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Reforming regulation of the financial sector is currently among the most immediate concerns of domestic and … reform. It argues that the process of reforming financial regulation should begin with a comprehensive, granular study of …-containment with regulatory reform and may end up designing a retrospective framework for financial regulation. A comprehensive post …
Persistent link: https://www.econbiz.de/10013158883
equilibrate in the public interest when that interest is not well-defined. The market for regulation is incomplete; while there is … a limitless demand for regulation the supply of regulation is constrained. The response to market incompleteness has … been threefold; deregulation, self-regulation and whistleblowing. Whistleblowing, in particular, has conferred many …
Persistent link: https://www.econbiz.de/10013002084
Following the 2008 financial crisis, countercyclical regulation emerged as one of the most promising breakthroughs in … years to halting destructive cycles of booms and busts. This new approach to systemic risk posits that financial regulation … and to prick asset bubbles before they burst. If countercyclical regulation is to succeed, however, then policymakers must …
Persistent link: https://www.econbiz.de/10013005214
This paper offers a framework for regulating internalities. Using a simple economic model, we provide four principles for designing and evaluating behaviorally-motivated policy. We then outline rules for determining which contexts reliably reflect true preferences and discuss empirical...
Persistent link: https://www.econbiz.de/10013027352
country data to study the effect of product market regulation and reform on a country's macroeconomic performance. After a … of product market regulation on mark-ups, firm dynamics, investment, employment, innovation productivity, and output …
Persistent link: https://www.econbiz.de/10013318222
We use a sample of 144 countries over the period 2003-2013 to investigate the link between democracy and regulatory reforms. Democracy may be conducive to reform, as politicians embrace growth-enhancing reforms to win elections. On the other hand, authoritarian regimes may not worry as much...
Persistent link: https://www.econbiz.de/10014152086
problem. In the short run, we need relatively modest but firm regulation. Dodd-Frank looks pretty good in many ways, but still …
Persistent link: https://www.econbiz.de/10013112241
Since the inception of the international investment law system, investment promotion and protection have been the raison d’être of investment treaties and states have confined their policy space in order to attract foreign investment and protect their investors abroad. Languishing in relative...
Persistent link: https://www.econbiz.de/10014095340
Over the last few years, the right to regulate has evolved from a rather inconspicuous, mistrusted concept to a necessary component of international investment agreements. This brief study offers a complementary account of the right to regulate compared to the author’s treatment of the topic a...
Persistent link: https://www.econbiz.de/10013296330
The study is devoted to the Ukrainian capital outflow analysis, finding main reasons, consequences and working out the recommendations. The purpose of the study was to research the reasons of offshoring, except tax avoidance, to estimate their impact on the state economy and develop the ways of...
Persistent link: https://www.econbiz.de/10014246875