This study takes a comprehensive look at the overall flexibility of regulatory governance in Korea, including the design, implementation, and monitoring of the many issues surrounding regulatory reform that stand in the way of innovation growth. Based on the findings of the analysis, the paper...

Economic theory states that “free market” competition naturally achieves lower prices—thereby increasing efficiency and benefiting society. This is the first paper in the literature to use means testing to statistically analyze electricity prices, from 1970-2011, for states that...

In 2009 Taiwan repealed the minimum capital requirement for incorporation (MCR), owing to the World Bank (WB)'s Doing Business (DB) reports. This article presents regulatory/jurisdictional competition as an analytical framework for convergence towards the liberalization of the MCR, especially in...