Subsidies
in sentence
1415 examples of Subsidies in a sentence
In order to reinvigorate multilateral trade cooperation, governments must work together to address unresolved issues from the Doha agenda, such as agricultural
subsidies
and tariff escalation.
Trade in services could be liberalized further, and industrial
subsidies
could prevent countries’ green-innovation objectives from getting lost amid pressure to boost employment at home.
Even when generic-brand essential medicines are available, they often are unaffordable for low-income patients in countries with scant state
subsidies
and no risk-pooling insurance mechanisms.
Indeed, the International Energy Agency estimates that the world paid $84 billion to subsidize solar and wind power last year, and it expects that 25 years from now, we will still be paying about $84 billion in annual
subsidies.
We need to take other actions, too, like ending fossil-fuel
subsidies.
As for the official banking sector, liberalization of interest rates on deposits, scheduled for 2016, will reduce financial repression and implicit investment
subsidies.
Opponents argue that renewables are expensive and dependent on
subsidies.
According to the European Environment Agency, 80% of the total energy
subsidies
in the European Union is paid to fossil fuels and nuclear energy, while 19% goes to renewables.
Indeed, it is nuclear power, not renewables, whose future in Europe presupposes continued massive government
subsidies.
First, we would never have achieved today’s wind and solar costs without large
subsidies
for initially high-cost renewables (up to €0.40 per kWh in Germany).
These
subsidies
drove technical development and large-scale deployment, in turn producing such dramatic cost reduction that
subsidies
are now no longer required.
Italy’s massive public debt and
subsidies
to poorer regions were certainly on these voters’ minds.
Various insurance schemes and government
subsidies
over-stimulate demand for medical services by making the price to consumers artificially low.
Subsidies
of various kinds, all of them legislative achievements of interest groups, account for fully 2.4% of the country’s GDP.
Congressional Republicans have already joined with Democrats to enact “Trump-proof” sanctions against Russia, and lately there have been moves toward cooperation on maintaining the
subsidies
on which Obamacare depends (after Trump cut them by executive order).
Some worthwhile new risk-management proposals include advance commitments for new vaccines,
subsidies
to drug manufacturers to make their products more affordable, and regionally pooled catastrophe insurance.
Such
subsidies
are a global scandal, yet large payments to largely wealthy American and Greek cotton growers seem likely to persist for many years.
The best chance to end cotton
subsidies
soon was lost last December, when African countries, aided by India and Brazil, pressed hard for the elimination of cotton subsidies, at the World Trade Organization’s meeting in Hong Kong.
The only chance to end cotton
subsidies
is now somehow to convince US and EU leaders to assist African peasants by curtailing payments to their own cotton farmers.
Take away
subsidies
and cotton prices will rise, perhaps as much as 15%.
Rajan argues that huge income concentration at the top in the US led to policies aimed at encouraging unsustainable borrowing by lower- and middle-income groups, through
subsidies
and loan guarantees in the housing sector and loose monetary policy.
But schemes such as public
subsidies
for scrapping old and fuel-inefficient cars simply led many people to re-schedule their purchases.
Ukraine’s current prime minister, Volodymyr Groysman, is committed to pushing through additional reforms to combat corruption, including abolishing energy
subsidies
and shifting to a more transparent monetary policy (from exchange-rate targeting to inflation targeting).
In the Weimar era, the German state provided generous municipal housing, local government services, agricultural and industrial subsidies, and a large civil service; but it financed those outlays with debt.
State
subsidies
and transfers have boosted private incomes, but often at the expense of investment in transport, security, and utilities.
Although China phased out many of its explicit export
subsidies
as a condition of membership in the World Trade Organization (which it joined in 2001), mercantilism’s support system remains largely in place.
From the liberal perspective, these export
subsidies
impoverish Chinese consumers while benefiting consumers in the rest of the world.
As the example of export
subsidies
shows, the two models can co-exist happily in the world economy.
But, while preaching free market doctrines abroad, the US bails out its airlines and increases agricultural
subsidies
at home.
Even before these increases,
subsidies
to agriculture by the advanced industrial countries were enormous - exceeding the total incomes of sub-Saharan Africa.
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