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focus on the Austrian economy's potential for untapped trade in services which appears to be substantial. While Austria … measured by OECD regulation indicators, but rather from other structural features of the Austrian economy. …
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Information and Communications Technology (ICT) infrastructure and services are necessary to spur economic growth especially in the digital age. The comparative advantage enjoyed by the Philippines in specific ICT and ICT-enabled services indicate the availability of competitive ICT to support...
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In this article I selectively survey the economic history literature on the rise of regulation in America during the … on the origins of Progressive Era regulation is consistent with the positive aspects of Austrian economics, largely … regulation. However, the normative implications of Austrian theory regarding the efficiency consequences of regulation are not …
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Some regulation is needed to enhance growth and economic welfare, but too much undermines productivity. Generally, the …
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& Immordino (2007), we study the optimal regulation of CRAs in a model where rating quality is unobservable and enforcing … regulation is costly. The model shows that minimum rating standards increase the social value of credit ratings. The model also … analyzes implications for regulation in the presence of conflicts of interest between the CRA and the rated clients by direct …
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