PWC's Opacity Index

http://www.kurtzmangroup.com/opacity_index.htm

Don't be fooled by imitators! Both www.opacity-index.com and PWC's own web site contain only the original 2001 index. For 2004, you need the Kurtzman link above.

Loosely, the index measures the degree to which a country's regulatory environment fosters the development of capital markets, which, as two University of Chicago profs argued in a recent, superb book, is surprisingly crucial for a country's economic development.

KEYWORDS: economic openness, regulatory quality