Reforms promised by President Xi and Premier Li will lessen incentives or opportunities to push investment into low return territory so that capital will be allocated more by market determined prices, outcomes and innovation.
Short of equipment at the health facility, insufficient staffing, and frequent drug stock-outs were felt to negatively affect the ability of students to learn essential skills, and lessened incentives for them to seek opportunities to work in rural areas in the future.
Both positions are reflected in the analysis of Blanchard et al. (2013) who argue on the positive side of the ledger that, in sectors where there are a large numbers of small firms, transaction costs might preempt bargaining ab initio and also that extension arrangements might rule out, or at least lessen, incentives to undercut reasonable wages and working conditions.
But advocates hold that a universalized system, by simplifying the bureaucracy of redistribution, actually comes out ahead, by reducing administration costs as well as lessening the incentive to steal or divert from the system, euphemistically known in India as "leakage".
If Twitter were expecting a poor earnings report, it would want to release it post-lockup, thereby lessening the incentive for employees to cash out on the first day possible.
To prevent such social dislocation, we need to lessen the incentives that are driving gentrification.
Eleven years later, they have profoundly lessened businesses' incentives to produce and import goods, and have divided the country between those with access to hard currency and those without.
This finding is consistent with the analytical scenarios where RTAs lessen the incentives to implement productivity upgrading policies.
Alternatively, the formation of an RTA could lessen the incentives of domestic firms in the agricultural sector of importing member countries to implement technology and productivity upgrading policies.
