Often hailed as a paradigm of market-oriented reforms, Chile's thorough liberalisation has come at a hefty price.

ECONOMIST: Pakistan's choice

But for all their worries, private entrepreneurs are gaining wealth faster than any other group, thanks to market-oriented reforms.

ECONOMIST: China's middle class: To get rich is glorious | The

It should be replaced with market-oriented reforms that actually address the pernicious incentives now driving Medicare off a fiscal cliff.

FORBES: President Obama's Dangerous New Medical Board

The high medical costs in some PCIPs could also portend higher costs of funding expanded high risk pools as part of market-oriented reforms.

FORBES: Low enrollment but high costs for Pre-Existing Condition Insurance Plans

Other market-oriented reforms, such as a cut in the unreasonably high subsidy on fertiliser, looked more a sop to the government's critics, and many doubt that the unpopular measure will ever obtain parliamentary approval.

ECONOMIST: India

Hedge fund managers, who have played a dominant role in pushing market-oriented school reforms, like nonunionized charter schools, have had their comeuppance as improving achievement has proven far more difficult than they anticipated.

FORBES: An End to the Education Reform Myths

Peru's economy has shown strong growth over the past 7 years, averaging 6.8% a year, helped by market-oriented economic reforms and privatizations in the 1990s, and measures taken since 2001 to promote trade and attract investment.

CENTERFORSECURITYPOLICY: Peru today