Exact(6)
That is beginning to happen, though as Italy has been discovering (see article), liberalising labour markets is harder in tough economic times.
Parliament, which must approve measures such as liberalising labour legislation, does not seem to grasp that such changes are preconditions for creating jobs.
The party may now lack the courage to move quickly on economic reform, which requires controversial measures, such as liberalising labour laws.
Fourth, encourage structural reforms both in individual counties (liberalising labour and product markets) and in the euro zone (deepening the single market in services and securing free-trade deals).All these should happen at once.
It also separated Mr Blair from Labour's reputation for being soft on crime, earned in the 1960s when Roy Jenkins, a liberalising Labour home secretary, had supposedly invented the permissive society.
Far from copying the deep structural reforms undertaken in peripheral countries, he has barely begun liberalising labour and product markets or trimming France's social-welfare spending, the highest in the OECD rich-country club.Such soft-pedalling has got Mr Hollande nowhere.
Similar(54)
Under Brussels's plan, privatisations, liberalised labour markets and huge welfare cuts will provide a platform for growth.
To tackle their economic problems and boost their potential most emerging markets need a "second generation" of reforms to improve infrastructure, liberalise labour markets and make doing business easier.The best-run economies, notably South Korea and Mexico, have been safe havens throughout 2013.
In terms of fiscal policy, most advanced economies' public finances are suffering because policymakers have failed to implement sufficient supply-side structural reforms to control public-pension growth, reform growth-inhibiting taxes, and liberalise labour markets.
Mr da Nóbrega notes that a similar body failed to liberalise labour laws during his first term.Rather than slash current spending to make room for extra public investment, the government may cut its primary surplus (ie, before interest payments) from 4.25% of GDP, until now its main fiscal target.
The country ought to raise productivity by liberalising the labour market, privatising state-owned enterprises, cutting red tape and making agriculture competitive.Despite progress, participation in the labour market remains limited.
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