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The leadership needs to initiate "serious reforms" of the political structure within this period.
The global financial crisis and the debt crisis forced other European countries to engage in serious reforms of their economies.
There are no alternatives to serious reforms of the political system and judiciary, separation of business and government, rationalization of the federal model, drastic reduction of bureaucracy, a genuine fight against corruption, and replacement of the old Soviet social security system.
Similar(57)
Though he has taken the idea of the privatization of Mexico's state-owned oil company (Pemex) off the table, serious reform of the sector and the company appear to be in the offing.
There was no serious reform of competition policy.
Two thirds of them said they wanted serious reform of the EU.
The one thing I did have hopes for was some serious reform of the gun background check laws.
The need to cut costs may push Mr Bloomberg into attempting a serious reform of the school system.
But what they are doing is making a good case for serious reform of the ratings agencies.
But Chris Leslie, shadow financial secretary to the Treasury, said Osborne was continuing to duck "serious reform of our banking sector".
Mr. Podesta agrees: "To get the right answer without a serious reform of the tax code seems virtually impossible".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com