Market-based instrument
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Market-based instruments (MBIs) span a range of measures and approaches. Fundamentally, they are policy measures that influence outcomes through their effect on costs and profits. In the hands of policymakers, they can affect the operation of established markets or create new ones. They are commonly also referred to as ‘economic’ instruments because they attribute value to assets and directly affect decisions based on considerations of price and income.
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| Field | Value |
|---|---|
| Data last updated | November 9, 2022 |
| Metadata last updated | January 26, 2023 |
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| Position | 17 |
| Resource type | web |
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