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Reforms in sentence

4494 examples of Reforms in a sentence

Latin America, however, will likely converge only very slowly in the absence of major structural reforms that increase its ability to invest and improve the quality of education.
The success of the various “color revolutions” in former Soviet-bloc countries also ignited change in Moldova, where President Vladimir Voronin launched reforms aimed at moving closer to the EU.
But, at this point, even if African policymakers were to accelerate and implement the right reforms, the accelerating pace of automation would still undermine industrialization.
Though Fischer recognized the perils of free-flowing capital, he argued that the solution was not to maintain capital controls, but to undertake the reforms required to mitigate the dangers.
Capital controls by themselves are no panacea, and they often create worse problems, such as corruption or a delay in needed reforms, than they solve.
We live in a second-best world where policy action is almost always partial (and partially effective), and well-intentioned reforms in one area may backfire in the presence of distortions elsewhere in the system.
But, for the most part, fiscal and monetary policies have so far not followed leaders’ rhetorical promises of deep structural reforms and redistribution to favor the indigenous and the poor.
As a result, the new generation of leaders cannot introduce drastic structural reforms, badly needed in several countries, in a way that jeopardizes macroeconomic stability – without which none of their promises can be fulfilled.
Of course, no one elected Monti, and his position is fragile and already contested, but there is a positive near-consensus that has allowed him to launch long-overdue structural reforms.
For example, France consistently vetoes reforms of the EU Common Agricultural Policy.
Reforms targeting labor policy, the investment climate, social insurance, competition, education, and infrastructure created a more inclusive and more sustainable growth model by spreading purchasing power, which supported aggregate demand and reduced vulnerability to investment-driven booms and busts.
Some critics even charge that increased corruption exposes the failure of economic reforms, particularly privatization.
If only reforms were slower, corruption would not have grown as much.
The critics are right that with slower reforms there would be less corruption.
If none of this were happening, there would be much less corruption, but we would not call reforms a success.
Actually, the rise of corruption shows that reforms have been too slow, since governments continue to have massive power over business.
It is none too soon to accelerate reforms, since the bureaucrats are busying expanding their power and incomes.
The lesson here is to fight corruption, market reforms must move faster than the bureaucrats.
But are these reforms even feasible?
To get market reforms through, privatization built coalitions against the bureaucracy.
An ex ante debt restructuring that reduces the size of any new loans and renders the debt sustainable before any reforms are implemented stands a good chance of crowding in investment, stabilizing incomes, and setting the stage for recovery.
Indeed, despite Renzi’s promise to implement reforms aimed at rejuvenating the country’s economy and institutions – the platform on which he won power in 2014 – some 90,000 Italians under the age of 40 have since left.
Given the headwinds of a sluggish world economy and the legacy of a long recession, however, reforms will be difficult to implement.
The impact was greater in countries that had a history of structural fiscal problems, maintained loose fiscal policies, and ignored fiscal reforms during the boom years.
So the question is whether these euro-zone members will be willing to undergo painful fiscal consolidation and internal real depreciation through deflation and structural reforms in order to increase productivity growth and prevent an Argentine-style outcome: exit from the monetary union, devaluation, and default.
They can all be fixed by means of modest reforms.
But the specter of rising corruption is compromising the legitimacy of their economic gains and eroding support for further reforms needed to sustain their growth momentum.
Rising income inequality is hardly limited to emerging markets, but their combination of open corruption and pervasive inequities creates a toxic brew that is undermining support for reforms that would strengthen and consolidate their economic gains.
European officials are right to promote structural reforms of EU countries’ labor and product markets.
European health-care regulators are often hesitant to implement structural reforms.
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