On The Measurement of Market-Oriented Reforms
This paper presents 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 a...
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| Format: | Policy Research Working Paper |
| Language: | English en_US |
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World Bank, Washington, D.C.
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2004/08/5071790/measurement-market-oriented-reforms http://hdl.handle.net/10986/14160 |
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okr-10986-14160 |
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oai_dc |
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Digital Repository |
| institution_category |
Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
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World Bank |
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English en_US |
| topic |
ACCOUNTING ADVERSE SELECTION AGGREGATE CONSUMPTION AGRICULTURE ANTI-COMPETITIVE PRACTICES ARBITRAGE ASSET PRICES ASSETS AVERAGE TARIFF AVERAGE TARIFFS BALANCE OF PAYMENTS BANK RUNS BANKRUPTCY BANKRUPTCY LAW BENCHMARK BONDS CAPITAL ACCOUNT CAPITAL FLIGHT CAPITAL FLOWS CAPITAL MARKET CAPITAL MARKETS CAPITALIZATION CENTRAL BANK CENTRAL BANKS CLOSED ECONOMIES COMMERCIAL BANKS COMMERCIAL CREDITS COMPARATIVE ADVANTAGE COMPARATIVE ADVANTAGES CONSUMERS CONTAGION CORPORATE CONTROL COST OF CAPITAL CURRENCY CURRENT ACCOUNT CUSTOMS FEES DEBT DEMAND DEPOSITS DEREGULATION DEVELOPMENT BANKS DISCLOSURE OF INFORMATION DISEQUILIBRIUM DOMESTIC INDUSTRY DOMESTIC MARKET DOMESTIC PRODUCERS DOMESTIC PRODUCTION ECONOMIC ACTIVITY ECONOMIC DEVELOPMENT ECONOMIC EFFICIENCY ECONOMIC GROWTH ECONOMIES OF SCALE EMPIRICAL EVIDENCE EMPLOYMENT EQUITY INVESTMENTS EXCESS DEMAND EXCHANGE RATE EXCHANGE RATES EXPORTERS EXPORTS EXTERNAL SHOCKS EXTERNAL TRADE FINANCIAL ASSETS FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL DEREGULATION FINANCIAL INSTITUTIONS FINANCIAL INTEGRATION FINANCIAL INTERNATIONALIZATION FINANCIAL MARKETS FINANCIAL REFORM FINANCIAL REGULATION FINANCIAL RESOURCES FINANCIAL SECTOR FINANCIAL SERVICES FINANCIAL SYSTEMS FINANCIAL TRANSACTIONS FISCAL POLICIES FISHING FORECASTS FOREIGN ASSETS FOREIGN BANKS FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN FIRMS FOREIGN INVESTMENT FREE ACCESS FREE TRADE GDP GLOBALIZATION GLOBALIZATION OF FINANCIAL MARKETS GOVERNMENT INTERVENTION GRAVITY MODEL GROWTH MODELS IMPORT DUTIES IMPORTS INCOMPLETE MARKETS INFLATION INSURANCE INSURANCE MARKETS INTEREST RATE INTEREST RATES INTERNATIONAL FINANCIAL INTEGRATION INTERNATIONAL MARKETS INTERNATIONAL TRADE LEADING INDICATORS LENDING RATES LIQUIDATION M2 MACROECONOMIC BALANCE MACROECONOMIC POLICY MACROECONOMIC STABILITY MANDATES MARKET FAILURES MARKET SHARE MEASURE OF TRADE MONETARY AUTHORITIES MONETARY POLICY MONETARY REGIME MONETARY STABILITY MORAL HAZARD NATURAL MONOPOLIES OVERVALUATION OVERVALUED EXCHANGE RATES POLICY INSTRUMENTS POLITICAL