PUBLIC POLICY · COMPARATIVE EVIDENCE

Policy Case Atlas

Comparative evidence on implemented policies and institutional transitions. Cases are not rankings, endorsements or binary success/failure labels.

4verified cases

4countries

1active domains

4deep studies

METHOD

Compare mechanisms, not labels

Each case preserves sequencing, context, distributional effects and transfer limits. The atlas does not assign an overall success/failure score.

01problem
02institutional design
03incentives
04implementation
05financing
06adaptation
07outcomes
08distribution
09second-order effects
10durability
11transfer limits

MATRIX

Structural case comparison

The matrix contains only comparable fields. Full interpretation appears in the case dossiers below.

Country	Intervention	Launch	Domain	Evidence	Deep study
BrazilBR	Real Plan and URV	Jul 01, 1994	Monetary Stabilization	Verified	Available
IsraelIL	Economic Stabilization Program	Jul 1985	Monetary Stabilization	Verified	Available
BoliviaBO	1985 macroeconomic stabilization	Aug 1985	Monetary Stabilization	Verified	Available
ArgentinaAR	Convertibility regime	Apr 01, 1991	Monetary Stabilization	Verified	Available

On small screens, each matrix row reorganizes vertically.

CASES

Mechanism, outcome and transferability

Each block keeps separate the initial problem, intervention design, observed outcome and the conditions that limit replication.

Monetary Stabilization1993 – institutional aftermath2026-09-22

Real Plan and URV

Brazil

Initial problem

Chronic high inflation reinforced by backward-looking indexation and repeated nominal repricing.

Mechanism

Fiscal measures preceded a four-month unit-of-account transition in which the URV separated price denomination from the depreciating means of payment, followed by conversion into the real and supporting monetary, credit and exchange-rate measures.

Observed outcome

Inflation fell abruptly after the July 1994 conversion and remained far below pre-plan rates; later banking stress, fiscal pressures and the exchange-rate regime required additional institutional adjustments.

Transfer limits

The mechanism depended on pervasive indexation, administrative conversion capacity, fiscal measures, functioning financial infrastructure and a credible path from the unit of account to a new currency.

Monetary Stabilization1985 – institutional aftermath2026-09-22

Economic Stabilization Program

Israel

Initial problem

Very high inflation, fiscal imbalance and exchange-rate instability.

Mechanism

A coordinated package combined fiscal restraint, limits on monetary financing, exchange-rate stabilization and an incomes-policy agreement affecting wages and prices.

Observed outcome

Inflation fell sharply after the program while fiscal and monetary institutions changed to reduce recurrence; the package makes attribution to one instrument inappropriate.

Transfer limits

The program relied on negotiated incomes policy, fiscal action, exchange-rate management and institutional change rather than a standalone freeze.

Monetary Stabilization1985 – institutional aftermath2026-09-22

1985 macroeconomic stabilization

Bolivia

Initial problem

Hyperinflation associated with severe fiscal imbalance and monetary financing.

Mechanism

Abrupt fiscal correction reduced central-bank budget financing while broader reforms changed prices, exchange arrangements and market controls.

Observed outcome

Hyperinflation ended rapidly and inflation declined substantially over subsequent years; longer-run growth and distribution remained separate problems.

Transfer limits

The case involved an extreme fiscal-monetary crisis; the magnitude and political feasibility of correction cannot be inferred for lower-inflation environments.

Monetary Stabilization1991 – Jan 20022026-09-22

Convertibility regime

Argentina

Initial problem

High inflation and loss of confidence in the domestic currency.

Mechanism

The peso was tied to the U.S. dollar under a legal convertibility rule, monetary liabilities were linked to foreign-exchange reserves and central-bank financing powers were constrained.

Observed outcome

The regime rapidly reduced inflation and accompanied strong early-1990s growth, but fiscal, debt, external and real-exchange-rate vulnerabilities accumulated before default and abandonment of convertibility in 2001–02.

Transfer limits

A hard nominal anchor can stabilize prices while restricting adjustment to later shocks; debt currency composition, fiscal institutions, reserves and real-exchange-rate dynamics are central to sustainability.