Sentences with phrase «economic reform»

Economic reform refers to the process of making changes or improvements to a country's economic system. It involves implementing policies and measures to address issues like poverty, inflation, unemployment, and improve overall economic growth. These reforms can include changes in tax laws, regulations, government spending, investments, and trade policies to boost the economy and improve the living standards of its people. Full definition
But the slow pace of economic reform among European governments, he said, was damaging the effort.
According to him, industrial parks will help the country bridge infrastructure gaps, develop targeted sectors, economies of scale and can also be used as testing grounds for broader economic reform initiatives.
That gives him a firmer hand to push through economic reform, but maybe less incentive to do so.
And, just as we are determined that this Government delivers economic reform, we are determined to deliver social renewal too.
He should implement economic reforms to boost productivity and competition.
In the early 1990s, the trend of Chinese economic reform, development and international communication revealed a growing demand for high - level, professional and international legal services.
Thus, it is not only economic reform that is urgent, but reforms targeting corruption and addressing the wider popular call for fairness.
There are work opportunities available for those able to relocate, as a shift to supply - side economic reforms gains traction.
Such a government would not be unstable but would find it difficult getting meaningful economic reforms through parliament.
There had been a number of other economic reforms taking place at the time and this was one of them.
But despite the promise of change, most North Korean observers believe that hype around economic reform remains only that.
In practical terms, setting the target too high would signal to the market that the government is prepared to sacrifice economic reform to maintain growth.
The reason behind this: confidence in foreign reserves and the potential for long - term economic reform.
It is not clear that any government can implement the far - reaching economic reforms needed to put the Greek economy on a sustainable growth trajectory.
As members of the G20 prepare to negotiate a global deal on economic reform after last year's economic collapses, Mr Geithner said a «coordinated global response» could be expected.
APEC's founding coincided with the sudden burst on the global scene of the Asian growth miracle, led by the «tigers» — Korea, Taiwan, Hong Kong and Singapore — and just as Deng Xioping issued his remarkable call for economic reform in China.
Cohen supports the Business Council's Enough Already NY campaign's Five to Survive economic reform agenda which includes: a property tax cap; a state spending cap; reducing the tax burden; reforming public employee pensions and limiting government borrowing.
Bank of America Merrill Lynch increased its target price for gold to $ 1,400 an ounce by early 2018, citing lower long - term interest rates and lack of progress by President Trump in delivering economic reforms as reasons.
Continued talk of economic reform from Japan's new government has led to a weakening of the yen and a market rally, while Italy's election results call into question whether it will continue on the austerity path.
Crown Prince Mohammed has been pushing Saudi Arabia to sell 5 percent of Saudi Aramco as part of a broader economic reform program.
Saraki said the 8th Senate has scored many firsts since its inception and that it has fulfilled its mandate through the passage of several critical economic reform bills, opening of the National Assembly's budget, and its investigations that have helped in the fight against corruption.
In addition to the AIIB, needed economic reform in Asia can provide the funding for construction of a Pan-Asian Energy Infrastructure that can later interconnect to a Global Energy Grid.
Even China, the world's largest consumer of coal, pledged in its recent economic reform measures to reduce the amount burned.
Such meetings have served in the past as launch pads for major economic reforms like those unveiled in 1994 that paved the way for China's World Trade Organization membership, though some, such as the one a decade ago, failed to deliver.
In my first meeting with Prime Minister Tadeusz Mazowiecki on August 24, 1989, I suggested the need to adopt rapid and decisive economic reform measures.
It went up on the prospect of economic reforms which now seem a lot less likely, and yet it is still limping upward.
To find out, He et al. assessed the trends in coastal population, economy, and 15 different human impacts, including salt production, fishing, and marine freight transport, on 30,000 km of Chinese coastline both before and after economic reforms began in China in 1978.
But De Gregorio acknowledges the challenge they present going forward and fears that, particularly at a time when growth in the region is slowing and external circumstances are changing, a flair for populism and the power of vested interests might undermine the process of continued economic reforms needed to foster, among other things, shared prosperity and social inclusion.
Similar situation happened earlier in Hungary and Poland, including civic unrest and attempts at economic reforms of a system that did not deliver as promised.
The most populous nation on earth instated the ban in 2000 for fear of corrupting its youth, but will now allow for distribution of consoles in the Shanghai Free Trade Zone — a 29 - square - kilometer testing ground for new economic reforms established last year.
After all, he told me: «When economic reform began back in 1978, it was never meant to happen alone.
Nothing in Europe gets done quickly and that certainly includes economic reform.
In the years that followed, despite an escalating U.S. war of aggression, Nicaragua expanded and institutionalized land and other structural economic reforms, drafted and ratified a constitution, and held internationally praised elections.
While, it's not clear whether the growth and deficit targets are achievable, it is clear that keeping the growth target the same as last year means the government is not interested in risking slower growth by advancing economic reforms more rapidly.
RIYADH, May 2 - Citigroup is considering seeking a full banking license in Saudi Arabia as Western banks aim to capitalize on Saudi economic reforms, with rival HSBC announcing it has won mandates for several privatizations in the kingdom.
Malloy's office responded that they had no idea it was a gala and that the Governor most definitely did speak about economic reform and most definitely did not stay to introduce the guest of honor (even though the organization's newsletter announced that he was being invited for that very purpose).
He eventually in 1992 took a tour through the special economic zones of Southern China, showing his alliance with economic reform.
The Nikkei 225 appears to be responding to economic reforms launched by Prime Minister Shinzo Abe, technical analyst Daryl Guppy says.
There is hope Brazil will be able to continue the necessary economic reforms once a new President takes office next year.
While the new president has a more pro-business agenda than his predecessor Hollande, he might be significantly constrained in his social and economic reforms if he needs the support of both mainstream right - wing and left - wing parties.
We also like emerging market (EM) equities on economic reform momentum, improving cash flows and reasonable valuations.
But in 1986, on the brink of economic meltdown, the government launched a series of sweeping economic reforms they called «doi moi».
Hansson's skepticism is in line with opposition by a minority of officials including Bundesbank President Jens Weidmann, who has argued that sovereign - debt purchases involve unwarranted risks and undermine the incentive of governments to make economic reforms.
IMF: Greek debt load could become «explosive» If Greece does not vigorously enact economic reforms, and if short - term debt relief is not granted, its debt load could become explosive by 2030, the International Monetary Fund warned this week.
Mr Zuma's remaining supporters argue that he is being targeted for backing a radical economic reform agenda.
ATHENS, Greece (AP)-- Inspectors from Greece's bailout creditors have returned to Athens as the Greek government faces calls to speed up the implementation of economic reforms so it can get more rescue loans.
A new younger leadership spearheaded by Crown Prince Mohammed bin Salman wants economic reforms.
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