Reforms aimed to increase the efficiency of an economy
Main article: Microeconomics
Microeconomic reform (or often just economic reform) comprises policies directed to achieve improvements in economic efficiency, either by eliminating or reducing distortions in individual sectors of the economy or by reforming economy-wide policies such as tax policy and competition policy with an emphasis on economic efficiency, rather than other goals such as equity or employment growth.
"Economic reform" usually refers to deregulation, or at times to reduction in the size of government, to remove distortions caused by regulations or the presence of government, rather than new or increased regulations or government programs to reduce distortions caused by market failure. As such, these reform policies are in the tradition of laissez faire, emphasizing the distortions caused by government, rather than in ordoliberalism, which emphasizes the need for state regulation to maximize efficiency.
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Microeconomicreform (or often just economic reform) comprises policies directed to achieve improvements in economic efficiency, either by eliminating...
In microeconomics, economic efficiency, depending on the context, is usually one of the following two related concepts:[citation needed] Allocative or...
achieving the first federal budget surplus in Australian history, and reform of the taxation system, including the introduction of capital gains tax...
Australian manufacturing sector. This initiative, also known as microeconomicreform, helped Australian manufacturing to grow from 10.1% in 1983–1984...
relief than the spin-offs of more pro-growth focused endeavours. The MicroeconomicReform Strategy is a central component of the 2005 policy guidelines for...
that the social interest could be advanced through careful setting of microeconomic parameters: "What is profitable for society should be profitable for...
ISBN 0-522-84641-6 (ed., with John Langmore) TOC. 1996. Great Expectations: MicroeconomicReform and Australia, Allen & Unwin, Sydney, ISBN 1-86448-236-2 1998. Taxing...
Hypothecated tax Microeconomicreform New public management Participatory budgeting Religious Freedom Peace Tax Fund Act Tax reform Voluntary taxation...
Australian manufacturing sector. This initiative, also known as microeconomicreform, has helped Australian manufacturing to grow from 10.1% in 1983–1984...
government policies including financial management and accountability, microeconomicreform, and science and innovation strategies. CA 8247: Department of Industry...
community of Tasmania, particularly to infrastructure development and microeconomicreform. Australia portal Politics portal Members of the Tasmanian Legislative...
charges, and that a National Commission be created. At the time, microeconomicreform was a central policy of the Labor Commonwealth government. The cooperation...
Teataja - Land Reform Act (Text)". Retrieved 2018-02-22. Hare, P. G. (1999). Reconstituting the market : the political economy of microeconomic transformation...
Minister for Fuel and Energy Minister for MicroeconomicReform Minister for Parliamentary and Electoral Reform Minister assisting the Treasurer Dr Geoff...
Federal Treasurer Paul Keating, accusing him of dragging the chain on microeconomicreform and claiming that Keating's apparent lack of interest in fixing Federal-State...
which are described further, in following sections): Centre for the Microeconomic Analysis of Public Policy (CPP) Centre for the Evaluation of Development...
focuses on microfoundations - where macroeconomic models aggregate microeconomic results - and dynamic stochastic general equilibrium, allowing for heterogeneity...
created problems that forced change on the States. While the term microeconomicreform was not yet in use when the Greiner Government was elected in 1988...
credited with opening up Australia's economy by bringing in various microeconomicreforms as treasurer and setting up APEC's annual leaders meetings, pursuing...
industry and public finance Graham Charles Evans For service to microeconomicreform in the transport and communications fields Valerie Claire Fisher...
constraints and markets are not fully in equilibrium. More specifically, in microeconomics there are no fixed factors of production in the long-run, and there...
(UNRISD). Razavi praised the 2012 World Development Report's proposed microeconomicreforms to tackle economic gender inequality, but criticised the report...
cost-effective manner (microeconomic efficiency). A range of measures, such as better payment methods, have improved the microeconomic incentives facing providers...
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