21. One emerging element is called differentiation, an arrangement whereby countries would adopt different levels of emissions reductions, tailored to their particular national circumstances. 22. One such element would be an arrangement whereby countries would adopt different levels of emissions reductions instead of a flat-rate reduction for all countries. 23. Should these three pillars of reform start before or after a country had adopted commercial codes that protect private property and enforce contracts? 24. Still, as Wanandi noted, this does not mean that Asian countries will adopt the American model outright. 25. The group hopes that most countries will adopt the international rules so that investors can easily compare companies around the world. 26. These countries have adopted some of the habits of Japan in restricting foreign investment, and have also tried to protect key industries through limits on imports. 27. Those are pretty strict targets, stricter than the measures the countries must first adopt to join the European Union before entering the monetary union. 28. Those countries fear that the U.S. insistence that countries adopt Western-style labor and environmental rules was simply a ploy to take away their competitive advantage. 29. USOC officials conceded, however, that such a determination from Clinton would mean little unless other countries adopted similar measures. 30. Others say the country should adopt a parliamentary system of government, in which Cardoso would appoint prime minsters but would lose some presidential powers. |
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