Table 5.3

Intensity of Business Involvement, by Scope of Benefits and Speed of Implementation p
 
Scope of benefits
Speed of implementation
Narrow
Broad
Rapid
  • Privatization
  • Deregulation
  • Elimination of specific tax loopholes and exemptions
    		•
  • Uniform changes in taxes, pensions, or tariffs
  • Fiscal decentralization
    		•
    Lengthy
  • Sectoral regulation (public utilities such as energy and telecom)
  • Administrative reform
  • Education policy
  • Trade agreements
    		•

    Note: Shaded boxes indicate more intense business involvement.
    Source: Schneider (2005).