ECONOMY PORTFOLIOS POSITIVE EFFECTS PREFERENTIAL TREATMENT PRICE INFLATION PRIVATE BANKS PRIVATE COMMERCIAL BANKS PRIVATIZATION PRODUCERS PRODUCTIVITY GROWTH PROFIT MARGINS PROFITABILITY PRUDENTIAL REGULATIONS PUBLIC DEBT QUOTAS REAL EXCHANGE RATE REAL GDP REGULATORY FRAMEWORK RESERVE REQUIREMENTS RISK PREMIA RISK TAKING SAVINGS SPECIALIZATION STATE BANKS STATE INTERVENTION STOCK MARKETS STRUCTURAL CHANGE TARIFF BARRIERS TARIFF RATE TARIFF RATES TAXATION TOTAL FACTOR PRODUCTIVITY TRADE AGREEMENT TRADE AGREEMENTS TRADE FLOWS TRADE INTENSITY TRADE LIBERALIZATION TRADE OPENING TRADE OPENNESS TRADE PARTNERS TRADE POLICY TRADE REFORM TRADE REFORMS TRANSPARENCY TRANSPORT TRANSPORT COSTS UNIFORM TARIFFS VALUE OF IMPORTS WEALTH WORLD TRADE ORGANIZATIONAL CHANGE DOMESTIC FINANCE GOVERNANCE INFRASTRUCTURE LABOR EMPLOYMENT MACROECONOMIC GROWTH PRIVATE SECTOR DEVELOPMENT PUBLIC SECTOR MANAGEMENT |
| spellingShingle |
ACCOUNTING ADVERSE SELECTION AGGREGATE CONSUMPTION AGRICULTURE ANTI-COMPETITIVE PRACTICES ARBITRAGE ASSET PRICES ASSETS AVERAGE TARIFF AVERAGE TARIFFS BALANCE OF PAYMENTS BANK RUNS BANKRUPTCY BANKRUPTCY LAW BENCHMARK BONDS CAPITAL ACCOUNT CAPITAL FLIGHT CAPITAL FLOWS CAPITAL MARKET CAPITAL MARKETS CAPITALIZATION CENTRAL BANK CENTRAL BANKS CLOSED ECONOMIES COMMERCIAL BANKS COMMERCIAL CREDITS COMPARATIVE ADVANTAGE COMPARATIVE ADVANTAGES CONSUMERS CONTAGION CORPORATE CONTROL COST OF CAPITAL CURRENCY CURRENT ACCOUNT CUSTOMS FEES DEBT DEMAND DEPOSITS DEREGULATION DEVELOPMENT BANKS DISCLOSURE OF INFORMATION DISEQUILIBRIUM DOMESTIC INDUSTRY DOMESTIC MARKET DOMESTIC PRODUCERS DOMESTIC PRODUCTION ECONOMIC ACTIVITY ECONOMIC DEVELOPMENT ECONOMIC EFFICIENCY ECONOMIC GROWTH ECONOMIES OF SCALE EMPIRICAL EVIDENCE EMPLOYMENT EQUITY INVESTMENTS EXCESS DEMAND EXCHANGE RATE EXCHANGE RATES EXPORTERS EXPORTS EXTERNAL SHOCKS EXTERNAL TRADE FINANCIAL ASSETS FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL DEREGULATION FINANCIAL INSTITUTIONS FINANCIAL INTEGRATION FINANCIAL INTERNATIONALIZATION FINANCIAL MARKETS FINANCIAL REFORM FINANCIAL REGULATION FINANCIAL RESOURCES FINANCIAL SECTOR FINANCIAL SERVICES FINANCIAL SYSTEMS FINANCIAL TRANSACTIONS FISCAL POLICIES FISHING FORECASTS FOREIGN ASSETS FOREIGN BANKS FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN FIRMS FOREIGN INVESTMENT FREE ACCESS FREE TRADE GDP GLOBALIZATION GLOBALIZATION OF FINANCIAL MARKETS GOVERNMENT INTERVENTION GRAVITY MODEL GROWTH MODELS IMPORT DUTIES IMPORTS INCOMPLETE MARKETS INFLATION INSURANCE INSURANCE MARKETS INTEREST RATE INTEREST RATES INTERNATIONAL FINANCIAL INTEGRATION INTERNATIONAL MARKETS INTERNATIONAL TRADE LEADING INDICATORS LENDING RATES LIQUIDATION M2 MACROECONOMIC BALANCE MACROECONOMIC POLICY MACROECONOMIC STABILITY MANDATES MARKET FAILURES MARKET SHARE MEASURE OF TRADE MONETARY AUTHORITIES MONETARY POLICY MONETARY REGIME MONETARY STABILITY MORAL HAZARD NATURAL MONOPOLIES OVERVALUATION OVERVALUED EXCHANGE RATES POLICY