The business environment of the chaebol (large corporations in Korea) has changed drastically since the outbreak of the 1997 Asian financial crisis. This book discusses the attempts of the Korean government to remedy structural weaknesses in the corporate sector by launching an aggressive...

Banking, Politics and Global Finance presents an innovative, micro-political examination of the US banking system's response to the ongoing globalization of financial markets. This approach contrasts sharply with earlier studies which have emphasized the macro-structural aspects of politics...

The regulation of road transport externalities - environmental pollution, noise annoyance, accidents and congestion - is one of the most important issues in contemporary transport policies. The Economics of Regulating Road Transport explores welfare economic evaluations - in terms of efficiency...

This book provides a comprehensive and up-to-date account of the complex interrelationship between technological change, globalisation, 'Europeanisation', national institutional structures, and the transfer of ideas in the reform of European telecommunications regulation. Globalisation,...

The maintenance of financial stability is a key objective of monetary policy, but the record of regulators in achieving this has been lamentable in recent years. This failure has been matched by an equivalent inability to establish an appropriate theoretical basis for financial regulation. In...

The achievement of financial stability is one of the most pressing issues today. This timely and innovative book provides an analytical framework to assess financial (in)stability as an equilibrium phenomenon compatible with the orderly functioning of a modern market economy. The authors...

This volume is the latest in an annual series, published in association with the Institute of Economic Affairs and the London Business School, which provides an up-to-date review of the state of utility regulation in Britain, with some relevant overseas comparisons. The book, edited and with an...

The obligation to obtain a master craftsman's certificate in order to set up a new business was suspended in 2004 for some trades in the German skilled crafts sector, but was reintroduced for some of them in 2020. This paper presents the first empirical results of this re-regulation and places...