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Over the past few years the debate over the economic rationality of health, safety and environmental regulation has … misrepresent ex ante guesses as "the" costs and benefits of regulation. They also zero out whole categories of benefits that cannot …
Persistent link: https://www.econbiz.de/10014057087
The sub-prime mortgage crisis that originated in the United States has triggered a global credit crunch, threatening the solvency of emerging markets that have relied heavily on foreign debt, and resulting in the devaluation of their currencies. Currency market interventions by the central banks...
Persistent link: https://www.econbiz.de/10014184736
Regulation is often casually conceived of as functioning like a binary on/off switch: as if an area, issue, or industry … is either regulated or not. While this binary model of regulation can be useful, it also decontextualizes regulatory … past and future decisions. As an alternative, we present a timeline approach to regulation. The timeline approach is …
Persistent link: https://www.econbiz.de/10014037404
This chapter assesses the development and possible future orientation(s) of EU Energy Law and Policy, focusing upon the commitment to market liberalization and market-based approaches, as well as the combination of EU and national level actors, institutions and policies. The combination of goals...
Persistent link: https://www.econbiz.de/10014164070
the accompanying Regulations on cross-border trade in gas and electricity, the ACER Regulation, the Regulation on Energy … Market Integrity and Transparency, the Second Renewables Directive, the Gas Security of Supply Regulation, the Carbon Capture …
Persistent link: https://www.econbiz.de/10014164079
The introduction of liberalisation and concepts such as third-party access, network ownership unbundling and competition in the EU’s internal energy market following the first, second and third sets of EU legislative packages and directives had the effect of requiring Member States to...
Persistent link: https://www.econbiz.de/10014127601
The United States has asymmetric regulation of the provision of broadband Internet access service. A cable television …) that offers digital subscriber line (DSL) service faces price regulation as well as the obligation to offer competitors the … services that compete with the ILEC's own retail offering to consumers. The social costs of asymmetric regulation are by now …
Persistent link: https://www.econbiz.de/10014119601
Corporate off-balance sheet transactions that used special-purpose entities (“SPEs”) facilitated the expansion of structured finance during the years leading up to the Great Recession. Specifically, SPEs conferred bankruptcy remote, liquidity, leverage and interest rate risk benefits on...
Persistent link: https://www.econbiz.de/10013085503
In 2011, the Environmental Protection Agency and Army Corps of Engineers introduced a draft version of a guidance document that purported to clarify the jurisdiction of the Clean Water Act in accordance with recent Supreme Court Cases. Shortly thereafter, it became clear that the Draft Guidance...
Persistent link: https://www.econbiz.de/10013086009
approach to Internet regulation in the broader public interest. We argue for ‘prosumer law' and give an example of our proposed … multi-stakeholder fora as the OECD. Finally, we argue for holistic regulation of the Internet, taking a trans … multistakeholder environment for Internet governance and regulation, in which user groups lobbied along with business and governments …
Persistent link: https://www.econbiz.de/10013086109