacing the current tax system with a broad-based consumption tax – are large, on the order of 0.5-1 percentage point per year of economic growth for a decade, corporate-tax reform would also boost growth.
Given that recent research shows that much of the burden of corporate taxation is borne by workers in the form of lower wages, Democrats should embrace tax reform as a way to support income growth.
One could add to such a reform further support for low-income Americans by increasing the Earned Income Tax Credit for single workers.
Given their policy objectives, conservatives should support a well-crafted federal infrastructure program, and liberals should support corporate-tax reform.
Because the payoffs from infrastructure spending and tax reform do not fit neatly within the five-year or ten-year budget window used by America’s fiscal scorekeepers, measuring more completely the benefits from such policies is vital to attracting political support.
Moreover, any increase in spending on infrastructure or any revenue loss from tax reform should be offset elsewhere.
One proposal – immediate tax deductibility for capital investment – should be part of a permanent (and overdue) corporate-tax reform, but Obama has proposed it as a one-year measure to induce businesses to move capital spending forward to 2011.
As a result, several prominent Republican politicians are now urging their party to reconsider its anti-immigration policies, and plans for immigration reform will be on the agenda at the beginning of Obama’s second term.
Successful reform will be an important step in preventing the decline of American power.
If Obama succeeds in enacting immigration reform in his second term, he will have gone a long way toward fulfilling his promise to maintain the strength of the US.
Other countries in the region will have to follow suit and reform their economic systems, or face the wrath of their increasingly disgruntled citizens.
In particular, despite more than three decades of legal reform in China, Chen had precious little recourse to fight harassment and house arrest at the hands of the Chinese authorities.
Chen’s case, like so many others in China, reminds us how incomplete Chinese legal reform has been.
That would help to ensure that three decades of legal reform is more bone and sinew than running water.
Finally, Obama’s Quaker-meeting approach to legislating health-care reform has produced, of all things, health-care reform.
This would entail reinstating pay-as-you-go rules and establishing an independent commission to submit to Congress amendment-proof (and filibuster-proof) recommendations for tax and expenditure reform.
But Obama needs to provide stronger leadership on financial reform, where, as with health care, there is a welter of conflicting proposals.
First, unlike health care, where we can afford to proceed incrementally, the need for comprehensive financial reform is pressing.
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