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Reforms in sentence

4494 examples of Reforms in a sentence

Moreover, only fifteen years ago, eight of the ten new members had state-controlled economies, which meant that a period of painful transition toward a market economy was followed by, or overlapped with, sometimes painful reforms necessary for EU membership.
In the Czech Republic, Hungary, and Poland, the task of completing such difficult reforms just before crossing the "finish line" fell to socialist parties, forcing them to betray their socialist identity in the eyes of leftist voters.
It took it upon itself not only to meet EU membership criteria, but also push forward with other painful reforms.
Those who hope for further progress on economic reforms in Central Europe will have to wait.
The problem is no longer too much power in the president’s hands, but too much power in the hands of “veto centers” – including public-sector unions – that are blocking much-needed reforms, including in the health system.
But Greece’s government needs to understand that other eurozone members will not be willing to accommodate its demands if it means delegitimizing their own painful reforms.
But even if there were no troika and no monetary union, Greece would urgently need far-reaching reforms to get back on its feet.
To square the circle, Macron needs growth, and he is relying on supply-side reforms to deliver it.
In fact, the likelihood is that such reforms will sink all boats, giving the populists their chance.
For its part, Singapore is increasingly seeing the effects of a decade of regulatory reforms, including government grants and tax incentives to encourage foreign investment in the technology sector.
North Korea now should follow the examples of Vietnam and China, pursuing reforms like deregulation, liberalization, privatization, and macroeconomic stabilization, while developing a new legal system and new institutions.
While North Korea does not have the agricultural base that initially spurred reforms in China and Vietnam, geographical advantages like natural seaports and rich mineral resources enable it to pursue export-led growth.
The SGP's fundamental problem is that it must strike a balance between two contradictory goals: it must retain bite against excessive debt accumulation, yet it must also give governments more maneuvering room to enact structural reforms and restore Europe's competitiveness.
As it stands, the SGP is an obstacle to such reforms.
The reason is that structural reforms tend to pay off in the long term, but cost money in the short term.
To overcome the SGP's bias against structural reforms, the European Commission asked at this last Ecofin meeting for more discretion and to put more emphasis on (explicit) debt: countries with a lower debt-to-GDP ratio would have greater freedom in fiscal policy.
So, can the SGP be made to work in favor, rather than against, structural reforms, without abandoning the rules-based approach of the SGP?
The key is to select some comprehensive but operationally precise indicators of structural reforms, and then apply the same idea suggested by the Commission for public debt: countries that are making more progress on these indicators can get more leeway on their budget deficit.
There is also a more fundamental reason to focus on future variations in the stock of pension debt associated with pension reforms: the EU has no business interfering with pension liabilities of individual member states.
The good news is that these surveys ( www.frdb.org ) suggest that better-informed citizens are more supportive of reforms and official estimates of the implicit pension debt would increase the transparency of the intergenerational redistribution implicit in pay-as-you-go systems.
Thus, governments stand to gain stronger political support for reforms that cannot be postponed any longer.
But the making of Morales as a leader able to combine these three dimensions reflects two institutional reforms in the 1990’s that expanded social participation and opened up opportunities for new leaders and political movements.
Third, India’s rank in the World Bank’s “Ease of doing business index” fell from 116th out of 189 countries in 2006 to 134th in 2013 – clear evidence of stalled reforms.
Here, again, it is not as if large, comprehensive reforms are required.
All of this is well known; what is needed now is the will to undertake such reforms and a mechanism for oversight and accountability to ensure that the bureaucracy implements them quickly and effectively.
To ensure a safe and prosperous future, French voters must support a person of authority, wisdom, and experience, who is willing and able to undertake urgently needed reforms without exacerbating social divisions – someone wholly unlike Marine Le Pen.
Postponing structural reforms eventually constrains any economy’s performance, as we saw in Japan in the 1980’s and 1990’s.
But the political reality is that China’s government favors rapid growth in the short run over the structural reforms needed to sustain long-term economic performance.
Focusing squarely on structural reforms would allay some of the fears that China’s rise has inspired in the rest of the world, while winning praise from the international business community.
China has it within its power to stabilize its exchange rate via credible reforms, particularly policies that redirect resources to invigorate domestic demand and pull resources toward the newer high-value sectors.
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