Reforms
in sentence
4494 examples of Reforms in a sentence
Western capitalist societies, especially the United Kingdom and the United States, are currently in the process of spooling time backward to the pre-Victorian era, for the benefit of a small group of elites that excludes the working and middle classes who benefited most from the Victorians’ social, economic, and political
reforms
– let alone the poor.
Without monetary policy, fiscal policy or supply side reforms, how else can Japan return to growth except by a depreciation-driven export boom?
Central American leaders could implement limited banking
reforms
to offer incentives to emigrants to save remittances and invest in their home countries.
Only time, implementation of the policy and systemic
reforms
to be revealed this fall, and actual economic performance will settle the matter one way or the other.
To this end, Turkey’s governments since 2002 implemented bold economic
reforms
that paved the way for sustainable growth and provided a firewall against the financial crisis that hit in 2008.
These
reforms
transformed Turkey into a vibrant democracy and a more stable society, at peace with itself and able to view its external environment in a different light.
Increases in civil service salaries are not a sufficient policy response; structural
reforms
also are needed.
For example, although in Peru corruption was pervasive elsewhere, government
reforms
that lowered tax rates managed to increase tax revenue from 8.4% of GDP in 1991 to 12.3% in 1998, and increase the number of taxpayers from 895,000 in 1993 to 1,766,000 in 1999.
Actual expenditures would remain under the IMF’s control and subject to the implementation of far-reaching structural
reforms.
More flexible pension arrangements, legal reforms, and media and education campaigns aimed at shifting employers’ perceptions of older workers will allow individuals to keep working for longer.
Until the financial
reforms
adopted since the crisis, this “shadow” banking system operated outside the regulatory regime that applied to traditional deposit-taking banks.
Under his leadership, Italy lost many years when its government should have been pursuing critical
reforms.
Policymakers would be tempted to resort to helicopter money whenever growth was not as strong as they would like, instead of implementing difficult structural
reforms
that address the underlying causes of weak economic performance.
Reviving conservation, management, and distribution efforts could reduce water consumption and increase efficiency, but these measures need to be combined with radical
reforms
to speed the transition away from oil dependence to a zero-carbon renewable-energy infrastructure.
The key
reforms
for the IMF remain (1) improving governance by reducing European representation while increasing that of Asia, and (2) focusing the Fund’s mission on monitoring and surveillance rather than as a direct provider of bailout loans.
Reforms
that increase the flexibility of the labor market are also in order.
As long as China continues to pursue pro-market reforms, it will remain the largest single-country contributor to global GDP growth over the medium term – unperturbed by stock-market volatility.
If
reforms
stall, falling stock prices are likely to be the least of China’s worries.
France’s solid economic foundation furnishes it with the means to face up to the
reforms
that it urgently needs.
This is particularly regrettable, given that there is a broad consensus regarding the technical components of the required policy response: structural
reforms
to revamp growth engines, efforts to rebalance aggregate demand, and the elimination of debt overhangs.
To be sure,
reforms
are – and always will be – subject to harsh criticism, with old Kemalist elites clinging to the unitary and secular republican tradition and Kurdish nationalists seeking to eliminate all expressions of Turkish national identity from the political culture.
He embraces the logic of
reforms
that are possible within a multi-party democracy, and he believes in the critical role that dialogue and compromise play in the pursuit of genuine progress.
These structural
reforms
are much more important than fiscal targets, both in symbolic terms for the rest of Europe and for the Greek economy.
Renzi’s leadership, too, was brought down in similar fashion: by tying his political fate to a referendum on much-needed constitutional reforms, he turned the vote into an assessment of his government.
If it remains on course with economic reforms, India will be one of the fastest growing economies in the world in the next few years, and will become one of the premier locations for foreign investment.
Only when India chose a course of market
reforms
in the mid-1980s did the outlook improve.
Because of its poverty, its complexity, and its vastness (even national elections have to be held over the course of several weeks, to accommodate hundreds of millions of voters), the uptake of market
reforms
has been gradual, but also remarkably resilient to shocks.
But the remarkable underlying truth is that each new government endorsed the direction of globalization and market reforms, so much so that the basic reform direction is now a national consensus of virtually every major party.
If the national consensus around
reforms
is sustained and enlarged, two great goals could be met.
Despite long-standing political obstacles to some of these reforms, this may be the best and most likely moment for a political breakthrough.
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