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Gerhard Schröder, the chancellor, called it "the most significant set of structural reforms in the social history of Germany".
Last year he put forward a moderately ambitious set of structural reforms that he presented under the label Agenda 2010.
"In India, there is an urgent need to reaccelerate infrastructure investment, especially in the energy sector, and to launch a new set of structural reforms, with a view to boosting business investment and removing supply bottlenecks," the report said.
Estimates from the IMF suggest that a feasible set of structural reforms could by itself lift the level of GDP by almost 6% over five years.Italy's failure to exploit its labour resources is apparent in an employment rate among 15- to 64-year-olds of just 57% in 2011, the second-lowest in the euro area and far below Germany's 73%.
The peronist administration implemented a large set of structural reforms including deregulation, liberalization of trade and of capital markets, privatization of large state-owned enterprises, the demise of a pay-as-you-go pension system in favor of an individual capitalization scheme, and several other market-oriented reforms.
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He took the key step of accepting the case for a benefit cap, and he set out the kind of structural reforms that would tackle the underlying causes of benefit dependence – more jobs, cheaper childcare, lower cost housing.
"It has more to do with the lack of structural reforms".
The laws, part of an agenda of structural reforms presented by Peña Nieto as a "Pact for Mexico," set out to improve a public-education system under almost total control of the teachers unions.
Moscovici agreed that Europe does need "structural reforms", adding: We are not afraid of structural reforms in France.
Austerity is to be accompanied by the elixir of structural reforms to spur growth.
It is one of a number of structural reforms required to lift living standards across the developed and developing world.
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set of economic reforms
set of financial reforms
set of fundamental reforms
set of structural requirements
set of structural configurations
set of innovative reforms
set of structural descriptors
set of significant reforms
set of academic reforms
set of structural factors
set of promising reforms
set of urgent reforms
set of comprehensive reforms
set of regulatory reforms
set of controversial reforms
set of structural alignments
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Justyna Jupowicz-Kozak
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