Subsidies
in sentence
1415 examples of Subsidies in a sentence
Such policies include
subsidies
that favor state-owned firms over private firms, leading to waste and lost productivity.
For example, anti-dumping rules could be better harmonized with domestic anti-monopoly rules, and regulations could be created or strengthened to minimize the discriminatory effects of FTAs and to prevent governments from using
subsidies
to state-owned firms to bypass WTO rules.
Untargeted fuel
subsidies
and the public-sector wage bill have increased, crowding out much-needed public investment and relief to poor families, while impeding the development of a dynamic and competitive private sector and limiting new firms’ access to finance.
In several Arab countries, most notably Saudi Arabia, rulers have sought to quell popular discontent by providing a combination of cash, subsidies, guaranteed jobs, and free goods and services.
This also applies to government-created and guaranteed jobs: if a job is indeed productive, its output would be rewarded by other members of society who benefit from it, without the need for government
subsidies
and guarantees.
Not providing insurance and paying the fine is a particularly attractive option for a firm if its employees have incomes that entitle them to the government
subsidies
(which are now available to anyone whose income is below four times the poverty level).
Vested interests – pressure from industries producing traditional building materials – must be overcome, including by ensuring a level playing field in terms of
subsidies.
A second proposal calls on national governments to cut back expensive, wasteful, and poorly targeted domestic energy subsidies, and channel the money they save toward education.
Such
subsidies
cost some $300 billion annually (by conservative estimates) and tend to benefit the wealthy, as they encourage excessive consumption.
Indonesia, for example, trimmed fuel
subsidies
considerably, when its government realized that, in 2009-2013, more money was spent on them than on infrastructure and social-welfare programs combined.
Will you press for Europe and America to eliminate their agricultural
subsidies?
When our research showed that certain policies (like agricultural subsidies) were hurting developing countries, we publicized the findings, helping to redefine the debate.
Though import substitution and
subsidies
were initially successful in igniting industrialization, lack of scale soon hindered efforts (a country of a few million cannot hope to have an auto industry aimed only at the domestic market).
Multilateral lenders like the International Monetary Fund were fixated on fiscal reforms such as reducing costly
subsidies
rather than shoring up a beleaguered economy.
Egypt is the largest wheat importer in the world, and food
subsidies
account for approximately 2% of GDP.
Generous but targeted and performance-oriented social transfers, conditional on participation in health and basic education programs, will have to replace the old, largely untargeted
subsidies.
A 2005 investigation found that the £3 billion ($3.9 billion) in
subsidies
that the UK receives from the CAP went largely to major agribusiness and food-manufacturing companies, such as Nestlé, Cadbury, and Kraft.
Once freed from the flawed CAP, Brexit’s proponents argue, the UK will be able to build a more competitive agricultural sector that better serves farmers and agricultural workers, including by reducing dependence on distorting
subsidies.
In New Zealand, the abolition of
subsidies
in 1984 helped to catalyze innovation and diversification in the agricultural sector, which today drives New Zealand’s economic growth.
It should be noted, however, that New Zealand’s agricultural sector had decades of experience surviving without
subsidies.
In the UK, by contrast,
subsidies
are deeply entrenched and flow to powerful wealthy supporters of the current government.
This may explain why the government’s Brexit strategy proposes sustaining subsidies, to be paid for directly from the British public purse.
To be sure, the abolition of
subsidies
was only one element of New Zealand’s agricultural transformation.
Underlying the private sector’s lassitude is a social contract that has endured for more than 50 years, whereby the state provides public-sector jobs and universal subsidies, in exchange for public quiescence and a lack of accountability.
Rising debt levels are already forcing them to cut public spending, traditionally the main engine of economic growth in the region, and start dismantling universal
subsidies.
The history of the postcommunist transition has been a struggle between reformers who tried to build a market economy and ruthless businessmen, like Gazprom's managers, who thrive on only partly liberated markets, subsidized credits, import subsidies, export rents, and non-payment of taxes.
The two sides agreed “to work together toward zero tariffs, zero non-tariff barriers, and zero
subsidies
on non-auto industrial goods.”
When political leaders meet at the tenth WTO Ministerial Conference in Nairobi in December, they will have an opportunity to move toward meeting one of that goal’s most important targets: prohibition of
subsidies
that contribute to overfishing and illegal, unreported, and unregulated fishing by no later than 2020.
But, even today, countries spend $30 billion a year on fisheries subsidies, 60% of which directly encourages unsustainable, destructive, or even illegal practices.
Rich economies (in particular Japan, the United States, France, and Spain), along with China and South Korea, account for 70% of global fisheries
subsidies.
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