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The most widely embraced explanations of the financial crisis of 2008 have centered upon inadequate regulation stemming from laissez-faire ideology, combined with low interest rates. Although these widely-acknowledged causal factors are true, beneath them lies a deeper determining force that has...
Persistent link: https://www.econbiz.de/10008788684
deregulation, cotton development in SSA could be reviewed and their current restructuring appraised according to economics of … as they are of insufficient size. Where cotton production is well developed, such deregulation could be considered but …
Persistent link: https://www.econbiz.de/10008789285
Causes and consequences of deregulation and restructuring in utility markets in US states continue to draw heated … formulate predictions about regulators’ net benefits from a particular form of deregulation. Empirical hazard model evaluates … are significant in explaining the pattern of deregulation. Utilities’ prices, capacity and scope of operations help …
Persistent link: https://www.econbiz.de/10008790036
adjustments in the Philippine retail gasoline market since its deregulation. It finds that pricing decisions of oil firms depend …
Persistent link: https://www.econbiz.de/10008672392
This paper defines the elements that comprise a competitive setting and clarifies the objectives of competition policy. The role and primary task of competition policy are emphasized. A framework for competition policy and the basic elements to implement it are spelled out. The major areas of...
Persistent link: https://www.econbiz.de/10008672401
Persistent link: https://www.econbiz.de/10008673715
ideology and deregulation. From this crisis a new democratic capitalist system will emerge, though its character is difficult …
Persistent link: https://www.econbiz.de/10008679830
The banking industries of New Zealand and South Africa were among the most tightly regulated in the western world in the early 1980s. Restrictions on foreign banks were particularly acute, especially in South Africa. From a position of considerable isolation, first New Zealand then South Africa...
Persistent link: https://www.econbiz.de/10008681095
This paper examines the causes and consequences of the current global financial crisis. It largely relies on the work of Hyman Minsky, although analyses by John Kenneth Galbraith and Thorstein Veblen of the causes of the 1930s collapse are used to show similarities between the two crises. K.W....
Persistent link: https://www.econbiz.de/10008876439
fairly unchanged. For a calibration capturing alternatively European and the U.S. labor markets, a deregulation episode …
Persistent link: https://www.econbiz.de/10009004178