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This article explores how the theory of, “responsive regulation,” might guide historical inquiry into the American … origins of the global financial crisis. Part I of the article briefly lays out some key ideas of the, “responsive regulation … regulation over the past two generations. Part II addresses the conflicting aims of financial regulation since the 1970s …
Persistent link: https://www.econbiz.de/10013124115
U.S. industries are facing intense pressures to become more energy efficient, driven by the need to lower the carbon footprints of energy-intensive sectors and to achieve energy security. A successful transition to a new era of efficient, low-carbon electricity production and usage will require...
Persistent link: https://www.econbiz.de/10013143141
Historically, every country had its own accounting standards, each merging to some extent with its local corporate, labor, and tax laws. No matter how undesirable, it was natural to expect differences among nations. Globalization made these differences so impractical that from corporate leaders...
Persistent link: https://www.econbiz.de/10012900528
This paper develops a proxy measure of the inequality of influence on the basis of survey evidence from 2002 Business Environment and Enterprise Performance Survey (BEEPS) conducted among 6,500 firms in 27 transition countries. We refer to the resulting inequality as crony bias in the political...
Persistent link: https://www.econbiz.de/10014088240
finds that despite the regulatory difficulties, the Internet is far from being a “regulation-free” space as there are … regulation. Most of them aim at protecting personal data and consumers more generally. In many cases generally applicable laws …
Persistent link: https://www.econbiz.de/10010464865
The purpose of this article is to review the major results in the literature regarding stranded costs. Despite the starting differences in the areas of research included in the paper, they have one characteristic in common: all recognize that during the last decades, the treatment of stranded...
Persistent link: https://www.econbiz.de/10014128163
The rapid proliferation of connected devices has the potential to transform and enrich our lives and to drive significant productivity gains in the broader economy. However, the lack of sufficient security in many “Internet of Things” (IoT) devices creates a meaningful risk to consumers and...
Persistent link: https://www.econbiz.de/10014115355
Persistent link: https://www.econbiz.de/10013261039
The future of Germanys electricity regulation is still an open question. This paper deals with alternative …
Persistent link: https://www.econbiz.de/10011475164
Digital markets have raised a number of new competition challenges. Ex-post competition policy appears not to be able to address them in their entirety and with the necessary speed. There is considerable consensus, among academics and policy-makers, that ex-ante regulatory policies are needed to...
Persistent link: https://www.econbiz.de/10014278972