For this, market based reforms need to be supported.

Financial market liberalization

Calls for effective representation of the developing and emerging market economies in the consultations and decision making on the reforms of the international financial architecture.

Reforms in factor markets labor, land, and finance are essential. China s leaders must improve labor market flexibility and labor mobility make land use, acquisition, and compensation more efficient and build a more market based financial system.

There are also financial reforms in rural China.

The authority had been very successful in supporting market oriented economic reforms.

Current market oriented reforms attribute greater importance than before to some objectives.

Promoting institutional and policy reforms that encourage market oriented transit transport operations .

Financial and Capital Market Commission

They should also focus on the need for improved income distribution and creation of new assets, adjustment of the education system to labour market needs and on financial reforms.

Financial mechanisms and market based instruments

The impact of an increase in the retirement age on unemployment could be offset to some extent by implementing pension reforms along with labour market reforms to increase the flexibility of the labour market.

30. Internal adjustment and financial reforms of the public sector.

Progress in the newly independent countries had been less rapid but the prospects for growth perspectives were good, if the Governments continued with the current sound financial policies and market reforms.

In addition to maintaining sound public finances, German leaders implemented difficult structural reforms aimed at improving international competitiveness, including painful labor market reforms. As a result, Germany is one of the few advanced economies today that has created many jobs and maintained financial stability.

Promoted market reforms and signed Sierra Leone's accession to the African Regional Standards Organization (ARSO).

(d) Financial reforms to encourage employment creation should cover banking, the non bank financial sector, monetary policy, financial openness and the institutional environment.

Japan plans to accelerate labor market reforms, strengthen competition, and advance fiscal consolidation to sustain domestic confidence.

While market based reforms can make a difference, they also present new challenges to African policy makers.

This is not to say that Security Council or financial reforms are unimportant.

In India, for example, increasing productivity and long term growth require fiscal discipline and a raft of financial and labor market reforms. But the central bank is being asked to do all the heavy lifting.

So how can policymakers address these failures? There has been some progress at the international level on regulatory reforms aimed at addressing market failures, though such efforts have been limited by strident resistance from financial institutions.

Europe also has much to gain from ongoing financial integration with the eventual goal of a truly pan European financial market. Greater market access, market reform, and efforts at regulatory harmonization including those under the EU's Financial Services Action Plan should help advance this trend.

We have undertaken a series of reforms in the public, financial and monetary sectors.

What the best structural reforms actually are remains a matter for debate. But in most countries, they include some combination of tax, labor market, service sector, and education reforms, as well as reforms in territorial administration, particularly in France.

In recent years, the developing countries had shown encouraging signs, and had even obtained important results, in the areas of growth, economic and financial reforms, increased integration into the world market and inflows of capital and investment.

Reforms in the labour market are required to meet the challenges and seize the opportunities presented by population ageing.

Market oriented reforms in agriculture have sought to redress these imbalances through relative price changes and improved institutional arrangements.

Those efforts included economic reforms, the liberalization of financial markets and acceleration of privatization programmes.

Economic and financial crimes introduce critical distortions into free market economies.

As long as China continues to pursue pro market reforms, it will remain the largest single country contributor to global GDP growth over the medium term unperturbed by stock market volatility. If reforms stall, falling stock prices are likely to be the least of China s worries.

But the true issue here is how, not if, to implement the reforms necessary to achieve a healthy market economy.

We need to provide better market access, including access to financial services.

These include technology transfer, capacity building, financial assistance, and market based instruments.

Global financial integration and imbalances in financial and money markets had adversely affected many countries, particularly emerging market economies.

As a result of recent market reforms, Azerbaijan had made considerable progress in improving its economic performance and attracting foreign investment.

2. The report also argues that market reforms, such as privatization and liberalization of trade, have deleterious effects on human rights.

Key factors affecting the latter are low rates of inflation, sound fiscal management, structural policies, market reforms and the regulatory environment.

This project addressed some critical aspects of the transformation of a national innovation system in selected developing countries during market reforms.

Article 51As for the financial assets or financial liabilities for which there is an active market, the quoted prices in the active market shall be used to determine the fair values thereof.

These reforms are imperative if Myanmar is to be successfully integrated into international financial and economic structures.

Financial reforms in developing countries have sometimes been interpreted only in terms of increasing liberalization of markets.

Training MFIs in on how to mobilize funds on the international financial market

Last but not least, there are longer term structural reforms, such as labor market reforms that increase flexibility without leading to large scale lay offs (a model rather successfully implemented by Germany). Similarly, retirement and pension reforms can increase long term fiscal sustainability without generating social conflict.

As our own experience has shown, commitment to radical market reforms, democracy and the principles of good governance is of crucial importance.