Financial-sector regulation — banking separation, capital requirements, cross-border activity rules, derivatives oversight.
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.
Size of cash and near-cash transfer programmes (unemployment benefits, means-tested assistance, universal child benefits). Architecturally distinct from forced-saving schemes — see condition welfare_architecture.
On 2 July 1997 the Bank of Thailand abandoned the de facto US dollar peg and adopted a managed-float exchange rate after exhausting reserves defending the basket peg against speculative attack. The baht depreciated by roughly 50 percent within months, exposing dollar-denominated foreign liabilities of Thai banks and corporates and triggering the Asian Financial Crisis. The float marked the starting point of Thailand's IMF programme and structural reform agenda.
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.