INSTRUMENTS POLITICAL ECONOMY PORTFOLIOS POSITIVE EFFECTS PREFERENTIAL TREATMENT PRICE INFLATION PRIVATE BANKS PRIVATE COMMERCIAL BANKS PRIVATIZATION PRODUCERS PRODUCTIVITY GROWTH PROFIT MARGINS PROFITABILITY PRUDENTIAL REGULATIONS PUBLIC DEBT QUOTAS REAL EXCHANGE RATE REAL GDP REGULATORY FRAMEWORK RESERVE REQUIREMENTS RISK PREMIA RISK TAKING SAVINGS SPECIALIZATION STATE BANKS STATE INTERVENTION STOCK MARKETS STRUCTURAL CHANGE TARIFF BARRIERS TARIFF RATE TARIFF RATES TAXATION TOTAL FACTOR PRODUCTIVITY TRADE AGREEMENT TRADE AGREEMENTS TRADE FLOWS TRADE INTENSITY TRADE LIBERALIZATION TRADE OPENING TRADE OPENNESS TRADE PARTNERS TRADE POLICY TRADE REFORM TRADE REFORMS TRANSPARENCY TRANSPORT TRANSPORT COSTS UNIFORM TARIFFS VALUE OF IMPORTS WEALTH WORLD TRADE ORGANIZATIONAL CHANGE DOMESTIC FINANCE GOVERNANCE INFRASTRUCTURE LABOR EMPLOYMENT MACROECONOMIC GROWTH PRIVATE SECTOR DEVELOPMENT PUBLIC SECTOR MANAGEMENT Loayza, Norman V. Soto, Raimundo On The Measurement of Market-Oriented Reforms |
| relation |
Policy Research Working Paper;No.3371 |
| description |
This paper presents 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,
first, we discuss the general principles underlying
market-oriented reform; second, we present various
indicators of the policy stance in the area in question; and
third, we present various outcome indicators of the policy stance. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Loayza, Norman V. Soto, Raimundo |
| author_facet |
Loayza, Norman V. Soto, Raimundo |
| author_sort |
Loayza, Norman V. |
| title |
On The Measurement of Market-Oriented Reforms |
| title_short |
On The Measurement of Market-Oriented Reforms |
| title_full |
On The Measurement of Market-Oriented Reforms |
| title_fullStr |
On The Measurement of Market-Oriented Reforms |
| title_full_unstemmed |
On The Measurement of Market-Oriented Reforms |
| title_sort |
on the measurement of market-oriented reforms |
| publisher |
World Bank, Washington, D.C. |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2004/08/5071790/measurement-market-oriented-reforms http://hdl.handle.net/10986/14160 |
| _version_ |
1764430662546227200 |
| spelling |
okr-10986-141602021-04-23T14:03:21Z On The Measurement of Market-Oriented Reforms Loayza, Norman V. Soto, Raimundo ACCOUNTING ADVERSE SELECTION AGGREGATE CONSUMPTION AGRICULTURE ANTI-COMPETITIVE PRACTICES ARBITRAGE ASSET PRICES ASSETS AVERAGE TARIFF AVERAGE TARIFFS BALANCE OF PAYMENTS BANK RUNS BANKRUPTCY BANKRUPTCY LAW BENCHMARK BONDS CAPITAL ACCOUNT CAPITAL FLIGHT CAPITAL FLOWS CAPITAL MARKET CAPITAL MARKETS CAPITALIZATION CENTRAL BANK CENTRAL BANKS CLOSED ECONOMIES COMMERCIAL BANKS COMMERCIAL CREDITS COMPARATIVE ADVANTAGE COMPARATIVE ADVANTAGES CONSUMERS CONTAGION CORPORATE CONTROL COST OF CAPITAL CURRENCY CURRENT ACCOUNT CUSTOMS FEES DEBT DEMAND DEPOSITS DEREGULATION DEVELOPMENT BANKS DISCLOSURE OF INFORMATION DISEQUILIBRIUM DOMESTIC INDUSTRY DOMESTIC MARKET DOMESTIC