A New Database of Financial Reforms
Ms. Enrica Detragiache · Mr. Abdul Abiad · Mr. Thierry Tressel
Dec 2008 · International Monetary Fund
Ebook
28
Pages
About this ebook
This paper introduces a new database of financial reforms, covering 91 economies over 1973–2005. It describes the content of the database, the information sources utilized, and the coding rules used to create an index of financial reform. It also compares the database with other measures of financial liberalization, provides descriptive statistics, and discusses some possible applications. The database provides a multi-faceted measure of reform, covering seven aspects of financial sector policy. Along each dimension the database provides a graded (rather than a binary) score, and allows for reversals.
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