philosophy of market regulation and deregulation: (i) First, does the regulator have a responsibility to pursue a regular … driving role for deregulation of fixed access and calling markets, which are freed from regulation including margin squeeze … European way of deregulation draws a differing roadmap, EU-centric pillars for regulation are implicitly injected into the …

regulation on the probability of a crisis. We test this relationship by applying a Probit model of a non-linear specification to …: it rises as regulation stringency moves from low to medium levels and falls from medium to high levels. Countries located …