Reforms
in sentence
4494 examples of Reforms in a sentence
The
reforms
needed to secure these objectives are not easy, and change will not happen overnight.
Once deemed the “Tibet of Latin America” because of its excessive protectionism and intolerable isolation, Colombia embarked on market-based
reforms
- the “apertura” - which Chile, Mexico and Argentina were then experimenting with.
At the height of the crisis, debates raged over fiscal, political, and banking union; but, as the distressed countries’ bond yields have fallen,
reforms
have become increasingly unambitious.
First, any comprehensive package of structural
reforms
can be implemented only if austerity is relaxed.
By contrast, minimizing the primary-surplus target would encourage the government to pursue structural
reforms
and help restore Europe’s image for ordinary Greeks, thereby countering the populist, conspiracy-theory arguments that are sabotaging negotiations.
The same holds true for further
reforms
of the labor market, which has been liberalized significantly in recent years, amid rapidly declining real wages.
Medium-term
reforms
should include the establishment of specialized courts and the promotion of alternative dispute-resolution mechanisms.
But these countries were already more flexible and, in some cases, undertook strong
reforms.
In Greece, by contrast, there is no evidence that the many structural
reforms
imposed by the “troika” (the European Commission, the European Central Bank, and the International Monetary Fund) have led to any real improvement on the ground.
The dominant ideology of government non-intervention naturally intensifies resistance to change among the losers from globalization and technology, and creates overwhelming problems in sequencing economic
reforms.
Conversely, if populist opposition makes structural
reforms
impossible, this encourages conservative resistance to expansionary macroeconomics.
France’s new president, Emmanuel Macron, based his election campaign on a synthesis of “right-wing” labor
reforms
and a “left-wing” easing of fiscal and monetary conditions – and his ideas are gaining support in Germany and among European Union policymakers.
In short, when the EU brings subsidies, it receives congratulations; but when it pushes for unpopular reforms, it becomes the scapegoat for political, social, and economic failures.
Aside from ignorance of the Lisbon Strategy among the public and inaction on long-term
reforms
among the member states, a second problem concerns the lack of acceptance of the virtues of competition – the most effective way to ensure quality, innovation, and low prices for consumers.
The modern sense of building a pan-Asian community began with the traumatic East Asian financial and economic crisis of 1997, when all the countries of the Asia-Pacific region learned the hard way that national
reforms
and protections could turn out to be woefully inadequate.
When Vietnam launched free-market
reforms
in the 1980’s, senior government officials pored over his writings.
An Economic Ultimatum for the Arab WorldWASHINGTON, DC – If Middle Eastern countries do not start making real progress on fundamental political and economic reforms, further regional turmoil is inevitable.
And, ultimately, Arab states’ economic
reforms
will succeed only if citizens gain a more powerful voice in governance.
Symmetrical reflation is the best option for restoring growth and competitiveness on the eurozone's periphery while undertaking necessary austerity measures and structural
reforms.
The bitter medicine that Germany and the ECB want to impose on the periphery – the second option – is recessionary deflation: fiscal austerity, structural
reforms
to boost productivity growth and reduce unit labor costs, and real depreciation via price adjustment, as opposed to nominal exchange-rate adjustment.
Unless they abandon asymmetric adjustment (recessionary deflation), which concentrates all of the pain in the periphery, in favor of a more symmetrical approach (austerity and structural
reforms
on the periphery, combined with eurozone-wide reflation), the monetary union's slow-developing train wreck will accelerate as peripheral countries default and exit.
Such an agenda includes simple measures, like reducing fees for visas, and more complex reforms, like allowing migrants to switch employers without penalty and increasing the proportion of migrants who enjoy legal protections and labor rights.
Governments eventually pursued revolutionary
reforms
of labor laws and other social-welfare measures.
As Brad Setser of the Council on Foreign Relations explains, the oversight board justifies its optimism by assuming – implausibly, in our view – that the plan’s proposed structural
reforms
for the 2021-2023 period will deliver extraordinarily large gains.
These advances are the result of audacious institutional
reforms
and the government's sustained and increased investment in social programs.
Institutional
reforms
meant the government could no longer use public resources with the same discretion as before.
With slow growth and stalled economic reforms, financial markets were about to write off Mexico as a lost cause.
In pursuing them, Varoufakis felt empowered by the scale of Syriza’s electoral win and compelled by economic logic to press three issues that many economists believe must be addressed if sustained growth is to be restored: less and more intelligent austerity; structural
reforms
that better meet social objectives; and debt reduction.
If Greece is to have any realistic chance of long-term economic recovery and meeting its citizens’ legitimate aspirations, policymakers must recast the country’s austerity program, couple pro-growth
reforms
with greater social justice, and secure additional debt relief.
On those visits, I witnessed firsthand the commitment of the continent’s leaders to undertake
reforms
and boost investment in education.
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