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But handily, the surge in bankruptcies during the worst years as well as growing concern that outmoded rules are slowing the flow of capital to firms that could use it better—has initiated a wave of reforms around much of Europe.The European Commission, the reformer-in-chief, believes there are three main reasons why insolvency laws are overdue for reform.
Indian telecoms rode the wave of reforms then being implemented.
This latest wave of reforms targets sensitive public services like healthcare and education.
There has been a wave of reforms and mergers among banks and insurance companies.
The main thrust of the second wave of reforms was to improve coordination across agencies.
A first wave of reforms under Maria Theresa came to Milan in the early 1740s.
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An Imperial rescript at the beginning of 646 formally initiated the wave of reform.
"Here's a guy who came in on a wave of reform.
If Los Angeles is any indication, Chicago's current wave of reform will not be its last.
The only way to avert more serious problems is a new wave of reform".
When India opened up in 1991 a wave of reform took place.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com