Regulatory Rigidity: Causes, Consequences and Implications for Public Policy in Developing Countries
AbstractI will try to address three questions in this paper: Why is regulatory rigidity so Common and persistent given that it is seemingly disfunctional? What are its costs? What does the existence of regulatory rigidity imply for developing countries who are now trying to foster private entreprise and simultaneously grapping with the problem of how to regulate it?
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Bibliographic InfoPaper provided by Department of Economics, Williams College in its series Center for Development Economics with number 152.
Length: 34 pages
Date of creation: 1996
Date of revision:
Find related papers by JEL classification:
- K20 - Law and Economics - - Regulation and Business Law - - - General
- L33 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Comparison of Public and Private Enterprise and Nonprofit Institutions; Privatization; Contracting Out
- L39 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Other
- L42 - Industrial Organization - - Antitrust Issues and Policies - - - Vertical Restraints; Resale Price Maintenance; Quantity Discounts
- L43 - Industrial Organization - - Antitrust Issues and Policies - - - Legal Monopolies and Regulation or Deregulation
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