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Regulatory Impact Assessment (RIA) is a critical tool in the hands of governments to ensure that regulation achieves …
Persistent link: https://www.econbiz.de/10011732382
evaluation are a critical tool in the hands of governments to ensure that regulation achieves its objectives. Over the past … several years, attention has grown for the trade costs of regulatory divergence. Diverging regulation may increase the costs … impacts of regulation. Building on the available evidence, the paper discusses how decision-makers may enhance the use of GRP …
Persistent link: https://www.econbiz.de/10011732383
Regulation is a critical tool by which governments seek to foster economic growth and social well-being. Countries in …
Persistent link: https://www.econbiz.de/10011732389
The "revolving door" phenomenon has become very common in most industrialised countries, and is leading to conflicts of interest as well as economic distortions. The purpose of this paper is to develop an indicator of the distortionary effects of the revolving door - The Revolving Door Indicator...
Persistent link: https://www.econbiz.de/10010459790
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
The standard economic approach to considering the effects of a policy tends to neglect the prospect of regulatory ambiguity. I describe four sources of regulatory ambiguity and survey the literature considering the effects of ambiguity on entrepreneurial activity. I also explain how...
Persistent link: https://www.econbiz.de/10012890633
. And finally the current state of things, with the recent recast of the European Insolvency Regulation, is assessed. It …
Persistent link: https://www.econbiz.de/10013012352
Excessive and useless reporting, called “crying wolf effect”, is a crucial shortcoming that any anti-money laundering (AML) design aims to address and fix. For this reason, in these years the AML policy has switched both in the US and in Europe from a rule- to a risk-based approach. This...
Persistent link: https://www.econbiz.de/10013246926
In this article, I will examine the doctrine of ignorantia legis, or presumed knowledge of the law, as it functions in the current milieu of American criminal justice, the age of the regulatory crime. Much ink has been spilled over this doctrine, and many pieces argue against ignorantia legis,...
Persistent link: https://www.econbiz.de/10014136957
In this article, I use a unique dataset consisting of listed Indian firms that have been indicted for economic malpractice/default or have been non-compliant with laws/ regulations/ guidelines to estimate the stock price impact of regulatory actions against corporate irregularities. The sample...
Persistent link: https://www.econbiz.de/10014500262