Subsidies
in sentence
1415 examples of Subsidies in a sentence
Although full pricing of carbon would be a far better way to address climate change, most governments apparently prefer to rely on
subsidies
and regulations that increase the profitability of investments in renewable energy.
Trade restrictions have so far played a small role relative to
subsidies
to domestic industries.
By 1998, Russia already had achieved a critical mass of markets and private enterprise, while the financial crash of that year worked like a catharsis, forcing the government to abolish enterprise
subsidies
that underpinned a devastating budget deficit of some 9% of GDP.
The National Institute of Public Finance and Policy in Delhi estimates that every year the Indian government doles out significantly more than that in implicit or explicit
subsidies
to better-off sections of the population, not to mention tax exemptions to the corporate sector.
By discontinuing some or all of these
subsidies
– which, of course, do not include expenditures in areas like health, education, nutrition, rural and urban development programs, and environmental protection – the government could secure the funds to offer everyone, rich and poor, a reasonable basic income.
If the government lacks the political courage to eliminate enough subsidies, two options remain.
Arab leaders now showering their key constituencies with pay raises and food
subsidies
would have done so earlier, thus avoiding the impression of vulnerability.
But, in multi-faceted talks that straddle several different sectors (for example, agriculture, manufactures, and services) and diverse rules (such as anti-dumping and subsidies), countries have negotiated concessions with one another in various areas.
Yes, there are a few notable outliers – namely, the United Kingdom, where currency pressures and one-off holiday distortions are temporarily boosting core inflation to 2.4%, and Malaysia, where the removal of fuel
subsidies
has boosted headline inflation, yet left the core stable at around 2.5%.
In fact, regardless of whether or not the TPP is implemented, Japan’s farmers must pursue this approach to secure their futures, rather than hoping that protective
subsidies
continue ad infinitum.
Subsidies
for R&D, together with fiscal incentives and limitations on foreign companies in African markets, could give local companies the space they need to build up their capabilities.
In his book Making Globalization Work, the Nobel laureate economist Joseph Stiglitz points out that the United States would not be at the forefront of the global cotton industry were it not for government
subsidies.
Likewise, dairy farmers in the European Union receive $2 per day per cow in
subsidies
(which is higher than most African people’s incomes).
But these economies also show the perils of sustaining
subsidies
for too long.
The EU allocates about half of its budget to agricultural subsidies, even though the food industry represents only about 6% of its GDP.
For example, rich countries should reduce agricultural
subsidies
and open up their markets more to Third World food exports.
Since nearly all schools are dependent on government subsidies, the grant of flexibility is widely perceived to be a tactical delay.
Moreover, a government program of
subsidies
to first-time homebuyers may have released a backlog of pent-up demand.
Wasteful government expenditures and
subsidies
account for some 8% of non-oil GDP (5% of total GDP) in the GCC states.
Energy
subsidies
– so ingrained in the GCC economies – distort consumption and production patterns; defeat government attempts at economic diversification; and increase vulnerability to volatile international energy prices.
Eliminating the
subsidies
would not only stimulate investment in energy efficiency and solar power, but would also generate substantial environmental and public-health benefits.
In the campaign, he spoke eloquently of America's future but confined himself to a few modest and inexpensive proposals, mainly tax concessions and
subsidies
for children, students, and schools.
Subsidies, domestic-content requirements, investment regulations, and, yes, often import barriers were critical to the creation of new, higher-value industries.
With the TPP, Vietnam gets some assurance of continued access to the US market (existing barriers on the US side are already quite low), but in return must submit to restrictions on subsidies, patent rules, and investment regulations.
But its undervalued currency and hidden export
subsidies
have been systematically undermining manufacturing in other BRICS countries, especially India and Brazil.
Countries as diverse as Peru, Vietnam, and Mexico would have signed on to labor laws enshrining workers’ rights to form independent unions and engage in collective bargaining, as well as intellectual property protections to defend against counterfeiting and unfair
subsidies
to state-owned enterprises.
When the Trump administration’s renegotiation of NAFTA ultimately takes shape, some time after August 16, it will be interesting to see just how many commitments regarding labor, patents, and
subsidies
are included.
The list of examples is long, but it includes
subsidies
to large corporate farms, tariffs to protect the steel industry, and, most recently, the mega-bail-outs of Bear Stearns, Fannie Mae, and Freddie Mac.
Subsidies
that SaveWas France’s recent wave of protests against an amendment that would have increased employers’ freedom to fire young workers a blessing in disguise?
To defuse the protests, President Jacques Chirac was forced to withdraw the provision, and instead has proposed hiring
subsidies
as a way to reduce youth joblessness.
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