Subsidies
in sentence
1415 examples of Subsidies in a sentence
Although the French-speaking Belgians started the European Industrial Revolution in the nineteenth century, they are now living in a deprived rustbelt in need of federal subsidies, a substantial amount of which comes from taxes paid by the more prosperous, high-tech Flemish.
The EU partly shares America’s strategic objective here, because it, too, has grievances against emerging powers in terms of market access, compliance with intellectual-property rights, access to government procurement, and
subsidies
to state companies.
Though Ukraine’s economy is collapsing, the government maintains excessive spending on
subsidies
that are incompatible with IMF aid.
Though the tourism industry is likely to be moribund for some time, Russian
subsidies
may leave Crimeans relatively better off, especially from the perspective of their ethnic kin in eastern Ukraine.
Countries such as India and China stabilize retail energy markets through government-financed
subsidies
to keep price down for consumers.
The costs of these
subsidies
had become quite massive as oil prices peaked, and many countries were already looking hard for ways to cut back.
Thus, as oil prices have fallen, emerging-market governments have taken advantage of the opportunity to reduce the fiscal
subsidies.
Thus, low prices should continue to support growth, even if emerging-market importers continue to use the savings to cut
subsidies.
Only where
subsidies
were drastically curtailed, and the market unleashed, has production started to revive as new businesses began to pick up the slack.
They might have to abolish mis-targeted
subsidies
to free up resources for more targeted and efficient anti-poverty and job-creation programs.
We could not afford to raise salaries or provide
subsidies
for everybody.
Yet we recognize that continuing to pour trillions of dollars into carbon-based infrastructure and fossil-fuel
subsidies
is like investing in sub-prime real estate.
China’s future prosperity requires restricting government officials’ administrative discretion, reducing state-owned enterprises’ power and subsidies, and strengthening the rule of law by developing an independent judiciary.
It is the remaining 20%, involving technology and industrial subsidies, that are non-negotiable for China.
The failure of private firms that lack access to
subsidies
or affordable financing deters others from innovating and challenging the status quo.
Meanwhile, SOEs – which can invest in excess capacity, record net losses (often through corruption and incompetence), and count on government
subsidies
– never face a reckoning.
Massive
subsidies
are needed to finance the raw material inputs of state companies, and these consume the bulk of the government's oil revenues (10% of GDP).
Subsidies
combined with a bloated civil service (there are over 2 million state employees) generate chronic budget deficits, estimated at 5% of GDP in 1998-99.
Rapid demographic decline has been brought to a halt since the turn of the century (a time when coffins outnumbered cribs by seven to four), as generous government
subsidies
for a third child have boosted the fertility rate from its 1999 low of 1.16 children per woman to 1.58 in 2010.
Fourth, channel aid through the central government budget, or through local authorities, so that officials can acquire legitimacy by providing services and infrastructure, and provide
subsidies
and price-support programs to replace poppies with licit crops such as cotton, which was produced in the past.
Other policies – including universal pre-school education and universal health care – may even promote overall economic growth while reducing inequality, especially if they are financed by efficiency-enhancing measures such as the elimination of fossil-fuel
subsidies
(and, preferably, their replacement with a tax).
The original rationale for agricultural
subsidies
was largely to help small farmers, but the main beneficiary has long been agribusiness.
Mortgage
subsidies
contributed to the subprime loan crisis, without even primarily helping lower-income families.
Of the more than $400 billion that countries spend on fossil fuel
subsidies
each year, for example, far less than 20% of the benefits go to the poorest 20% of the population.
“Yes” to the EITC and pre-school education; “no” to
subsidies
for oil, agriculture, and mortgage debt.
China is brutally ordered – outside any multilateral framework – to import more, export less, cut subsidies, refrain from purchasing US tech companies, and respect intellectual property rights.
Inefficiencies were masked by generous
subsidies
from the national treasury, and a combination of vested interests – socialist ideologues, bureaucratic managers, trade unions, and monopolies – kept it beyond political criticism.
The only economic policy put into effect took the form of industrial
subsidies.
Modi pledged to make the tough decisions that the UPA could not, weaning Indians from the statist culture of “doles” and subsidies, while pursuing bold policies aimed at spurring economic growth and job creation.
Instead of eliminating this system, as expected, Modi’s government has augmented
subsidies
for sugar exports to support higher output, raised import duties on sugar to discourage foreign competition, and increased the percentage of sugar-based ethanol that must be blended with petrol.
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