With the onset of economic hard times, even cautious moves toward economic restructuringand privatization have slowed down.
Nevertheless, restructuring proved to be a slow and painful process in 1994 despite relatively large flows of foreign aid and continued progress on economic reform.
Elected in 1989, in the depths of recession, President MENEM has implemented a comprehensive economic restructuring program that shows signs of putting Argentina on a path of stable, sustainable growth.
Only limited restructuring of industry has occurred so far because of a scarcity of investment funds and the failure of enterprise managers to make hard cost-cutting decisions.
Subsequent reforms, including the sale of state assets, the strengthening of economic management, the encouragement of tourism, and a debt restructuring agreement, have rekindled investment and growth.
Further restructuring of domestic industry and success in attracting foreign investment are keys to future growth.
Armenia's severe trade imbalance has been offset somewhat by international aid, domestic restructuring of the economy, and foreign direct investment.
The bauxite mining sector should benefit in the near term by restructuring and partial privatization.
The former Communists were a strong opposition that stalled additional restructuring and made implementation difficult.
Over the past decade economic restructuring has lagged behind most other countries in the region.
Moves to complete banking, telecommunications, and energy privatization will add to foreign investment, while intensified restructuring among large enterprises and banks and improvements in the financial sector should strengthen output growth.
Much economic restructuring remains to be carried out before Romania can achieve its hope of joining the EU.
However, the former Communists were a strong opposition that stalled additional restructuring and made implementation difficult.
Prospects for 2002 are much better, because of strong financial support from the IMF, tighter fiscal policy, a major bank restructuring program, and the enactment of numerous other economic reforms.
Armenia's severe trade imbalance, importing three times its exports, has been offset somewhat by international aid, domestic restructuring of the economy, and foreign direct investment.
Major challenges remaining include the reduction of unemployment and further restructuring of the economy, including the privatization of some leading state enterprises.
Moves to complete banking, telecommunications and energy privatization will add to foreign investment, while intensified restructuring among large enterprises and banks and improvements in the financial sector should strengthen output growth.
Corporate restructuring and growing capital markets are transforming the German economy to meet the challenges of European economic integration and globalization in general.
Delays in enterprise restructuring and failure to develop a well-functioning capital market played major roles in Czech economic troubles, which culminated in a currency crisis in May.
Despite increasing pressure from the IMF to accelerate reform, significant economic restructuring remains unlikely in 1999.
Continuing economic recovery in western Europe should boost exports and production, but Slovakia's image with foreign creditors and investors could suffer setbacks in 1997 if progress on privatization and restructuring stalls.
Russia failed to make any progress in restructuring its social welfare programs to target the most needy - among whom are many of the old pensioners - or to pass needed tax reform.
Over the past seven years, economicrestructuring has lagged behind most other countries in the region.
Budapest also is making good progress in restructuring the pension, health, tax, education, and other systems as part of the effort to decrease the role of government.
Perhaps most troubling, Slovakia continues to have difficulty attracting foreign investment because of perceived political problems and halting progress on restructuring and privatization.
Elected in 1989, in the depths of recession, President MENEM has implemented a comprehensive economic restructuring program that has put Argentina on a path of stable, sustainable growth.
The government began a comprehensive restructuring of the economy in 2003 - including elimination of price controls, privatization of the state banana company, and tax increases - to address Dominica's economic crisis and to meet IMF targets.
The bauxite mining sector should benefit in the near term from restructuring and partial privatization.
Restructuring the sector and finding energy supply alternatives to Russia remain major challenges.
Belgrade has made only minimal progress in restructuring and privatizing its holdings in major sectors of the economy, including energy and telecommunications.
Progress fighting corruption, further restructuring of domestic industry, and success in attracting foreign investment are keys to future growth.
Intensified restructuring among large enterprises, improvements in the financial sector, and effective use of available EU funds should strengthen output growth.
Despite these successes on the economic front, Romania has lagged much of Central and Eastern Europe in the restructuring process.
