De jure and de facto independence of the central bank from fiscal authority. Per D.1.5 scope, one of the framework's defensible monetary positions.
General government spending as share of GDP, excluding transfers already captured under fiscal.transfer_expansion to avoid double-counting.
Product-market regulation, entry barriers, licensing burdens, network-industry regulation, price controls.
Trade policy openness — tariffs, non-tariff barriers, FTAs, industrial protection.
In March 1994 finance minister Cardoso introduced the Unidade Real de Valor (URV), a virtual reference unit pegged to the US dollar that all prices, wages, and contracts were progressively re-denominated into during a four-month transition. By forcing simultaneous voluntary re-indexation, the URV stripped inertial inflation expectations out of the price system without shock measures, paving the way for the launch of the new real currency on 1 July 1994.
Per invariant 3, reforms are scored by what they did on each channel-separated axis, not by the party that enacted them. This fingerprint is how the policy-match engine finds historical analogues.
Explicit links are curated by the author. Inferred links are hypotheses in the library that test the same axes this policy moved — the framework's answer to "what does the data say about a policy like this?".
Ranked by axis-fingerprint overlap with this policy. Direction match bolded — those are the closest historical analogues. Shape of the match is what drives policy-outcome comparison, not the country or party label.