Abstract Latin American countries could only avoid to fall further behind their East Asian competitors if they adopt neo-liberal reforms. This is because external help cannot substitute for internal reforms and because Latin American countries lack the basis for cooperative policy implementation...

This paper presents a new set of indicators concerning the status of economic reform in the candidate countries for the enlargement of the European Union which is scheduled for 2004. After an overview of indicators of institutional development, macroeconomic policy and trade policy, a composite...