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A key area of focus in the economic reform process and the design of a favorable business environment is labor market legislation. Montenegro has obviously failed in this area. After nearly 13 years since the beginning of the transition process, or five years since the beginning of Economic...
Persistent link: https://www.econbiz.de/10005076510
There is a secret paradox at the heart of social contract theories. Such theories assume that, because personal security and private property are at risk in a state of nature, subjects will agree to grant Leviathan a monopoly of violence. But what is to prevent Leviathan from turning on his...
Persistent link: https://www.econbiz.de/10005076588
Some thoughtful questions and linear answers to the economic, social, and political consequencs that comes with restrictive regulating laws. 'Regulatory law is where Socialism meets Liberalism; or what might be called the highest form of Liberalism, the lowest form of Socialism.'
Persistent link: https://www.econbiz.de/10005076636
This paper addresses the recent Mexico experience in the opening to competition in networks infrastructure mainly in the telecommunications sector. In spite of deregulation and privatization policies in the recent past, there are threats from regulatory failures which create obstacles in the...
Persistent link: https://www.econbiz.de/10005076639
, conduct, and attribute regulation. The standard we use to evaluate the efficiency and effectiveness of regulations creating …
Persistent link: https://www.econbiz.de/10005076905
. To get needed, radical changes in radio regulation, much more attention should be directed toward central issues of … that can revolutionize radio regulation. Bringing this knowledge to life in the field of radio regulation involves asking … three questions. First, what is a good separation and balance of powers in radio regulation? Second, how should radio …
Persistent link: https://www.econbiz.de/10005126024
The LoopCo Plan, which uses market mechanisms to promote competition, is the best approach to restructuring the telecommunications market, say its proponents, who object to the requirements and to-date implementation of the Telecommunications Act of l996. The local-loop's spin-off 's consumer...
Persistent link: https://www.econbiz.de/10005126025
An overlapping generations model with two production factors and two types of agents is considered in presence of …nancial intermediation. The research focuses at the analysis of the consequences of a suddain negative production shock on a …nancial intermediation capacities and consequently...
Persistent link: https://www.econbiz.de/10005126268
An acceleration in the growth of communications bandwidth in use and a rapid reduction in bandwidth prices have not accompanied the U.S. economy’s strong performance in the second half of the 1990s. Overall U.S. bandwidth in use has grown robustly throughout the 1990s, but growth has not...
Persistent link: https://www.econbiz.de/10005126336
The paper examines the economic and regulatory factors that led to an explosion in the wholesale power prices, supply shortages, and utility insolvencies in California’s electricity sector. A necessary first step in determining the lessons learned from the California electricity crisis is a...
Persistent link: https://www.econbiz.de/10005126483