An Index that encourages Government Reforms

13 August 2020 by IdeaSpies

Governance

Australian Federal and state governments will have their reform efforts ranked in a new index that measures their benefits to the economy and is expected to build pressure for further action.

AlphaBeta has created the index to measure reform across every federal government since 1984 and plans to extend it to state governments.

The index – known as the "Structural Reform Momentum Index" – ranks each piece of reform out of 10 in terms of its economic impact. It then adds the scores together to give a five-year rolling average score for each year.

https://www.afr.com/policy/economy/official-reform-efforts-hit-multi-decade-low-20200811-p55kp9

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Australian Institute for Ethics

Australia - as with many other liberal democracies - has a problem with TRUST!Loss of trust in our institutions and their leaders continues to wear down our social fabric. Continued flagrant lying by our politicians (including Prime Ministers) is just one example of why institutional trust is at such a low ebb.For the sake of future generations, we need to reverse this situation.Establishing and broad community support for an Ethics Institute would be a significant first step in stopping the rot and re-building trust and the compact that underpins our social fabric and order.

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