OECD Reviews of Regulatory Reform Regulatory Policy in Chile Government Capacity to Ensure High Quality Regulation

Chile enjoys a very sound macroeconomic framework and economic resilience, partly due to a prudent regulatory and supervisory framework for its financial system.

Author: OECD

Publisher: OECD Publishing

ISBN: 9789264254596

Category:

Page: 248

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Chile enjoys a very sound macroeconomic framework and economic resilience, partly due to a prudent regulatory and supervisory framework for its financial system. Nevertheless, Chile lacks a comprehensive regulatory reform programme. This report examines how Chile can ensure high-quality regulation.
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Taking Stock of Regulatory Reform A Multidisciplinary Synthesis

The OECD has collectively underlined the importance of a high quality regulatory environment since the mid 1990s when the Council adopted the 1995 Recommendation on Improving the Quality of Government Regulation and its checklist as the ...

Author: OECD

Publisher: OECD Publishing

ISBN: 9789264056572

Category:

Page: 93

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The OECD has collectively underlined the importance of a high quality regulatory environment since the mid 1990s when the Council adopted the 1995 Recommendation on Improving the Quality of Government Regulation and its checklist as the first ...
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Regulatory Reform in Canada

From the Introduction: This study examines the nature of and prospects for regulatory reform in Canada.

Author: W. T. Stanbury

Publisher: IRPP

ISBN: 0920380719

Category: Law

Page: 139

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From the Introduction: This study examines the nature of and prospects for regulatory reform in Canada. In particular, we are concerned with the elimination of liberalization of direct regulation in such industries as telecommunications, airlines, trucking, and agriculture ... In focusing our attention on the prospects for reforming direct regulation in Canada, we do not wish to slight the potential value of reforming the regulatory process. But most procedural reforms focus on the margin or flow of new regulation while deregulation proper is aimed at reducing the enourmous stock already in existence ... Within the field of direct regulation we have further narrowed our analysis to the role of the federal government as regulator.
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The Regulation of International Financial Markets

Starting with an analysis of the regulatory problems at the international level, with only minimal powers entrusted to international organisations, this book develops various possibilities for reform.

Author: Rainer Grote

Publisher: Cambridge University Press

ISBN: 9781139450348

Category: Law

Page:

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International financial relations have become increasingly important for the development of global and national economies. At present these relations are primarily governed by market forces, with little regulatory interference at the international level. In the light of numerous financial crises, this abstinence must be seriously questioned. Starting with an analysis of the regulatory problems at the international level, with only minimal powers entrusted to international organisations, this book develops various possibilities for reform. On the basis of an historical analysis, the book first adopts a comparative approach to national attempts to regulate international financial markets, then outlines the potential of relevant institutions and finally develops a policy perspective. It seeks to provide a framework for analysing options for the regulation of international financial markets from a public international law and comparative law perspective.
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Reviving Regulatory Reform

"Hahn argues that the forces of globalization, increases in average wealth, and our growing understanding of regulatory impacts will dramatically alter the nature of regulation in the years ahead.

Author: Robert W. Hahn

Publisher: A E I Press

ISBN: UOM:39015049735791

Category: Political Science

Page: 119

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"Hahn argues that the forces of globalization, increases in average wealth, and our growing understanding of regulatory impacts will dramatically alter the nature of regulation in the years ahead. We are likely to see more economic deregulation and more social regulation. The increase in economic deregulation is likely to be good for the average citizen, while the changes in social regulation will have both advantages and disadvantages. In general, regulation will become more effective as human beings develop regulatory institutions that are better suited to their economic and social needs. The news, he concludes, is not all good from an economic standpoint, but the general direction of the change is quite positive."--Jacket.
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Regulatory Reform in China and the Eu

This timely book analyses comparative Chinese and EU regulatory reform from a Law and Economics perspective.

Author: Niels Philipsen

Publisher: Edward Elgar Publishing

ISBN: 1785368532

Category:

Page: 296

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With the Chinese government planning a comprehensive and detailed reform of regulatory law, the European experience is likely to contribute significantly. This timely book analyses comparative Chinese and EU regulatory reform from a Law and Economics perspective. With eminent international contributors, Regulatory Reform in China and the EU sets out a reform agenda by addressing financial markets, social and administrative regulation, and environmental protection. The first part of the book discusses the banking sector reform and the stock market regulation concerning institutional investors, insider trading and private enforcement. A second part discusses contract law and considers how EU state aid policy could also influence reform on (local) government in other jurisdictions. Third, environmental pollution and the need for stricter regulation are considered, with a focus on the possibilities of investment in new technology, such as offshore carbon capture and storage, economic growth and the nexus between WTO law and climate change. The fourth and final part of the book includes an essay by Jonathan Klick on the empirical analysis of regulation, with a particular focus on field experiments in China. Academics and postgraduate students of both Economics and Law with a particular interest in regulation will find this book valuable and compelling. Policymakers and practitioners will also benefit from the insights revealed by the collaboration of lawyers and economists.
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Freer Markets More Rules

Thus, the story of deregulation is one rich in paradox: a movement aimed at reducing regulation increased it; a movement propelled by global forces reinforced national differences; and a movement that purported to reduce state power was led ...

Author: Steven Kent Vogel

Publisher: Cornell University Press

ISBN: 0801485347

Category: Business & Economics

Page: 296

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In defiance of conventional wisdom, Vogel contends that the deregulation revolution of the 1980s and 1990s never happened. The advanced industrial countries moved toward liberalization or freer markets at the same time that they imposed reregulation or more rules. Moreover, the countries involved did not converge in regulatory practice but combined liberalization and reregulation in markedly different ways. The state itself, far more than private interest groups, drove the process of regulatory reform. Thus, the story of deregulation is one rich in paradox: a movement aimed at reducing regulation increased it; a movement propelled by global forces reinforced national differences; and a movement that purported to reduce state power was led by the state itself.
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Regulation and Its Reform

This book will become the bible of regulatory reform.

Author: Stephen G. Breyer

Publisher: Harvard University Press

ISBN: 0674753763

Category: Law

Page: 486

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This book will become the bible of regulatory reform. No broad, authoritative treatment of the subject has been available for many years except for Alfred Kahn's Economics of Regulation (197O). And Stephen Breyer's book is not merely a utilitarian analysis or a legal discussion of procedures; it employs the widest possible perspective to survey the full implications of government regulation—economic, legal, administrative, political—while addressing the complex problems of administering regulatory agencies. Only a scholar with Judge Breyer's practical experience as chief counsel to the Senate Judiciary Committee could have accomplished this task. He develops an ingenious original system for classifying regulatory activities according to the kinds of problems that have called for, or have seemed to call for, regulation; he then examines how well or poorly various regulatory regimes remedy these market defects. This enables him to organize an enormous amount of material in a coherent way, and to make significant and useful generalizations about real-world problems. Among the regulatory areas he considers are health and safety; environmental pollution, trucking, airlines, natural gas, public utilities, and telecommunications. He further gives attention to related topics such as cost-of-service ratemaking, safety standards, antitrust, and property rights. Clearly this is a book whose time is here—a veritable how-to-do-it book for administration deregulators, legislators, and the judiciary; and because it is comprehensive and superbly organized, with a wealth of highly detailed examples, it is practical for use in law schools and in courses on economics and political science.
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Leading Issues in Competition Regulation and Development

This book redresses the balance and will be a valuable resource for researchers, academics, teachers and students interested in development economics and development studies.

Author: Paul Cook

Publisher: Edward Elgar Publishing

ISBN: 1845420659

Category: Business & Economics

Page: 452

View: 784

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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.
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