Sentences with phrase «full liberalisation»

(i) Does the concerted, global regulatory reform agenda mean that there is now more scope than in the past for sound risk management practices to be set up prior to full liberalisation?

Most observers of the Australian (and others») experience with financial liberalisation have concluded that: (i) ideally, good risk management practices — including hedging — would be established before full liberalisation, so as to mitigate subsequent risks to financial stability; but (ii) it was difficult to develop such practices until entities were actually exposed to some risk; and (iii) as a result, a somewhat disruptive period of learning by your own mistakes was inevitable.

Not exact matches

It finds that retail market liberalisation is essential if distributed generation is to achieve its full economic potential.