Publication:
On The Measurement of Market-Oriented Reforms

dc.contributor.authorLoayza, Norman V.
dc.contributor.authorSoto, Raimundo
dc.date.accessioned2013-06-25T13:44:07Z
dc.date.available2013-06-25T13:44:07Z
dc.date.issued2003-12
dc.description.abstractThis 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.en
dc.identifierhttp://documents.worldbank.org/curated/en/2004/08/5071790/measurement-market-oriented-reforms
dc.identifier.doi10.1596/1813-9450-3371
dc.identifier.urihttps://hdl.handle.net/10986/14160
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, D.C.
dc.relation.ispartofseriesPolicy Research Working Paper;No.3371
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCOUNTING
dc.subjectADVERSE SELECTION
dc.subjectAGGREGATE CONSUMPTION
dc.subjectAGRICULTURE
dc.subjectANTI-COMPETITIVE PRACTICES
dc.subjectARBITRAGE
dc.subjectASSET PRICES
dc.subjectASSETS
dc.subjectAVERAGE TARIFF
dc.subjectAVERAGE TARIFFS
dc.subjectBALANCE OF PAYMENTS
dc.subjectBANK RUNS
dc.subjectBANKRUPTCY
dc.subjectBANKRUPTCY LAW
dc.subjectBENCHMARK
dc.subjectBONDS
dc.subjectCAPITAL ACCOUNT
dc.subjectCAPITAL FLIGHT
dc.subjectCAPITAL FLOWS
dc.subjectCAPITAL MARKET
dc.subjectCAPITAL MARKETS
dc.subjectCAPITALIZATION
dc.subjectCENTRAL BANK
dc.subjectCENTRAL BANKS
dc.subjectCLOSED ECONOMIES
dc.subjectCOMMERCIAL BANKS
dc.subjectCOMMERCIAL CREDITS
dc.subjectCOMPARATIVE ADVANTAGE
dc.subjectCOMPARATIVE ADVANTAGES
dc.subjectCONSUMERS
dc.subjectCONTAGION
dc.subjectCORPORATE CONTROL
dc.subjectCOST OF CAPITAL
dc.subjectCURRENCY
dc.subjectCURRENT ACCOUNT
dc.subjectCUSTOMS FEES
dc.subjectDEBT
dc.subjectDEMAND DEPOSITS
dc.subjectDEREGULATION
dc.subjectDEVELOPMENT BANKS
dc.subjectDISCLOSURE OF INFORMATION
dc.subjectDISEQUILIBRIUM
dc.subjectDOMESTIC INDUSTRY
dc.subjectDOMESTIC MARKET
dc.subjectDOMESTIC PRODUCERS
dc.subjectDOMESTIC PRODUCTION
dc.subjectECONOMIC ACTIVITY
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC EFFICIENCY
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIES OF SCALE
dc.subjectEMPIRICAL EVIDENCE
dc.subjectEMPLOYMENT
dc.subjectEQUITY INVESTMENTS
dc.subjectEXCESS DEMAND
dc.subjectEXCHANGE RATE
dc.subjectEXCHANGE RATES
dc.subjectEXPORTERS
dc.subjectEXPORTS
dc.subjectEXTERNAL SHOCKS
dc.subjectEXTERNAL TRADE
dc.subjectFINANCIAL ASSETS
dc.subjectFINANCIAL CRISES
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL DEREGULATION
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL INTEGRATION
dc.subjectFINANCIAL INTERNATIONALIZATION
dc.subjectFINANCIAL MARKETS
dc.subjectFINANCIAL REFORM
dc.subjectFINANCIAL REGULATION
dc.subjectFINANCIAL RESOURCES
dc.subjectFINANCIAL SECTOR
dc.subjectFINANCIAL SERVICES
dc.subjectFINANCIAL SYSTEMS
dc.subjectFINANCIAL TRANSACTIONS
dc.subjectFISCAL POLICIES
dc.subjectFISHING
dc.subjectFORECASTS
dc.subjectFOREIGN ASSETS
dc.subjectFOREIGN BANKS
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFOREIGN EXCHANGE
dc.subjectFOREIGN FIRMS
dc.subjectFOREIGN INVESTMENT
dc.subjectFREE ACCESS
dc.subjectFREE TRADE
dc.subjectGDP
dc.subjectGLOBALIZATION
dc.subjectGLOBALIZATION OF FINANCIAL MARKETS
dc.subjectGOVERNMENT INTERVENTION
dc.subjectGRAVITY MODEL
dc.subjectGROWTH MODELS
dc.subjectIMPORT DUTIES
dc.subjectIMPORTS
dc.subjectINCOMPLETE MARKETS
dc.subjectINFLATION
dc.subjectINSURANCE
dc.subjectINSURANCE MARKETS
dc.subjectINTEREST RATE
dc.subjectINTEREST RATES
dc.subjectINTERNATIONAL FINANCIAL INTEGRATION
