Sentences with phrase «economic reforms more»

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.

Not exact matches

But many economists warn the stimulus could give the sluggish economy only a temporary jolt if the government fails to follow through with politically more difficult economic reforms.
Germany, which enacted its labor reforms more than a decade ago, when economic growth in the rich world was much stronger than it is now, is home to an organized labor culture that is less combative than in places like Italy or France.
Fuel theft is fast becoming one of Mexico's most pressing economic and security dilemmas, sapping more than $ 1 billion in annual revenue from state coffers, terrorizing workers and deterring private investment in aging refineries that the government, following a 2014 energy reform, hoped instead would be thriving with foreign capital.
Chinese Premier Li Keqiang has defended the country's economic policies, repeating that there was more opportunity than risk and vowing that there would be no hard landing for the world's second - largest economy if the government pressed ahead with reforms.
Since the 1990s, the total taxation of the Swedish economy as a percentage of GDP has fallen more than 5 %, while labor market reforms, such as Denmark's cutting of unemployment benefits have helped Scandanavian economies rocket up measures of economic freedom.
As I noted in a recent speech, we face three major challenges that will determine how smooth this economic expansion turns out to be.5 First, we need regulatory reform that makes our financial system more stable and resilient.
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.
European Union and Asian governments are frustrated that the U.S. Congress has held up a reform of voting rights in the International Monetary Fund that would give China and other emerging powers more say in global economic governance.
I would also note that much of what the Obama administration proposed (for example, more infrastructure spending and responsible tax reform) would have triggered even greater economic growth but never came to pass, largely due to congressional roadblocks.
But there is something profoundly troubling about speculators in Puerto Rican debt reaping windfalls even as estimates of hurricane damage are revised up, tax reform legislation undermines Puerto Rican competitiveness, out - migration increases, political cleavages increase, layoffs from the public sector are set to increase and outside observers become more pessimistic about Puerto Rico's economic prospects.
However, this policy is more than just a strategy for China to leverage its economic might to increase its influence beyond Asia, this initiative is also part of China's domestic reforms and economic growth.
Mr Rittenberg, Mao's former interpreter, says that promoting a single popular figure may have been a deliberate strategy of the party elite, in the hope that such a politician could more effectively carry out the difficult economic and social reforms which Mr Xi says are needed.
And the Western banks are demanding that Latvia and the Baltics pay by squeezing out even more of an economic surplus with even more neoliberal «reforms» that threaten to drive even more of their labor abroad as their economies shrink and poverty spreads.
It has been 38 years since China began its reform and opening - up with the launch of Special Economic Zones (SEZs) and the promise of giving more room f...
Until we see more pro-growth stimulus and structural reforms (especially in the labor market), we think QE will serve more as an economic stabilizer than a solution for Europe's chronically slow growth.
Fears of a sharp slowdown in China receded somewhat and the country's new leadership signaled a more assertive posture on economic and financial reform.
Indeed, tax reform that slows economic growth by adding too much to debt can actually cost more once economic effects are incorporated.
«The Greek government — somewhat surprising for a self - professed reform and anti-austerity government — seems to have merely agreed to impose a lot more austerity through higher taxes, but offers relatively little commitment to genuine economic reform
Such a plan, with meaningful infrastructure development, efficiency - enhancing corporate reform, and well - considered educational and training components, could lift economic growth potential without requiring a more aggressive monetary stance.
The Shanghai composite and Hong Kong's Hang Seng both rose almost three percent, following the announcement by Chinese leaders of massive social and economic reforms, including opening up its markets to more investors, encouraging competition among private companies and allowing more foreign investment into the country.
Our initial, high - level review shows more economic stimulus and potentially stronger equity - market support than indicated in our current forecasts, which we made after the House passed its version of tax reform in November.
In my testimony before the Joint Economic Committee earlier this month, I said that tax reform should lead to $ 55 billion in additional fixed investment in manufacturing this year, with the sector adding at least 100,000 more workers.
Announcing his resignation (below) to the world he said: «I believe we've made great steps, with more people in work than ever before in our history, with reforms to welfare and education, increasing people's life chances, building a bigger and stronger society, keeping our promises to the poorest people in the world and enabling those who love each other to get married whatever their sexuality, but above all restoring Britain's economic strength.»
Mintz concludes that the psychological cost to children has steadily grown more apparent, and he makes the familiar array of policy recommendations: more widely available health care, education reform, subsidized high - quality child care, family - friendly employment policies, a living wage, a limited work week and economic support to the impoverished.
Their second stint in power has disappointed international business periodicals such as The Economist and the Financial Times as well as much of the English - language press in India, which complains periodically that economic reform in India has more or less stalled since 2004.
The long U.S. economic expansion of the 1990s has done more than lower domestic unemployment rates (which was especially valuable during a time of welfare reform, because it enabled large numbers of recipients to move off welfare into jobs).