Debate also continues on the role of and effects of reform in restructuring the economy, particularly with respect to increasing income disparities.
Reducing corruption and implementing structural reforms, such as bank restructuring and developing the private sector, will be key to Iraq's economic success.
A major decree of January 1989 summarized and extended the government's economic restructuring efforts, which include a partial decentralization of controls over production decisions and foreign trade.
The government is pushing economic restructuringand privatization measures in anticipation of the 1992 European Community timetable to form a single large market in Europe.
In November 2002, the government met with international donors at the Paris II conference to seek bilateral assistance in restructuring its massive domestic debt at lower interest rates.
The Core Group of nations has announced plans to hold a Donor's Conference in early 2006 to assist the government of Lebanon in restructuring its debt and increasing foreign investment.
Or, if language in one of its illiterate embodiments cannot keep pace with the exponential growth of information, will it undergo a restructuring in order to become a parallel process?
By all accounts, restructuring cut the literacy overhead of business.
Re-engineering, which companies also called restructuring or downsizing, translates into efficiency expectations within an extremely competitive global economy.
On the contrary, this restructuring process is functional and adaptive.
Outsiders see this restructuring process as disorganized, chaotic, and creating the necessity for the imposition of some strong outside authority.
To prepare for the European single market, the government isrestructuring and modernizing the economy and in 1989 embarked on a major privatization program.
Further restructuring of the economy include privatizing several state enterprises, undertaking pension and other reforms, and minimizing bureaucratic inefficiencies.
The United Nations does not possess such a mandate, nor is there anything in the current discourse of political leaders that seriously envisions so radical a restructuring of the administration of the affairs of the planet.
Further restructuringof the economy will need to include privatizing of several state enterprises, undertaking pension and other reforms, and minimizing bureaucratic inefficiencies.
In November 2002, the government met with international donors at the Paris II conference to seek bilateral assistance in restructuring its massive domestic debt at lower rates of interest.
Despite increasing pressure from the IMF to accelerate reform, substantial economic restructuring remains unlikely in 2000, largely because of resistance in the communist-dominated legislature to further privatization.
Key priorities include accelerating legislative convergence with EU norms, restructuring enterprises, and privatizing banks and utilities.
New lending, however, remains almost unavailable as banks continue to be wary of issuing new debt in an environment where little progress has been made in restructuring the huge burden of outstanding debts.
The government established a restructuring agency in 1999 and launched a revitalization program - to spur the sale of firms to foreign companies.
The spread of sectarian violence and continuing dissatisfaction with the pace of bank and debt restructuring will make it difficult for Indonesia to attract the private investment necessary to achieve this goal.
Further restructuring of the economy and the reduction of unemployment remain major challenges.
Although Kyrgyzstan will receive relatively large flows of foreign aid, ongoing economic restructuring will continue to be painful with an anticipated increase in unemployment as uneconomic enterprises close.
Economic restructuring and privatization have just begun, and price liberalization and price increases have been accompanied by generous wage hikes and subsidies.
Economic restructuring is clearly underway with the once-dominant energy-intensive heavy industrial sectors giving way to labor-intensive light industry and the underdeveloped service sector.
Elected in 1989, President Menem has implemented a comprehensive economic restructuringprogram that shows signs of reversing Argentina's economic decline and putting it on a path of stable, sustainable growth.
The restructuring desired by the communist rulers had been accomplished, and the intelligentsia had grown to the point where it could satisfy from its own ranks most of the demand for professional and managerial personnel.
The Attorney General and the Secretary may, to the extent necessary to help carry out their respective strategic restructuring plan described in subsection (b), make voluntary separation incentive payments to employees.
Tam continued, "Those are the firms we're going to start restructuring first.
Nothing could stop Dai Nippon from restructuring the boards of directors of the companies in which it held a voting majority of shares.
Of course, it would require a hostile buyout, but with a little restructuringthey could swing it financially.
