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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The low electricity rate dampened the incentives for reducing electricity consumption , and created a bias toward electricity - intensive industries . In addition , there was no mechanism by which to link the rates to increases in ...
Deregulation turns out to require reregulation or a smarter regulation that would create incentives for self - regulation . In fast moving and interlinked markets regulators do not have the information or clout to impose the earlier ...
Laffont ( 2005 ) argues that poor monitoring in developing countries limits the power of incentives that regulators of public services can give service providers . But technology is changing this quickly , especially in stock markets ...
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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 |