dc.subjectINTERNATIONAL MARKETS
dc.subjectINTERNATIONAL TRADE
dc.subjectLEADING INDICATORS
dc.subjectLENDING RATES
dc.subjectLIQUIDATION
dc.subjectM2
dc.subjectMACROECONOMIC BALANCE
dc.subjectMACROECONOMIC POLICY
dc.subjectMACROECONOMIC STABILITY
dc.subjectMANDATES
dc.subjectMARKET FAILURES
dc.subjectMARKET SHARE
dc.subjectMEASURE OF TRADE
dc.subjectMONETARY AUTHORITIES
dc.subjectMONETARY POLICY
dc.subjectMONETARY REGIME
dc.subjectMONETARY STABILITY
dc.subjectMORAL HAZARD
dc.subjectNATURAL MONOPOLIES
dc.subjectOVERVALUATION
dc.subjectOVERVALUED EXCHANGE RATES
dc.subjectPOLICY INSTRUMENTS
dc.subjectPOLITICAL ECONOMY
dc.subjectPORTFOLIOS
dc.subjectPOSITIVE EFFECTS
dc.subjectPREFERENTIAL TREATMENT
dc.subjectPRICE INFLATION
dc.subjectPRIVATE BANKS
dc.subjectPRIVATE COMMERCIAL BANKS
dc.subjectPRIVATIZATION
dc.subjectPRODUCERS
dc.subjectPRODUCTIVITY GROWTH
dc.subjectPROFIT MARGINS
dc.subjectPROFITABILITY
dc.subjectPRUDENTIAL REGULATIONS
dc.subjectPUBLIC DEBT
dc.subjectQUOTAS
dc.subjectREAL EXCHANGE RATE
dc.subjectREAL GDP
dc.subjectREGULATORY FRAMEWORK
dc.subjectRESERVE REQUIREMENTS
dc.subjectRISK PREMIA
dc.subjectRISK TAKING
dc.subjectSAVINGS
dc.subjectSPECIALIZATION
dc.subjectSTATE BANKS
dc.subjectSTATE INTERVENTION
dc.subjectSTOCK MARKETS
dc.subjectSTRUCTURAL CHANGE
dc.subjectTARIFF BARRIERS
dc.subjectTARIFF RATE
dc.subjectTARIFF RATES
dc.subjectTAXATION
dc.subjectTOTAL FACTOR PRODUCTIVITY
dc.subjectTRADE AGREEMENT
dc.subjectTRADE AGREEMENTS
dc.subjectTRADE FLOWS
dc.subjectTRADE INTENSITY
dc.subjectTRADE LIBERALIZATION
dc.subjectTRADE OPENING
dc.subjectTRADE OPENNESS
dc.subjectTRADE PARTNERS
dc.subjectTRADE POLICY
dc.subjectTRADE REFORM
dc.subjectTRADE REFORMS
dc.subjectTRANSPARENCY
dc.subjectTRANSPORT
dc.subjectTRANSPORT COSTS
dc.subjectUNIFORM TARIFFS
dc.subjectVALUE OF IMPORTS
dc.subjectWEALTH
dc.subjectWORLD TRADE ORGANIZATIONAL CHANGE
dc.subjectDOMESTIC FINANCE
dc.subjectGOVERNANCE
dc.subjectINFRASTRUCTURE
dc.subjectLABOR
dc.subjectEMPLOYMENT
dc.subjectMACROECONOMIC GROWTH
dc.subjectPRIVATE SECTOR DEVELOPMENT
dc.subjectPUBLIC SECTOR MANAGEMENT
dc.titleOn The Measurement of Market-Oriented Reformsen
dspace.entity.typePublication
okr.crosscuttingsolutionareaJobs
okr.crossref.titleOn the Measurement of Market-Oriented Reforms
okr.date.doiregistration2025-04-10T10:48:59.989572Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2004/08/5071790/measurement-market-oriented-reforms
okr.globalpracticeSocial Protection and Labor
okr.globalpracticeFinance and Markets
okr.globalpracticeTrade and Competitiveness
okr.guid952111468779183999
okr.identifier.doi10.1596/1813-9450-3371
okr.identifier.externaldocumentum000009486_20040831084946
okr.identifier.internaldocumentum5071790
okr.identifier.reportWPS3371
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2004/08/31/000009486_20040831084946/Rendered/PDF/wps3371MARKET.pdfen
okr.topicFinance and Financial Sector Development::Financial Intermediation
okr.topicSocial Protections and Labor::Labor Policies
okr.topicBanks and Banking Reform
okr.topicInternational Economics and Trade::Free Trade
okr.topicPayment Systems and Infrastructure
okr.topicEconomic Theory and Research
okr.topicEnvironmental Economics and Policies
okr.unitOff of Sr VP Dev Econ/Chief Econ (DECVP)
okr.volume1 of 1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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