Progressivity of the personal income tax schedule, including top marginal rates, bracket spread, and targeted credits (EITC-equivalents).
Product-market regulation, entry barriers, licensing burdens, network-industry regulation, price controls.
Trade policy openness — tariffs, non-tariff barriers, FTAs, industrial protection.
Ease of hiring/firing, collective-bargaining scope, minimum wage rigidity, temporary/permanent contract regulation.
Spain's 19.84% devaluation of the peseta on 12 July 1977, conducted under the Suarez UCD government, was the centrepiece of the new democracy's macroeconomic adjustment programme that preceded the Pactos de la Moncloa of October 1977. The devaluation was paired with a more flexible managed-float regime and successive Bank of Spain interest-rate hikes. The intended effect was to restore competitiveness after the 1973 oil-shock current-account deterioration, anchor Spain's reintegration into the international monetary system, and create the conditions for the Moncloa consensus on wage moderation, fiscal reform, and structural liberalisation.
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.