This patience, which is complemented by a gritty determination to see real legal and economic reforms take hold, is all the more striking in that Ukraine must confront daily the cultural and social deterioration created by the sad reality of Homo Sovieticus: men and women who grew up under a brutal political system that was built on falsehoods, that maintained itself through terror, and that taught everyone that trust in another human being can be very costly.
The Chinese president is expected to announce economic reforms and more open trade policies as he talks up Beijing's credentials as an alter...
Even more fraught is the debate over procurement reform in the state Legislature, where lawmakers had sought to restore power to the comptroller's office when it comes to oversight of economic development spending.
Government reform groups hope the bill would provide more transparency of opaque entities that have been used as pass - throughs for major economic development spending.
But in the current climate adaptation is key, and politicians have yet to acknowledge the need to reform and / or to accept being overtaken by other socio - economic models more in tune with reality.
Like the welfare reform bill before it, the Housing and Planning bill appears to be based more on ideology than on actually seeking to tackle the country's social and economic problems.
What Labour needs is a new social democratic revisionism, that heavily focuses on restructuring the welfare state, to unite communitarian and cosmopolitan voters, in an era of globalization, high inequalities, increased demands for choice, and an ageing population This requires applying the principles of solidarity, reciprocity and individual empowerment, in relation to reforming the welfare state, to make it more effective at tackling poverty and providing economic security, and to satisfy rising demands for choice.
The tools available today are none other than deep reforms in the periphery, wealth transfers from the core to reinforce those reforms, and an overall more effective plan for European economic governance.
«He's just what we need and I'm excited to support him, and look forward to his work to standing up for economic justice, keeping our streets safe and ensuring state government is reformed to work more effectively for the residents of New York.»
For the most part, however, what the first minister served up as part of a long - trailed effort to «refresh» her administration after more than ten years in office sounded familiar: educational reform («most radical change»), more cash to boost economic growth («raising our ambition») and the creation of a Scottish National Investment Bank.
As a professor at Fordham Law School, the author of important books on political and economic policy, a key figure in Howard Dean's 2004 presidential campaign, and a visionary organizer on behalf of banking and business reforms, she understands that the Democratic Party must move toward progressive populism in order to become more than a tepid alternative to Republican extremism.
A reform of capitalism agenda would also include changes to CEO pay, more prudent mortgage tests, a real end of too - big - to - fail, counter-cyclical monetary policy, more dynamic patenting laws, a rethink of trade agreements and the introduction of a wholly new set of social and economic indicators (to capture phenomena like differential inflation rates and the uneven benefits of GDP growth).
Meanwhile, in the Senate, which is controlled by Republicans, the Finance Committee voted to move on another reform bill that would add more oversight to the state's economic development project contracting process.
Speaking at the 92nd Street Y, Eliot Spitzer said Mayor Bloomberg is «fundamentally in error» on Wall Street reform; he also said Obama's economic team gives him «much more than pause.»
A new 50 - state study, Undocumented Immigrants» State and Local Tax Contributions, by the Institute on Taxation and Economic Policy finds that undocumented immigrants» tax contributions would increase significantly under the Obama Administration's executive actions and even more substantially under comprehensive immigration policy reform.
He said tax and regulatory reform are the best ways to inspire more private sector economic growth.
Mr. Walker envisions himself working on comprehensive tax reform, «rationalizing the size of government,» a more focused program of economic development and generally trying to get the state's finances in order.
«Obviously the budget comes first, so there's more emphasis on the economic issues up front,» said Cuomo, who continues to consider the Moreland Commission recommendations for reform a top tier priority.
John Kaehny, with the reform group Reinvent Albany, says lawmakers need to make economic development contracts more transparent, to avoid potential corruption in the future.
But good - government groups insist there needs to be broader, more independent reforms, including the creation of a database of subsidies published online, empowering the state comptroller to review all contracts worth more than $ 250,000, and ending the awarding of government economic development incentives by SUNY.
Take Ivory Coast.I find it difficult understanding why an academician or to be more specific, an accomplished economist of Dr Bawumia's calibre.Let me quote here a statement made by Madam Christie Lagarde the IMF director «Mediocre economic growth could become the new reality leaving millions stuck without jobs and increasing the risk to global financial stability» she said this after she has explicitly stated the global economic challenges and how certain structural reforms in Ghana including infrastructure investment as well as trade reforms were going to impact positively on Ghana's economy.
Reforms to make Britain a more equal nation must not come at the expense of economic growth, Trade and Industry Secretary Patricia Hewitt said today.
A Labour government will drive forward the economic and industrial policy that Ed Miliband, Ed Balls and Chuka Umunna have been developing to create more high quality jobs in every region of the country by reforming our banking sector, modernising our infrastructure, and working with businesses to get the long - term investment we need in growing SMEs and the high productivity, growth industries of the future.
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