Deregulation and Its Discontents: Rewriting the Rules in AsiaDeregulation and its Discontents examines the different ways in which the issues related to deregulation and reregulation have been addressed in Asia. The role of government in business has gone through distinct, if overlapping, cycles: regulation, deregulation and reregulation. However, little is known about deregulation and even less about reregulation, particularly in relation to Asia. The contributors to this book examine the links between the cycles through detvailed analyses of the electricity market, pensions and stock markets in the Asia Pacific. They also offer an explanation of regulatory cycles. This unique and inter-disciplinary book is thoroughly accessible and will be suitable for specialist as well as non-specialist readers. It will appeal to academics and researchers of public sector economics, Asian studies - and the political economy of Asia in particular - as well as public officials dealing with regulatory issues. |
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5 The increasing share of expenditures on electricity can be explained by rising tariffs , falling income , reduced rationing ( as service quality improved ) , or inelastic demand . That the share falls monotonically across the welfare ...
A power crisis was looming as PLN's total installed capacity fell short of meeting the total demand ( Far East Economic Review 1990 ) . In comparison , the situation in the Philippines was even worse . Brownouts often ranged from four ...
For example , raising electricity rates to the long - run marginal cost level ( including the marginal cost of production and cost of expansion ) may not only dampen the demand for electricity but also provide both the means and the ...
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Contents
developing a responsive regulation | 13 |
race to the bottom | 29 |
Tables | 45 |
Copyright | |
10 other sections not shown
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Deregulation and Its Discontents: Rewriting the Rules in Asia M. Ramesh,Michael Howlett Limited preview - 2006 |