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The foreign investment regime governing the airline industry has been the subject matter of considerable debate. Our goal in this paper is to supplement the literature by embarking on an analysis of the foreign investment regime in India and to cautiously suggest that India's new regulatory...
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The report has a high quality and discusses the main issues of regulation. The overall aim is that it reflects best practice regulation. Furthermore, AERA is an independent regulator accountable to democratic bodies. Also in that respect the regulatory institutions in India are well designed and...
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