Draft Methodology for Measuring Change in Market Systems

Abstract

This document provides a brief overview of a methodology for measuring change in market systems. It describes a cycle of steps that enable the development, validation, use, and adaptation of a set of indicators for measuring system change. The following are included: • methodology description; • application of the methodology to the financial subsystem, including development of specific indicators; and • application of the methodology to explore the regulatory subsystem’s impact on other areas, including development of specific indicators.