Product Market Regulation (PMR) indicators assess the extent to which public policies promote or inhibit market forces in several areas of product markets. Each of the areas addressed within the PMR methodology sheds light on specific restrictions of the regulatory framework both economy-wide and in key sectors of the economy on twelve topics: electricity; gas; telecom; post; transport; water; retail distribution; professional services; other sectors; administrative requirements for business start-ups; treatment of foreign parties; and others, such as governance of public-controlled enterprises or antitrust exclusions and exemptions. The information included in this dataset was collected as part of a partnership between the Markets & Competition Policy Global team of the World Bank Group (WBG) and the Economics Division of the Organisation for Economic Co-operation and Development (OECD) to produce PMR indicators for 10 LAC countries (Brazil, Costa Rica, Chile, Colombia, Dominican Republic, El Salvador, Honduras, Jamaica, Mexico, Nicaragua, Peru and Uruguay), later supported by the Inter-American Development Bank to produce indicators for 5 additional countries in the region (Bolivia, Ecuador, Guatemala, Panama and Paraguay). For further details on the PMR methodology, see the Product Market Regulation Indicators Homepage of the OECD.
