The plan recommended a set of economic reforms that included deregulation and privatization. The government gave way to flexible foreign trade, deregulation and privatization of several sectors. King Abdullah has pursued a policy of limited deregulation, privatization and seeking foreign investment. With the beginning of deregulation and liberalization, airlines felt growing financial pressure. His team then embarked on a path of trade liberalization, deregulation, and privatization. This is one argument for privatization and deregulation. Economic policy centered on tax cuts, investment incentives and market deregulation. Trump's economic policies have centered on cutting taxes, deregulation, and trade protectionism. Regulatory reform is a parallel development alongside deregulation. In economy, Medvedev advocated private property, economic deregulation and lower taxes. Political-economic explanations cited post-1970s deregulation, and inadequate staff and funding for regulatory oversight. Deregulation of the S&L industry, combined with regulatory forbearance, and fraud worsened the crisis. According to OECD, deregulation, globalization, and technology sector growth have been key productivity drivers. He rejects free trade, deregulation, and globalization. Typical proposals involve deregulation and income tax rate reduction.