Sentences with phrase «reforming economic markets»

Not exact matches

Furthermore, it is important that we not get too distracted by the stimulus debate and work together to promote an agenda for long - term economic growth for the country, which should include reform of a tax system that has grown out of control, finalizing trade agreements, kickstart a lagging regulatory harmonization agenda and ensuring young Canadians have the skills to compete in a global market place.

But one thing is certain: either Italy gets some form of government and continues credible economic reforms and fiscal consolidation, or the markets - with active help from Germany et al. - will force Rome in an IMF - EU - ECB ward where these policies will be imposed.

He also urged eurozone governments to push on with economic reforms, particularly to their labor markets.

Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.

Tax reform is one of the core pillars of the Trump administration's attempt to stimulate economic growth in the U.S., and market watchers expect corporate tax reform to drive the market rally further — with some expecting a «tantrum» if tax reforms fail to be passed.

China's central bank and economic policymakers understand that capital account liberalization will be a powerful stimulus for reforming China's financial markets, which in turn, should strengthen China's economy.

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.

Below we offer a look at what the financial reform law has meant for small banks, along with some of the other economic and market forces that are contributing to industry consolidation.

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.

A rising rate cycle and uncertainty about reform measures pose risks to economic growth and financial markets.

In his speech, Yifei emphasized the importance of 2018 for China's long - term economic strategy, and discussed how the central bank's gold and silver department used problem - oriented, market - oriented, and livelihood - oriented «philosophy, style and methods» to promote reform and innovation in «key areas» of «currency bullion» as well as «currency gold and silver business.»

Our experts discuss the 2018 cash market economic outlook, with a keen eye towards rate hikes, credit markets, and the impact of tax reform.

Despite sanctions to date, North Korea's economy is estimated to have grown by four to six per cent annually over the last three years due to increased economic autonomy, agricultural reforms and better weather conditions, favourable global market prices, and networks of lucrative, illicit activities.

In October 1991 I received a call from Moscow, telling me that Yegor Gaidar [24] was likely to become the head of Yeltsin's economic team, and that Russia would launch radical market reforms with or without the rest of the Soviet Union.

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.

Likely passage of tax reform is lifting markets, but there may be negative economic consequences.

Since the historic federal budget of 1991 presented by then Finance Minister Dr. Manmohan Singh that launched India on a path of reform and market orientation, Budget Day in India has been high season for economic policy.

How» Conditions» can Improve: Changing the Focus from Macro to Micro While markets seem focused on macroeconomics, I continue to believe that the key to improving global economic growth is microeconomic reform.

Some of the dominant themes that drove the market include a synchronized global economic expansion, strong earnings growth, ongoing low inflation, central bank policy, and tax and regulatory reform.

This is not the view of real wealth and economic growth that 19th - century classical economists had in mind when they set out to reform the economy by freeing markets from the claims of earned income and special interests.

Even as it enacts reforms to liberalize its financial markets and change its economic model, China must regain its competitiveness when it comes to exports.

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.

In an effort to advance housing finance reform that will provide certainty and stability to the nation's financial markets and promote job and economic growth, NAHB has updated its 2012 white paper on this topic.

Second, the Chinese economic model of the past 40 years has incentivized officials to support market reforms by letting them help themselves in the process.

Uncertainty about labour market reforms, the adequacy of pension systems and future economic conditions may also be discouraging consumers from spending, especially in Germany where these issues have received much publicity.

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.

Continued talk of economic reform from Japan's new government has led to a weakening of the yen and a rally in Japan's stock market.

We see opportunities in emerging market equities, as economic reforms, improving corporate fundamentals and reasonable valuations provide support.

The gains in Asian stocks were in line with rallies in the global financial market, with investors showing optimism about the global economic recovery and a prospect that the US could pass the much discussed tax reform.

Whatever the specific reforms — and we would expect a period of experiment to see what forms are most effective — the major benefit in the democratization of the economy would be to limit the harshness of the labor market, to give everyone who works a stake in the enterprise he or she works in and even in the economy at large, thus reducing both the anxiety and the cynicism that are rampant in our present economic life.

Yet most economists, as well as many people living in countries newly committed to economic reform, overwhelmingly affirm Smith's views on the importance of free markets.

In other words, the globalization and market - oriented economic reforms helped transnational companies shift their manufacturing units to developing countries.

Additionally, a reform of the corrupt public sector; a depoliticization of employment and the business climate; and an open enquiry in past privatizations can open doors for an economic reform and the establishment of a free market.

Not the neo-Keynesian alternative proffered by the Labour Party, but an economic strategy that included pro-growth initiatives including reform of the labour market, tax cuts and other «supply - side» measures needed to boost competitiveness.

The government has shown its commitment to replacing our ageing energy infrastructure, and the Electricity Market Reform (EMR) proposals are intended to provide the economic and commercial underpinning to investments in a range of low - carbon technologies, including nuclear.

