A bigger market stemming from trade
liberalisation increases the rewards for greater efficiency, productivity and innovation.
Not exact matches
Contributing to this performance has been a program of economic
liberalisation, including
increased openness to foreign trade and investment, financial sector deregulation and a more prominent role for the private sector.
In addition, and partly as a result of financial
liberalisation, the 1980s saw an unsustainable boom in business credit associated with rapid
increases in asset prices, particularly commercial property.
IEA Commends Portugal Energy Market Reforms Recommends Moving on Market
Liberalisation in Gas,
Increasing Competition in Electricity 25 May 2000
trade
liberalisation may have economic benefits (
increasing adaptive capacity) but also
increases emissions from transport;