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Reforms in sentence

4494 examples of Reforms in a sentence

Regardless of the president’s political slant, if the FA remains in office, the social-democratic reforms of recent years are likely to continue, although with different emphases and considerable variations imposed by the economic cycle and the government’s political resources.
President Jacques Chirac launched important reforms such as redeploying French military forces in Africa, and restructuring how France distributes aid.
MILAN – Italy’s inconclusive general election, with its clear populist drift, will likely lead to a prolonged period of political stalemate, freezing the adoption of much-needed structural reforms.
Ideally, Italy should reverse the brain drain by adopting the necessary reforms to retain and re-attract its own talent.
Germany, struggling with the burdens of reunification, undertook structural reforms and became more competitive.
That is why successful reforms often do not travel well.
Reforms, after all, are not hothouse plants that can be transplanted at will in any soil.
What we need is selective, well-targeted reforms, not a laundry list.
But it could help create the political and fiscal space for inclusiveness-oriented policy reforms.
Political will and powerful messaging will be needed to spur the ambitious social and economic reforms, together with the kind of international cooperation, that will be needed to take advantage of opportunities for inclusive growth.
Macron’s reforms aim at increasing what is euphemistically called labor-market flexibility.
The proposed reforms would make it easier for firms to dismiss employees, decentralize bargaining between employers and workers in small firms (by eliminating sector-level agreements), and introduce a ceiling on indemnity for wrongful dismissal, providing firms relief from the unpredictability of damages awarded through arbitration.
Moreover, the reforms remove a requirement that linked mass layoffs at large companies to such firms’ global profitability; companies will now be permitted to fire workers solely on the basis of domestic profitability.
The logic behind Macron’s labor-market reforms has driven the structural-reform agenda of policy economists and international institutions ranging from the International Monetary Fund to the OECD during the last three decades.
This ambiguity explains why it has proved difficult to establish a clear empirical relationship between employment protection and labor-market performance, despite the enthusiasm of many economists and policymakers for flexibility-enhancing reforms.
The comparative record gives us little confidence that the French reforms will produce a boost in employment.
Might reforms that increase labor-market flexibility give French industry a similar lift?
Psychology may eventually play a greater role than the details of the reforms themselves.
The economics of the reforms suggest that they are unlikely to make a big difference on their own.
So, whether Macron likes it or not, his presidency is likely to be judged by the economic and political repercussions of his labor reforms.
The Western Balkans Summit last month was a positive step, provided that the countries still eager to join the EU do not lose sight of the need to enact deep reforms.
Investors like to fantasize of economic reforms carried out by a post-Rousseff government headed by current Vice President Michel Temer and supported by Temer’s PMDB and parts of the opposition Brazilian Social Democracy Party of former president Fernando Henrique Cardoso.
Such a government would be an improvement over the current one, but it might not have the will – or the votes in Congress – to pursue economic reforms.
Unfortunately, the political economy of most structural reforms – with their front-loaded costs and back-loaded benefits – implies that they occur only slowly.
Accordingly, these reforms “are going to prove inapplicable outside the US and so create difficulties of international coordination.”
To be fair, some reforms – including tax, regulatory, and health-care measures – will help to restore balance without imposing large additional costs on the public sector.
As I write these lines, the Greek government is presenting the European Union with a set of proposals for deep reforms, debt management, and an investment plan to kick-start the economy.
But, if Greece is to implement these reforms successfully, its citizens need a missing ingredient: Hope.
Little has changed since Italian economists Alberto Alesina and Francesco Giavazzi noted, nearly a decade ago, that, “Without serious, deep, and comprehensive reforms, Europe will inexorably decline, both economically and politically.”
Fundamental economic reforms are usually implemented only after a severe crisis, as was the case in Britain in the late 1970s, in Sweden and Finland in the early 1990s, and in Eastern Europe after the collapse of communism in 1989.
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