PRODUCERS DOMESTIC PRODUCTION ECONOMIC ACTIVITY ECONOMIC DEVELOPMENT ECONOMIC EFFICIENCY ECONOMIC GROWTH ECONOMIES OF SCALE EMPIRICAL EVIDENCE EMPLOYMENT EQUITY INVESTMENTS EXCESS DEMAND EXCHANGE RATE EXCHANGE RATES EXPORTERS EXPORTS EXTERNAL SHOCKS EXTERNAL TRADE FINANCIAL ASSETS FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL DEREGULATION FINANCIAL INSTITUTIONS FINANCIAL INTEGRATION FINANCIAL INTERNATIONALIZATION FINANCIAL MARKETS FINANCIAL REFORM FINANCIAL REGULATION FINANCIAL RESOURCES FINANCIAL SECTOR FINANCIAL SERVICES FINANCIAL SYSTEMS FINANCIAL TRANSACTIONS FISCAL POLICIES FISHING FORECASTS FOREIGN ASSETS FOREIGN BANKS FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN FIRMS FOREIGN INVESTMENT FREE ACCESS FREE TRADE GDP GLOBALIZATION GLOBALIZATION OF FINANCIAL MARKETS GOVERNMENT INTERVENTION GRAVITY MODEL GROWTH MODELS IMPORT DUTIES IMPORTS INCOMPLETE MARKETS INFLATION INSURANCE INSURANCE MARKETS INTEREST RATE INTEREST RATES INTERNATIONAL FINANCIAL INTEGRATION INTERNATIONAL MARKETS INTERNATIONAL TRADE LEADING INDICATORS LENDING RATES LIQUIDATION M2 MACROECONOMIC BALANCE MACROECONOMIC POLICY MACROECONOMIC STABILITY MANDATES MARKET FAILURES MARKET SHARE MEASURE OF TRADE MONETARY AUTHORITIES MONETARY POLICY MONETARY REGIME MONETARY STABILITY MORAL HAZARD NATURAL MONOPOLIES OVERVALUATION OVERVALUED EXCHANGE RATES POLICY INSTRUMENTS POLITICAL ECONOMY PORTFOLIOS POSITIVE EFFECTS PREFERENTIAL TREATMENT PRICE INFLATION PRIVATE BANKS PRIVATE COMMERCIAL BANKS PRIVATIZATION PRODUCERS PRODUCTIVITY GROWTH PROFIT MARGINS PROFITABILITY PRUDENTIAL REGULATIONS PUBLIC DEBT QUOTAS REAL EXCHANGE RATE REAL GDP REGULATORY FRAMEWORK RESERVE REQUIREMENTS RISK PREMIA RISK TAKING SAVINGS SPECIALIZATION STATE BANKS STATE INTERVENTION STOCK MARKETS STRUCTURAL CHANGE TARIFF BARRIERS TARIFF RATE TARIFF RATES TAXATION TOTAL FACTOR PRODUCTIVITY TRADE AGREEMENT TRADE AGREEMENTS TRADE FLOWS TRADE INTENSITY TRADE LIBERALIZATION TRADE OPENING TRADE OPENNESS TRADE PARTNERS TRADE POLICY TRADE REFORM TRADE REFORMS TRANSPARENCY TRANSPORT TRANSPORT COSTS UNIFORM TARIFFS VALUE OF IMPORTS WEALTH WORLD TRADE ORGANIZATIONAL CHANGE DOMESTIC FINANCE GOVERNANCE INFRASTRUCTURE LABOR EMPLOYMENT MACROECONOMIC GROWTH PRIVATE SECTOR DEVELOPMENT PUBLIC SECTOR MANAGEMENT This paper presents 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, first, we discuss the general principles underlying market-oriented reform; second, we present various indicators of the policy stance in the area in question; and third, we present various outcome indicators of the policy stance. 2013-06-25T13:44:07Z 2013-06-25T13:44:07Z 2003-12 http://documents.worldbank.org/curated/en/2004/08/5071790/measurement-market-oriented-reforms http://hdl.handle.net/10986/14160 English en_US Policy Research Working Paper;No.3371 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, D.C. Publications & Research :: Policy Research Working Paper Publications & Research |