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They can regain competitiveness with structural reforms — which Germany will happily help to devise — over a sustained period.
In his obsession to drive through structural reforms – which are meaningless for the vast majority of parents – Gove is neglecting what really matters.
It is the result of three decades of structural reforms which made Australia more open to the world and the world more open to Australia.
Their economies certainly need structural reforms, which have, for example, boosted exports from Spain, but their societies and companies simply do not respond in the same way.
In a statement, it said: "It is always easy to provide a few stray cases and exaggerate the findings instead of looking at the structural reforms which are sustainably improving the lives of 125 crore [1.25bn] Indians.
It would be even better if he aimed at lower levels of public spending and tax along with making the structural reforms which have brought crisis economies rapidly back to growth.
Similar(31)
Hutton highlights this again in the report's conclusions about long-term structural reform, which points towards "career average" pensions as one solution to cutting costs.
Voters, it turned out, were not in fact keen on cost-cutting and structural reform, which entailed pain and uncertainty, particularly in rural regions and among the old.
Another survey by the Nikkei Shimbun last week showed that people preferred economic stimulus, which is how Japan has coped with its economic woes so far, almost 2 to 1 to structural reform, which is championed by Mr. Koizumi.
His reforms led to the creation of almost 1,000 special zones for structural reform, which relaxed things like the paperwork required by foreign researchers, standardized school curriculums, and licenses to home-brew sake, or Japanese rice wine.
We study the reaction of stock returns and trading volumes to the 2005 2006 structural reform which allowed the transformation of non-tradable shares (NTS) into tradable shares (TS) through payment of a compensation to holders of TS.
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