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Government policies aimed at privatizing and opening the sector to greater domestic and international competition accelerated growth in the 1990s.
After Boston Beer's strong opening, the sector became, well, frothy, and unwary IPO shoppers sucked down a string of so-so deals, including Hart Brewing, Nor'western, Lion Brewery and, in September 1996, American Craft Brewing, a Hong Kong company.
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A slew of rich countries, including Germany and America, are starting to open the sector to private firms.
"It would appear that the purpose of these changes is not to better regulate tertiary education, but to open the sector up to unregulated competition".
The report by the council argues that to manage and sustain its emergence as a tourism superpower, China must radically overhaul its tourism administration and open the sector to more private involvement in decision making.
After two years of debate, the Indian government enacted an energy law today meant to modernize its electric power system, reduce subsidies, promote efficiency and competition and open the sector to more private investment.
These hurdles could prove fatal to the reform's prospects.The government had already substantially watered down the set of changes to energy laws that it was seeking in order to modernise the state oil company and to open the sector to greater private participation.
This has opened the sector for introduction of modern technology for processing and packaging.
While opening up of telecom sector would invite voices of political dissent against the existing political system that is in place, opening the financial sector would risk the fragile economy to outside world.
By opening the public sector to profit, it gets a lot of capital into circulation.
As finance minister and head of the central bank, he has cut taxes and liberalised the pension system, in addition to opening the banking sector to foreign competition.
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