The following are just a few that stand out: the protection of property rights, the deregulation of non-public enterprises, further liberalization of prices, financial reform, a revision of government’s role in the economy, urban and rural development, and additional areas opened to FDI.
3.2  Monitoring a wide range of expectation indicators  The ECB does not rely on a single indicator when monitoring expectations but rather takes a comprehensive and pragmatic approach that balances off the information provided by various sources. By their very nature, inflation expectations are not directly observable or measurable.