Reforms
in sentence
4494 examples of Reforms in a sentence
Xi will have to follow these measures with legislation that formalizes some of the most critical
reforms.
And herein lies the most important principle that must guide eurozone governance reform: changes must be pursued alongside political
reforms
that strengthen the legitimacy of decisions involving risk sharing among countries.
Beyond that, structural labor-market
reforms
of the kind French President Emmanuel Macron is pursuing would be most welcome.
Unfortunately, I’m afraid that progress on structural
reforms
will be sporadic, at best.
The attempt by opposition parties to impeach South Korea's President Roh Moo Hyun on the flimsiest of excuses;Taiwan President Chen Shui-bian's inability to pass legislation through a parliament controlled by the opposition Kuomintang;Philippine President Gloria Macapagal Arroyo's stalemated first term and the logjam over the fiscal
reforms
needed to prevent a predicted Argentine-style meltdown early in her second: each bears testimony to democratic paralysis in Asia.
This seems especially true when a government tries to enact radical economic or political
reforms.
Europe needs structural reforms, but such
reforms
alone will not end the Continent's malaise, and some measures - those that weaken employment protection or the social safety net - may come at a high price, especially for people at the bottom.
Others argue that Russia put privatization ahead of institutional
reforms
such as establishing a judicial system.
It is a big mistake, in my view, to blame Russia's problems on the "speed" of its economic reforms, especially since there were so few actual
reforms!
The reason for these differences lie not in an excessive "speed" of Russia's reforms, but in geography, structural conditions, and of course politics.
Russia's structural conditions also precluded Chinese-style gradualist
reforms
of the state enterprises.
China, after all, was a peasant society in 1978 when it began its own market reforms: 70% of the Chinese population lived in rural areas; only 18% worked in state enterprises.
In the end, Poland (and several other countries in Central and Eastern Europe) carried out
reforms
honestly and effectively.
Moreover, in contrast to the OECD reforms, the ICRICT recommends public reporting by multinationals on taxes paid in all jurisdictions.
Though liberalizing
reforms
could cure Russia’s ailments, such an agenda is unlikely to be embraced in a corruption-plagued country with an emphatically illiberal leadership.
In focusing on summit declarations and promises of far-reaching
reforms
of EU institutions, investors are missing the real risk: the collapse of public support for, or at least public acquiescence to, the austerity policies required to work down heavy debt burdens – and for the governments pursuing these policies.
Bold, comprehensive
reforms
of the type proposed by the liberal former finance minister Alexei Kudrin are not in the cards.
But any
reforms
they might attempt would necessarily threaten powerful entrenched interests, and thus destabilize the existing balance of power.
The crisis of the traditional centrist parties, which have been essential to building and maintaining consensus in the European Union – even as they have struggled to implement needed
reforms
– is also far from resolved.
Reforms
that would address this cannot be expected in the next few months.
For starters, his proposed
reforms
of eurozone governance have been met with substantial criticism.
Germany, however, has good reason to support Macron’s supply- and demand-side
reforms.
Additional fiscal leeway was needed to smooth the economy’s adjustment to the bold labor-market
reforms
that he was introducing.
The decision to prioritize
reforms
over obstinate rule-following proved to be a good one.
In India, the government’s failure to contain rising prices, pursue structural economic
reforms
vigorously, attract foreign direct investment, advance infrastructure development, manage expenditure, and avoid liquidity crunches underscores the many challenges it faces.
Nonetheless, as their economies mature, both will need to embrace structural change – and to address the challenges of overdue political
reforms.
Funding for these
reforms
comes from the privatization of state assets -- not from aid from abroad.
The resistance to the
reforms
necessary to make the euro project viable, particularly in the area of public finance, was overcome by setting a precise, gradual timetable and clear penalties for missing the deadlines.
These problems notwithstanding, we think the
reforms
associated with the euro were great and well-executed.
The key event will be the final round of the French election on May 7.If this results in a victory for Emmanuel Macron, the centrist front-runner, France will embark on a path leading to at least a modicum of economic
reforms.
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