Securitization of mortgages played a big part because it meant mortgage servicers had no real incentive to impose strict credit standards on borrowers.

NPR: Ferreting Out Fibs In The Second Debate

"The market for relatively unskilled labour in China has been tightening, and now there is even more incentive for companies to relax their standards, so they try and fill up their work spaces, " he said.

BBC: Foxconn

It is competition, not standards, that provides an incentive for the public education establishment to enact meaningful school reforms.

CNN: Competition, Not Standards