Deregulation and Its Discontents: Rewriting the Rules in AsiaM. Ramesh, Michael Howlett Edward Elgar, 2006 - 250 pages Deregulation 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. |
From inside the book
Results 1-3 of 20
... subsidies to meet the selected obligations . Consider the following simple example of the problem . Regions 1 , 2 and 3 may be subsidized . The maximum subsidy for any region is 100 . Any firm would require a subsidy of 120 to serve any ...
... subsidy of 600 to serve just five regions . This is a disadvantage of distributing obligations through a series of auctions . Targeted Implicit Subsidy Obligations Another approach is to emulate the implicit subsidies typically used by ...
... subsidy wins , but the winner's subsidy is roughly what the other firm would accept . X , and Y , are the subsidies firms A and B will accept for region r , respectively . When regions are auctioned separately , the total subsidy is Σr ...
Contents
the evolution of dereregulation | 1 |
developing a responsive regulation | 13 |
race to the bottom | 29 |
Copyright | |
13 other sections not shown
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Deregulation and Its Discontents: Rewriting the Rules in Asia M. Ramesh,Michael Howlett Limited preview - 2006 |