Regulatory Reform, Competition, and Innovation

Regulatory Reform, Competition, and Innovation PDF

Author: Mark Andrew Dutz

Publisher: World Bank Publications

Published: 2000

Total Pages: 58

ISBN-13:

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Regulatory reform can spur innovations in infrastructure services, generating new downstream activities and magnifying the economywide benefits of reform. The national competition agency can help greatly in laying the groundwork for reform by making a compelling case for the reform's expected benefits.

Economic Regulation and Its Reform

Economic Regulation and Its Reform PDF

Author: Nancy L. Rose

Publisher: University of Chicago Press

Published: 2014-08-29

Total Pages: 619

ISBN-13: 022613816X

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The past thirty years have witnessed a transformation of government economic intervention in broad segments of industry throughout the world. Many industries historically subject to economic price and entry controls have been largely deregulated, including natural gas, trucking, airlines, and commercial banking. However, recent concerns about market power in restructured electricity markets, airline industry instability amid chronic financial stress, and the challenges created by the repeal of the Glass-Steagall Act, which allowed commercial banks to participate in investment banking, have led to calls for renewed market intervention. Economic Regulation and Its Reform collects research by a group of distinguished scholars who explore these and other issues surrounding government economic intervention. Determining the consequences of such intervention requires a careful assessment of the costs and benefits of imperfect regulation. Moreover, government interventions may take a variety of forms, from relatively nonintrusive performance-based regulations to more aggressive antitrust and competition policies and barriers to entry. This volume introduces the key issues surrounding economic regulation, provides an assessment of the economic effects of regulatory reforms over the past three decades, and examines how these insights bear on some of today’s most significant concerns in regulatory policy.

Leading Issues in Competition, Regulation, and Development

Leading Issues in Competition, Regulation, and Development PDF

Author: Paul Cook

Publisher: Edward Elgar Publishing

Published: 2004-01-01

Total Pages: 468

ISBN-13: 9781845420659

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The promotion of liberalized and deregulated markets by bilateral and multilateral aid donors, and by global institutions such as the WTO, has led to significant attention being paid to competition and regulatory reforms in developing economies. The process of reform involves the transfer and diffusion of market models derived from practice and theory in developed countries. However, in developing countries, regulation needs to do more than simply promote competitiveness and consumer interests: it also needs to ensure that the market nurtures development. By rigorously examining the numerous impacts of regulation, this book will help to fill a significant gap in the literature on economic and social development. The book, now available in paperback, draws together contributions from leading experts across a range of disciplines including economics, law, politics and governance, public management and business management. The authors begin with an extensive overview of the issues of regulation and competition in developing countries, and carefully illustrate the important themes and concepts involved. Using a variety of country and sector case studies, they move on to focus on the problems of applicability and adaptation that are experienced in the process of transferring best practice policy models from developed to developing countries. The book presents a clear agenda for further empirical research and is notable for its rigorous exploration of the links between theory and practice. Although there is substantial interest in competition and regulation, as yet there has been relatively little investigation of these issues in developing economies. This book redresses the balance and will be a valuable resource for researchers, academics, teachers and students interested in development economics and development studies. It will also be of great relevance for practitioners and policymakers working in the fields of competition policy and regulatory reform.

Competitiveness, innovation and regulatory reform

Competitiveness, innovation and regulatory reform PDF

Author:

Publisher:

Published: 2010

Total Pages: 0

ISBN-13:

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The Organization for Economic Co-operation and Development Alan Nymark was Deputy Minister in (OECD) has vigorously promoted regulatory reform and governments the departments of the environment, worldwide have introduced programs or initiatives to simplify their customs and revenue, and human regulatory environments and increase their economic competitiveness. [...] He The Government of Canada has looked most recently at the regulatory held senior executive positions in the system and regulatory reform through reports such as, Smart fields of health, industry and science policy, trade negotiations, and the Regulation: A Regulatory Strategy for Canada (2004) and Compete to Privy Council Office. [...] In its 2009 report, Innovation and Business Strategy, the Council suggested the need for public policies to: encourage investment in R&D, in particular in information and communications technologies; increase the exposure of Canadian business to competition and promote a stronger export orientation on the part of Canadian firms, especially those situated downstream in the value chain; improve earl [...] This strategy of extending the innovation strategy to eco-innovation, and recognizing the need to spur both industrial and energy transformations as sources of new engines for economic growth is perhaps the most profound challenge to our regulators, economy, and society in more than a generation. [...] In the US, the Obama Administration made the green economy and green jobs a centerpiece of its stimulus package in 2009 and highlighted it again in the 2010 State of the Union Address.

Reforming Infrastructure

Reforming Infrastructure PDF

Author: Ioannis Nicolaos Kessides

Publisher: World Bank Publications

Published: 2004

Total Pages: 328

ISBN-13:

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Electricity, natural gas, telecommunications, railways, and water supply, are often vertically and horizontally integrated state monopolies. This results in weak services, especially in developing and transition economies, and for poor people. Common problems include low productivity, high costs, bad quality, insufficient revenue, and investment shortfalls. Many countries over the past two decades have restructured, privatized and regulated their infrastructure. This report identifies the challenges involved in this massive policy redirection. It also assesses the outcomes of these changes, as well as their distributional consequences for poor households and other disadvantaged groups. It recommends directions for future reforms and research to improve infrastructure performance, identifying pricing policies that strike a balance between economic efficiency and social equity, suggesting rules governing access to bottleneck infrastructure facilities, and proposing ways to increase poor people's access to these crucial services.

OECD Regulatory Policy Outlook 2018

OECD Regulatory Policy Outlook 2018 PDF

Author: Collectif

Publisher: OECD

Published: 2018-10-10

Total Pages: 230

ISBN-13: 9264307044

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Laws and regulations govern the everyday life of businesses and citizens, and are important tools of public policy. Regulating has never been easy, but the overwhelming pace of technological change and unprecedented interconnectedness of economies has made it a daunting task. The 2018 Regulatory Policy Outlook, the second in the series, maps country efforts to improve regulatory quality in line with the 2012 OECD Recommendation on Regulatory Policy and Governance, and shares good regulatory practices. It provides unique insights into the organisation and institutional settings in countries for designing, enforcing and revising regulations. It also highlights areas of the regulatory cycle that receive too little attention from policy makers. Finally, it identifies areas where countries can invest to improve the quality of laws and regulations and presents innovative approaches to better regulation.