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On the measurement of market-oriented reforms

Author: Norman Loayza; Raimundo Soto
Publisher: Washington, D.C. : World Bank, Development Research Group, Investment Climate Team, 2004]
Series: Policy research working papers, 3371.
Edition/Format:   Print book : International government publication : EnglishView all editions and formats
Summary:
"Loayza and Soto present policy and outcome-based ways of measuring the progress of market-oriented reforms in both traditional areas of first-generation reform and the areas of institutional reform that have been emphasized lately. These policy areas are the domestic financial system, international financial markets, international trade, the labor market, the tax system, public infrastructure and public firms, the  Read more...
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Additional Physical Format: Online version:
Loayza, Norman.
On the measurement of market-oriented reforms.
Washington, D.C. : World Bank, Development Research Group, Investment Climate Team, 2004]
(OCoLC)647135987
Material Type: Government publication, International government publication, Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Norman Loayza; Raimundo Soto
OCLC Number: 56827177
Notes: "August 2004"--Cover.
Description: 66 pages ; 28 cm.
Series Title: Policy research working papers, 3371.
Responsibility: Norman V. Loayza, Raimundo Soto.

Abstract:

"Loayza and Soto present policy and outcome-based ways of measuring the progress of market-oriented reforms in both traditional areas of first-generation reform and the areas of institutional reform that have been emphasized lately. These policy areas are the domestic financial system, international financial markets, international trade, the labor market, the tax system, public infrastructure and public firms, the legal and regulatory framework, and governance. For each of them, the authors first discuss the general principles underlying market-oriented reform. Second, they present various indicators of the policy stance in the area in question. And third, they present various outcome indicators of the policy stance. This paper is a product of Investment Climate Team, Development Research Groupis part of a larger effort in the group to understand the process of economic reform"--World Bank web site.

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