Government regulation is ubiquitous today in rich and middle-income countries--present in areas that range from … rather uncommon. In this book, Andrei Shleifer argues that the ubiquity of regulation can be explained not so much by the … alternative has taken throughout the world is regulation. The Failure of Judges and the Rise of Regulators gathers Shleifer …

We present new data on the regulation of entry of start-up firms in 85 countries. The data covers the number of … are extremely high in most countries. Countries with heavier regulation of entry have higher corruption and larger … have lighter regulation of entry. The evidence is inconsistent with public interest theories of regulation, but supports …

benefits politicians and bureaucrats. Djankov and his coauthors present new data on the regulation of the entry of start … with public interest theories of regulation, but supports the public choice view that regulating entry benefits politicians … the department to educate policymakers on the costs of regulation. The study was funded by the Bank's Research Support …