Reforms
in sentence
4494 examples of Reforms in a sentence
The continent’s most successful economy, Germany, insists that its partners follow its brand of fiscal conservatism, choking off the growth that would make painful
reforms
easier to implement.
And it will be nearly impossible to convince European taxpayers and governments to provide further billions of euros without verifiable guarantees and the necessary
reforms.
Because his predecessor Hu Jintao lacked sufficient political capital to do likewise, China followed a largely passive path for a decade, pursuing conciliatory diplomacy (which enraged its citizens) and economically conservative strategies (which included suspending necessary reforms).
But even the best-designed system cannot work if there is a dearth of competent personnel to run it – a limitation highlighted by Xi’s push for economic
reforms
in his first term as president.
Politicians simply prefer to keep the burden on monetary policy and avoid pursuing difficult or unpopular policies – including structural reforms, debt restructuring, and the recapitalization of banks – aimed at boosting market access and flexibility, even if it means undermining medium-term growth.
It is past time for political leaders to show more courage in implementing structural and social-security
reforms
that may impede growth for a time, but will stabilize their countries’ fiscal position.
Wikileaks also asserts that its leaks have already been the catalyst for “hundreds of reforms,” and that “[o]pen governance is the most effective method of promoting good governance.”
Domestically, an ambitious and difficult program of long-awaited reforms, which a majority of French citizens recognize are inevitable, has begun, with some early results in the field of labor law and education.
For a president bent on implementing reforms, “less can be more” – less aggressiveness and less ego.
It was his ambition to subject the country to truly far-reaching social and political
reforms
that sealed his downfall and also brought about this new trial, which appears intended to silence him for good.
And we know how to do that: accommodative monetary policy; fiscal adjustment in all advanced economies that includes concrete and realistic plans to reduce debt over the medium term, but does not undercut short-term growth; completing the banking-sector cleanup; and
reforms
to boost productivity and growth potential.
But momentum is flagging, both on implementing the agreed
reforms
and on progress in areas like derivatives and shadow banking.
I have announced that I intend to contest this upcoming presidential election as a way of opening debate on these essential
reforms.
In the years ahead, such firms are likely to press for economic
reforms
at home, serving as a force for increased integration of their home countries into global trade and finance.
The euro represents the dollar’s strongest competitor, so long as the eurozone successfully addresses its current sovereign-debt crisis through bailouts and longer-term institutional
reforms
that safeguard the gains from a long-running single-market project.
But, unlike the obsession with “competitiveness,” such
reforms
would lead Europe onto the path of sustainable growth.
But, rather than risk a full-scale crisis by blocking Italy’s 2019 budget, the European Commission would do better to push for more focused structural
reforms
in 2020, after the coalition parties have met their campaign promises.
He even commissioned a study for the UN to analyze why “green revolutions” – agricultural
reforms
in Asia and Latin America that lifted millions out of poverty and accelerated economic transformations – had bypassed Africa.
The oracles of optimism predict that the PRI will be forced to enact the structural
reforms
that it has blocked time and again over the years.
It opposes necessary structural
reforms
in order to defend its clients’ rent-seeking practices; rejects citizen candidacies in favor of unaccountable party elites; recoils from union modernization, owing to the corporatist practices that it implemented; and refuses to dismantle the monopolies that it established.
But, because many countries have relatively low tax-to-GDP ratios, mobilizing domestic resources for development spending can be difficult and may require international cooperation to design and implement fiscal
reforms
to maintain macroeconomic stability while improving socioeconomic health.
Of course, a multitude of political reforms, each with potential positive implications for welfare, could reduce the extent of inequality further.
With the support of an IMF program, the new government continued the
reforms
initiated by its predecessor, and the program’s success surpassed all expectations.
In most foreign-exchange crises, the afflicted country’s government can turn to the IMF and other countries for financial support as it pursues necessary
reforms.
It would guarantee that creditors share in the upside of the
reforms
that the eurozone must implement to guarantee its own viability.
And Europe’s troubled economies have been slow to undertake structural reforms; improvements in competitiveness reflect wage and salary cuts, rather than productivity gains.
Defusing it will require less austerity, more demand stimulus, greater investment support, deeper reforms, and meaningful progress toward economic and political union.
But the country’s social and economic divisions will ultimately find political solutions, through elections and the efforts of millions of Americans to achieve fundamental
reforms.
Alternatively, leaders can listen to their critics and adopt a balanced, two-handed approach that applies both supply-side
reforms
and supportive demand-side measures to the challenge of ending Europe’s malaise.
As China continues to implement market-oriented reforms, the prices of non-tradable assets – such as property, natural resources, utilities, services, and wages – will continue to rise much faster than in the OECD countries, until they eventually converge.
Back
Next
Related words
Structural
Economic
Growth
Would
Political
Countries
Government
Their
Which
Needed
Fiscal
Economy
Implement
Financial
Should
While
Country
Policy
Other
Market