Subsidies
in sentence
1415 examples of Subsidies in a sentence
Government investment in protecting these natural assets was essential, which meant eliminating
subsidies
for the cattle industry and perverse incentives for agrarian reform.
With
subsidies
and negative incentives gone, Costa Rica’s cattle population dropped by a third, taking pressure off grazing lands.
Removal of
subsidies.
Though these
subsidies
are politically difficult to eliminate, they should be replaced by cash transfers, which can now be done efficiently in India, owing to a remarkable new system of fingerprint-based cash transfers.
Smart government policies, such as
subsidies
or tax breaks for ICT purchases, boost adoption by helping users who would not otherwise be able to afford them.
Cut fossil-fuel
subsidies.
The OECD estimates that fossil-fuel
subsidies
in member countries amounted to $55-90 billion annually from 2005 to 2011.
And the International Energy Agency estimates that in 2012 fossil-fuel
subsidies
worldwide grew to $544 billion.
Most of these
subsidies
should be scrapped; the energy industry does not need more state aid to burn fossil fuels (and, in developing and emerging economies,
subsidies
are a grossly inefficient and probably unnecessary way to help the poor).
The governments of Switzerland and Singapore can hardly be called liberal, but they have undertaken similar measures on wages and
subsidies.
On the left, Labour Party leader Jeremy Corbyn seems to welcome a return to 1970s-style
subsidies
and state aid.
That, together with policy subsidies, has created monopoly rents that are subject to capture by small interest groups.
Their agenda is a no nonsense hanging of the corrupt, a restoration through state
subsidies
of industrial (for large numbers of people) jobs, paying equal wages to everybody, and stopping crime by clamping down hard on the streets.
Japan’s longtime approach to industrial policy, in which the Ministry of International Trade and Industry provided support and
subsidies
for selected industries, helping them to compete in world markets, is now obsolete (indeed, MITI’s role was taken over by the Ministry of Economy, Trade, and Industry in 2001).
According to the International Energy Agency (IEA), solar, wind, wave, and bio-energy produce just 9.8% of electricity in the OECD, and this is possible only because of huge subsidies, cumulatively totaling more than $160 billion this year.
Their backing includes not only arms, but also financial
subsidies
that enable Hezbollah to buy popular support.
To this day, the EU budget is overwhelmingly devoted to the Common Agricultural Policy, the system of
subsidies
and other measures to support the sector.
The main beneficiaries of free trade and technological change must actively compensate the losers through taxation, subsidies, and employment support.
Putin now favors protectionism, state intervention, and
subsidies.
These
subsidies
are dangerous; they encourage excessive risk-taking and very high leverage – meaning a lot of debt relative to equity for each bank and far too much debt relative to the economy as a whole.
China’s major cities have created and implemented policy packages aimed at supporting innovative start-ups, as well as a series of measures to attract talent, including individual tax incentives, home-purchase subsidies, and attractive health-care and education benefits.
In Egypt,
subsidies
were still above 10% of GDP in mid-2016, suggesting a return to the old authoritarian bargain whereby citizens abstain from political participation in exchange for government economic support.
Now, to qualify for the IMF’s assistance, Egypt has committed to reducing its
subsidies
and instituting a value-added tax.
But, in order to prevent negotiations from stalling over sensitive topics, such as
subsidies
and food safety, key political actors should first convene to resolve core differences.
The truly contentious issues – genetically modified (GM) food, subsidies, and intellectual-property rights – should be raised with the key political actors now, not later.
Indeed, there have already been grumblings from France about agricultural reform and cultural
subsidies.
For starters, bipartisan proposals for premium support, with seniors receiving
subsidies
to purchase private health insurance, should be implemented.
Moreover, these trade agreements are often asymmetric--the North insists on the South opening markets and eliminating subsidies, while it maintains trade barriers and subsidizes its own farmers.
For example, following the “polluter pays” principle, they include the elimination of tax breaks and
subsidies
for polluting industries.
Key steps here include creating incentives for a broad transition to non-polluting sources of energy; ending
subsidies
and tax breaks for polluters; rewarding recycling, re-use, and repair; replacing hazardous materials with safer substitutes; and encouraging both public and active transportation.
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