But its odd, state-dominated economy makes it particularly sensitive to verdicts of this kind.
Their big break came in 1992 when India's state-dominated telecom market opened up for wireless services.
Much of the legal framework already exists on paper to allow more private investment into the state-dominated oil industry.
It seemed as if India's state-dominated system might not be a staging-post towards full liberalisation but instead the end destination.
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In the medium term these seem certain to involve a greater role for markets and foreign investment in the state-dominated economy.
Mr Chavez now has the power as well as the authority to cajole Venezuelans into accepting that their oil- fuelled, state-dominated economy has failed them.
The aim of this move appears to be to increase interest income for depositors under the state-dominated banking system, where the central bank sets guidelines for interest-rate levels.
More to his credit, Mittal has reached the top after navigating through a thicket of regulations that have held sway as the country liberalized its state-dominated telecom industry in stages.
That would likely mean a greater reliance on Western reactor technology and plant-management methods and on Western providers of nuclear equipment and services, which have struggled for a place in this state-dominated industry.
Credit tightening in the property industry by the state-dominated banking system hit home for a lot of private companies, which traditionally rely on their own money or on bank loans to fund projects.
Almost without anyone noticing, France has become an even more state-dominated economy than it was 30 years ago, with government spending of nearly 60% of GDP and a tendency to raise taxes first, and talk about spending cuts a lot later.
One wild card in the state of these levies is the will of the many newly-Republican-dominated state legislatures.
Rural-dominated state legislatures hated big cities and chose Albany over New York, Harrisburg over Philadelphia, and so forth.
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Those groups would be widely credited with a Kerry win in Ohio, a GOP-dominated state where Democrats have a particularly weak party apparatus.
In a Democrat-dominated state, the Clinton-Gore message, chiming with the goal of reducing California's oil consumption by 25% in ten years, rings in tune with a culture of environmental activism.
They are dominated by state-owned enterprises, which can count on cheap loans and energy from China's state-owned banks and utilities.
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Deregulation of the financial sector would open up opportunities currently ignored in a marketplace dominated by large state-owned banks.
Any market not dominated by a state-owned enterprise has too many players and overall industry net profits are near zero.
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In a regulatory straitjacket and dominated by a state-run banking system, Israel suffered a "lost decade" from the mid-1970s to the mid-1980s.
Furthermore, extracting profits from retail banking in a country dominated by mutual and state-owned banks is tricky.
Most deals are in aerospace, telecommunications, utilities and transport, which in China are dominated by government agencies and state-owned companies.
Korea's credit excesses were similarly partly due to the liberalization and partial privatization of a banking system which had formerly been dominated by a handful of state-controlled entities.
Angola's oil industry is dominated by Sonangol, the state-owned company that gives concessions to international oil companies and, over time, takes in the lion's share of the profits.
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In August 2005, Sudan is expected to begin exporting oil from the Melut Basin as a result of cooperative work with Petrodar, a consortium of companies dominated by China's state-run Sinopec.
Once dominated by poorly managed and inefficient state-run firms that were protected behind trade barriers, now it is globally integrated and profitable.
Dais is one of about half a dozen companies that sell solid-state heat exchange technology in a market still dominated by mechanical systems that rely on moving parts.
Because the China electricity market is dominated by a few, very large state-run organizations such as the State Grid and the South Grid, different approaches may need to be taken than in other industries.
This advisory commission was mandated by the 109th Congress and its deliberations and report were clearly dominated by co-chairman and former Secretary of State James Baker.
As for the next-day political coverage of the State of the Union, it was dominated, and I don't use that word lightly, by Marco Rubio's sip of water.
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Before 1999, when the State Department took over the export regulation of satellites, America dominated commercial satellite-making with an average market share of 83%.
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