Financial-sector regulation — banking separation, capital requirements, cross-border activity rules, derivatives oversight.
Sector-specific licensing regimes, concentration / quota allocation, state-controlled entry (energy, telecoms, healthcare, banking).
Direction of monetary-base expansion decisions relative to trend. Separate from fiscal.transfer_expansion even when correlated.
Prudential framework imposed by the PBoC and Ministry of Housing and Urban-Rural Development restricting property developers' debt growth based on three balance-sheet thresholds: (1) liabilities-to-assets ex-prereceivables ≤ 70%; (2) net-debt-to-equity ≤ 100%; (3) cash-to- short-term-debt ≥ 1x. Developers breaching all three ("red") could not increase interest-bearing liabilities; those breaching two ("orange"), one ("yellow"), or zero ("green") faced graduated caps. Precipitated the Evergrande default (December 2021), Country Garden distress (2023), and the 2022-2024 property-sector contraction with new-home starts down ~60% peak-to-trough and property-sector share of GDP contracting from ~25-29% (broad measure, Rogoff-Yang 2021) toward high-teens. Structural deleveraging with no systemic-banking bailout; 2024 housing-rescue measures (white list, relending facility, mortgage-rate cuts) represent cyclical relief rather than reversal of the framework.
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.