India has exploded in economic development in the 21st century, fueled largely by economic liberalization in the 1980's and free - market reforms in the 1990's and early 2000's source: Wikipedia.

The question now is if the sustained electoral success we enjoyed over 13 years will go down as an aberration, an exceptional period in our history, or the opening chapter of a series of New Labour governments dedicated to economic competence and social justice, to the right balance between markets and the state, both reformed in the public interest.

With the labor market in the doldrums, America's technical supremacy under challenge from abroad, and the political issue of immigration reform heating up, many argue that immigrants have a special propensity for innovation and entrepreneurship that can help spark badly needed economic growth.

I recently had the pleasure to revisit Warsaw, Poland, and St. Petersburg, Russia, two decades after the start of market reforms in which I had participated as an economic adviser.

The New Division of Labor: How Computers Are Creating the Next Job Market, by Frank Levy and Richard J. Murnane; Class and Schools: Using Social, Economic, and Educational Reform to Close the Black - White Achievement Gap, by Richard Rothstein; Leaving No Child Behind?

«Now we have an «irrational exuberance» for reform,» Pinkston contends, using the term Alan Greenspan coined for describing the economic speculation in the country that led to the stock market run - up in the 1990s.

The major education reforms of the past 35 years — education vouchers, charter schools, tuition tax credits, and education savings accounts — all seek to remove public schools from the control of elected bodies; to subject them to the «laws» of the «market»; and to put them at the service of the economic elite.

He wants to «fix this problem without making our economic situation worse;» he voted in favor of the market - based reform in 2013.

Overseas, the Shanghai Composite Price Only Index (+0.30 %) posted the only plus - side return for the week after the Chinese government announced deeper economic and market reforms late in the flows week.

We believe many emerging - market countries, most of which reformed their economic and monetary policies after the global financial crisis, appear well positioned for continued growth.

But India had already been on a roll for the past couple of years thanks to economic growth and financial reforms targeting corruption and black markets.

Yet the economic advantages of a carbon tax are so manifest that it is still possible, once the fiscal cliff negotiations are finished and talks turn to a truly transformative tax reform deal, that leaders in Congress will begin to reconsider it, especially it if is marketed on economic grounds.

Proceedings: Friday 4 May Opening remarks Welcome by Mr, Sefa Sadık AYTEKIN, Deputy Undersecretary, Ministry of Energy and Natural Resources, Turkey Keynote address by H.E. Thamir GHADHBAN, Chairman of the Prime Minister's Advisory Commission, Iraq Workplan of WEO - 2012 Iraq Energy Outlook by Dr. Fatih BIROL, Chief Economist, IEA Session 1: Energy in Iraq — fuelling Iraq's reconstruction and development Chair: Mr. Simon STOLP, World Bank Introductory interventions: H.E. Martin KOBLER, Special Representative of the United Nations Secretary General for Iraq Dr. Usama KARIM, Advisor to the Deputy Prime Minister for Energy, Iraq Dr. Kamal AL - BASRI, Chairman of the Iraq Institute for Economic Reform Open discussion Session 2: Iraq's electricity sector — short term needs and long - term interests Chair: Mr. Hamish MCNINCH, International Expert Introductory interventions: Dr. Majeed ABDUL - HUSSAIN, Parsons Brinckerhoff Dr. Abdul Qader AHMED, Mass Global Open discussion Special address: Mr. Tariq SHAFIQ, Managing Director, Petrolog & Associates Session 3: Iraq's oil and gas supply — managing the development of a huge resource Chair: Mr. Tariq SHAFIQ, Managing Director, Petrolog & Associates Dr. Ali AL - MASHAT, Advisor, Prime Minister's Advisory Commission, Iraq Ms. Ruba HUSARI, Managing Director, Iraq Insight Open discussion Session 4: Iraq and international markets — impacts on regional and global balances Chair: H.E. Thamir GHADHBAN, Chairman of the Prime Minister's Advisory Commission, Iraq Introductory interventions: Dr. Mussab AL - DUJAYLI, former Director General, State Oil Marketing Organisation Mr. Jonathan ELKIND, Principal Deputy Assistant Secretary, Department of Energy of the United States Ms. Coby VAN DER LINDE, Director of the Energy Programme, Clingendael Institute, the Netherlands Open discussion Session 5: Summary and conclusions Co-Chairs: H.E. Fareed Yasseen, Ambassador of Iraq to France and H.E. Nick Bridge, Ambassador of the United Kingdom to the OECD Tour de table with recommendations for key topics and areas of study for consideration in the WEO - 2012 Concluding remarks by Dr. Fatih BIROL, Chief Economist, IEA

• Flexible approaches to motivate achieving CO2 emission limits that may vary by economic sector, and could include, depending on the sector, market - based incentives; governmental loan guarantees; investment tax credits; performance standards; tax reform; incentives for technology research, development and deployment; and other appropriate policy tools.

As new infrastructure comes online, and is coupled with energy market reforms, China's energy markets should operate with fewer and fewer logistical, economic and administrative impediments.