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The Regulatory Challenge

Editor

Listed:
  • Bishop, Matthew
  • Kay, John
    (London Business School)

  • Mayer, Colin

Abstract

The last decade has witnessed the introduction of an elaborate system of regulation in the UK. Whole segments of British industry are now operating under the supervision of regulatory bodies not dissimilar to the government departments they were designed to replace. Regulation has been an inevitable part of the structural changes in the 1980s, notably the privatization programme and changes in the financial services industries. This book assesses these developments across a number of sectors (utilities, telecommunications, financial services, health, and higher education) and offers a range of perspectives for understanding the various objectives, mechanisms, and institutions involved. The book offers important insights into the way in which the structure of privatized insutries interact with the form of regulation. It has significant implications for countries that are embarking on the process of privatization, regulation, and deregulation of their industries.

Suggested Citation

  • Bishop, Matthew & Kay, John & Mayer, Colin (ed.), 1995. "The Regulatory Challenge," OUP Catalogue, Oxford University Press, number 9780198773429.
    • Handle: RePEc:oxp:obooks:9780198773429
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    Citations

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    Cited by:

    1. Per J. Agrell & Peter Bogetoft & Jørgen Tind, 2000. "Multi-Period Dea Incentive Regulation in Electricity Distribution," CIE Discussion Papers 2000-13, University of Copenhagen. Department of Economics. Centre for Industrial Economics.
    2. Clive Stones, 2007. "Risk Sharing, the Cost of Equity and the Optimal Capital Structure of the Regulated Firm," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 30(2), pages 139-159, March.
    3. Sebastian Hauptmeier & Martin Heipertz & Ludger Schuknecht, 2007. "Expenditure Reform in Industrialised Countries: A Case-Study Approach," Fiscal Studies, Institute for Fiscal Studies, vol. 28(3), pages 293-342, September.
    4. V. Edwards & T. Valentine, 1998. "From Napier to Wallis: Six Decades of Financial Inquiries," The Economic Record, The Economic Society of Australia, vol. 74(226), pages 297-312, September.
    5. Filippini, Massimo & Hrovatin, Nevenka & Zoric, Jelena, 2004. "Efficiency and regulation of the Slovenian electricity distribution companies," Energy Policy, Elsevier, vol. 32(3), pages 335-344, February.
    6. Erdogdu, Erkan, 2005. "Energy market reforms in Turkey: An economic analysis," MPRA Paper 26929, University Library of Munich, Germany.
    7. Claude Henry, 1997. "Public service and competition in the European Union," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 3(3), pages 255-268, August.

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