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"However, establishment forces that are opposed to rapid financial sector liberalization and reforms to state enterprises are pushing back strongly".
The monetary side is important, of course — there is the inflation issue to deal with, there is the financial sector liberalization — but I think the real sector, in my mind, is the single most important thing right now.
The tentativeness of the government was again on display during the winter session of Parliament, during which an unruly opposition united over populist causes and sidelined civil nuclear liability legislation and long-awaited financial sector liberalization.
Introduction to electricity sector liberalization: lessons learned from cross-country studies.
The SMD rule confronted enormous resistance from groups of utilities and states that had not embraced an electricity sector liberalization agenda.
The pathway toward electricity sector liberalization is well established [45, 46] and to date only Oman, Saudi Arabia and the UAE (Abu Dhabi and Dubai) have made significant strides by establishing independent electricity sector regulators and unbundling of their electricity sectors [30, 43].
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"He's betting against energy-sector liberalization in China".
To sustain the trend, though, it would be critical to reduce the cost of capital through financial-sector liberalization, Mr. Aziz said.
Prior to the sector's liberalization, local private institutions offered programs in conjunction with overseas universities but were unable to award their own degrees.
This price surge prompted the government to suspend in 2000 the application of the oil price indexation system, which had been implemented since the sector's liberalization in 1995, and to replace it with a fixed price mechanism in which the State bears the difference between cost prices and consumer prices.
But he later added, "It would be unfortunate if, as a result of this turmoil, policy makers in China mistakenly abandon their pursuit of financial sector innovation and liberalization that has been so important to supporting China's growth in productivity and macroeconomic stability".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com