<html><body><p>Reforms aimed at increasing an <a href="https://quotes.tuteehub.com/tag/economy-911" style="font-weight:bold;" target="_blank" title="Click to read more quotes about ECONOMY">ECONOMY</a>'s flexibility are always hard - and even more so at a time of weak growth - because they <a href="https://quotes.tuteehub.com/tag/require-4401" style="font-weight:bold;" target="_blank" title="Click to read more quotes about REQUIRE">REQUIRE</a> eliminating protections for vested interests in the <a href="https://quotes.tuteehub.com/tag/short-1781" style="font-weight:bold;" target="_blank" title="Click to read more quotes about SHORT">SHORT</a> term for the sake of <a href="https://quotes.tuteehub.com/tag/greater-2096" style="font-weight:bold;" target="_blank" title="Click to read more quotes about GREATER">GREATER</a> long-term prosperity.</p></body></html>

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Reforms aimed at increasing an ECONOMY's flexibility are always hard - and even more so at a time of weak growth - because they REQUIRE eliminating protections for vested interests in the SHORT term for the sake of GREATER long-term prosperity.

Author - Michael Spence

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Reforms aimed at increasing an ECONOMY's flexibility are always hard - and even more so at a time of weak growth - because they REQUIRE eliminating protections for vested interests in the SHORT term for the sake of GREATER long-term prosperity.

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