Reform
in sentence
4628 examples of Reform in a sentence
These are modest proposals, because, when it comes to pro-growth
reform
in Europe, there is no magic bullet.
I am not defending the antiquated European social-security systems, which are badly in need of reform; but I am concerned about the reduction in social provision, both in Europe and America.
In the long run, the US and EU should support civil society organizations in pressing Moldova’s government to guarantee more equitable distribution of television time, to stop police harassment of opposition political leaders and workers as well as journalists, to
reform
the police and end the ruling party’s abuse of state institutions, and to allow all political parties more opportunity to inspect election rolls and monitor polling stations.
Of course, some discussion of financial-sector
reform
is taking place in a variety of forums, with a gradual consensus building around sliding or incremental capital-adequacy rules.
Now is the moment to launch an analogous effort to
reform
and rationalize the political process that produces fiscal policy.
A comprehensive and consistent
reform
plan was already included in then-President Vladimir Putin’s own economic agenda at the beginning of his first term in 2000.
The so-called Gref Program (named after former Minister of the Economy German Gref) foresaw many of the reforms that are vitally needed – privatization, deregulation, accession to the World Trade Organization, and
reform
of the government, natural monopolies, and social security.
Even the recently announced privatization of non-controlling stakes in the largest state-owned firms – while timely and laudable – will not create an irreversible commitment to
reform.
The “70-80” scenario will preserve the status quo, but eventually the economy will reach a dead end, at which point the only choice will be genuine economic
reform
or decline and dangerous civil disorder.
Europe, for its part, needs political
reform
at the level of the European Union.
Sighs of relief greeted EU leaders’ mid-year agreement on a
Reform
Treaty aimed at overhauling the Union’s decision-making mechanisms, but it is still uncertain whether the new pact will survive the ratification process in 27 countries.
And without structural reform, there is little chance that the Greek economy will see sustained stability and growth – not least because official lenders are unwilling to continue extending an unreformed Greece significantly more money than it is asked to pay.
That a country must take ownership of its
reform
program is not a new lesson.
Their conclusion, in essence, was that the government’s failure to embrace the
reform
process fully all but guaranteed that its program would not work.
Recently, opponents of structural
reform
have put forward more exotic objections – most notably the problem caused by deflation when policy interest rates are at zero.
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.
Vague references to “structural reform” should ideally be banned, with everyone forced to specify which particular reforms they are talking about and the timetable for any benefits that are achieved.
One thing is certain: Relying on structural reform, on purely monetary policies, or on the fiscal policies available to governments that believe that all deficits must be financed with debt will not reverse the world’s chronic deficiency of nominal demand.
Two conditions were put to the Turkish government: a comprehensive legal
reform
aimed at reinforcing the rule of law and human rights, and approval of the Adaptation Protocol of the Ankara Agreement, which extends the customs union with the EU to all new member states, including the Republic of Cyprus.
Turkey has met these conditions: the legal
reform
entered into force on June 1, and the Protocol was signed on July 29.
Finally, like all candidate countries, Turkey also receives financial and technical assistance in support of ongoing
reform
programs.
The second problem with emerging-economy forecasts was their failure to account for the vigor with which vested interests and other political forces would resist
reform
– a major oversight, given how uneven these countries’
reform
efforts had been prior to 2008.
NATO should state explicitly that Ukraine will not become a member, while the EU should keep open the possibility of membership for Ukraine as an incentive for domestic
reform.
The US House of Representatives has passed a
reform
bill that would prevent mutual-fund market-timing abuses.
Last year, former External Affairs Minister Natwar Singh disclosed that it was actually then-Prime Minister Narasimha Rao, a shrewd and experienced Congress veteran, who pushed India’s economic
reform
and restructuring.
Not only has economic
reform
come to a virtual standstill since he took office, but he has also acquiesced to all of Gandhi’s demands, legitimate or otherwise.
For the EU, it would be healthy if Merkel were to continue revitalizing the Franco-German axis, thereby opening the door to EU-level
reform.
Will Greece, the twenty-first century’s “sick man of Europe,” persist in refusing to
reform?
But to realize that potential requires both stability and genuine
reform.
CAMBRIDGE – Health-care
reform
is the major policy issue commanding attention in the United States.
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