On the Measurement of Market-Oriented Reforms

On the Measurement of Market-Oriented Reforms PDF Author: Norman Loayza
Publisher:
ISBN:
Category :
Languages : en
Pages : 66

Get Book Here

Book Description
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 - a product of Investment Climate Team, Development Research Group - is part of a larger effort in the group to understand the process of economic reform.

On the Measurement of Market-Oriented Reforms

On the Measurement of Market-Oriented Reforms PDF Author: Norman Loayza
Publisher:
ISBN:
Category :
Languages : en
Pages : 66

Get Book Here

Book Description
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 - a product of Investment Climate Team, Development Research Group - is part of a larger effort in the group to understand the process of economic reform.

On the Measurement of Market-oriented Reforms

On the Measurement of Market-oriented Reforms PDF Author: Raimundo Soto
Publisher: World Bank Publications
ISBN:
Category : Free trade
Languages : en
Pages : 66

Get Book Here

Book Description
"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 Group is part of a larger effort in the group to understand the process of economic reform"--World Bank web site.

On The Measurement of Market-Oriented Reforms

On The Measurement of Market-Oriented Reforms PDF Author: Norman V. Loayza
Publisher:
ISBN:
Category :
Languages : en
Pages :

Get Book Here

Book 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.

Market-oriented Reforms

Market-oriented Reforms PDF Author: Norman V. Loayza
Publisher:
ISBN:
Category : Economic stabilization
Languages : en
Pages : 42

Get Book Here

Book Description


Market-oriented reforms

Market-oriented reforms PDF Author: Norman V. Loayza
Publisher:
ISBN:
Category :
Languages : es
Pages : 84

Get Book Here

Book Description


The World Bank Research Observer

The World Bank Research Observer PDF Author:
Publisher:
ISBN:
Category : Computer network resources
Languages : en
Pages : 300

Get Book Here

Book Description


China’s 40 Years of Reform and Development: 1978–2018

China’s 40 Years of Reform and Development: 1978–2018 PDF Author: Ross Garnaut
Publisher: ANU Press
ISBN: 176046225X
Category : Business & Economics
Languages : en
Pages : 709

Get Book Here

Book Description
The year 2018 marks 40 years of reform and development in China (1978–2018). This commemorative book assembles some of the world’s most prominent scholars on the Chinese economy to reflect on what has been achieved as a result of the economic reform programs, and to draw out the key lessons that have been learned by the model of growth and development in China over the preceding four decades. This book explores what has happened in the transformation of the Chinese economy in the past 40 years for China itself, as well as for the rest of the world, and discusses the implications of what will happen next in the context of China’s new reform agenda. Focusing on the long-term development strategy amid various old and new challenges that face the economy, this book sets the scene for what the world can expect in China’s fifth decade of reform and development. A key feature of this book is its comprehensive coverage of the key issues involved in China’s economic reform and development. Included are discussions of China’s 40 years of reform and development in a global perspective; the political economy of economic transformation; the progress of marketisation and changes in market-compatible institutions; the reform program for state-owned enterprises; the financial sector and fiscal system reform, and its foreign exchange system reform; the progress and challenges in economic rebalancing; and the continuing process of China’s global integration. This book further documents and analyses the development experiences including China’s large scale of migration and urbanisation, the demographic structural changes, the private sector development, income distribution, land reform and regional development, agricultural development, and energy and climate change policies.

On the Measurement of Market-orinted Reforms

On the Measurement of Market-orinted Reforms PDF Author: Norman Loayza
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Get Book Here

Book Description


Structural Reforms and Economic Performance in Advanced and Developing Countries

Structural Reforms and Economic Performance in Advanced and Developing Countries PDF Author: Mr.Jonathan David Ostry
Publisher: International Monetary Fund
ISBN: 1589068181
Category : Business & Economics
Languages : en
Pages : 62

Get Book Here

Book Description
This volume examines the impact on economic performance of structural policies-policies that increase the role of market forces and competition in the economy, while maintaining appropriate regulatory frameworks. The results reflect a new dataset covering reforms of domestic product markets, international trade, the domestic financial sector, and the external capital account, in 91 developed and developing countries. Among the key results of this study, the authors find that real and financial reforms (and, in particular, domestic financial liberalization, trade liberalization, and agricultural liberalization) boost income growth. However, growth effects differ significantly across alternative reform sequencing strategies: a trade-before-capital-account strategy achieves better outcomes than the reverse, or even than a "big bang"; also, liberalizing the domestic financial sector together with the external capital account is growth-enhancing, provided the economy is relatively open to international trade. Finally, relatively liberalized domestic financial sectors enhance the economy's resilience, reducing output costs from adverse terms-of-trade and interest-rate shocks; increased credit availability is one of the key mechanisms.

Reform by Numbers

Reform by Numbers PDF Author: Thomas Cantens
Publisher: World Bank Publications
ISBN: 0821397133
Category : Business & Economics
Languages : en
Pages : 175

Get Book Here

Book Description
This book was written in the context of new and innovative policies for customs and tax administration reform. Eight chapters describe how measurement and various quantification techniques may be used to fight against corruption, improve cross-border celerity, boost revenue collection, and optimize the use of public resources. More than presenting “best practices” and due to the association of academics and practitioners, the case studies explore the conditions under which measurement has been introduced and the effects on the administrative structure, and its relations with the political authority and the users. By analyzing the introduction of measurement to counter corruption and improve revenue collection in Cameroon, two chapters describe to which extent the professional culture has changed and what effects have been noted or not on the public accountability of fiscal administrations. Two other chapters present experiments of uses of quantification to develop risk analysis in Cameroon and Senegal. By using mirror analysis on the one hand and data mining on the other hand, these two examples highlight the importance of automated customs clearance systems which collect daily extensive data on users, commodities flows and officials. One chapter develops the idea of measuring smuggling to improve the use of human and material resources in Algeria and nurture the questioning on the adaptation of a legal framework to the social context of populations living near borders. Finally, two examples of measurement policies, in France and in South Korea, enlighten the diversity of measurement, the specificities of developing countries and the convergences between developing and developed countries on common stakes such as trade facilitation and better use of public funds.