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Books > Business & Economics > Business & management > Ownership & organization of enterprises
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Industrial Economic Regulation - A Framework and Exploration (Hardcover)
Loot Price: R4,744
Discovery Miles 47 440
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Industrial Economic Regulation - A Framework and Exploration (Hardcover)
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If the 1980's were the decade of privatization and deregulation,
the 1990's should be the decade of regulation. Privatization itself
led to the creation of new regulatory bodies, and the continuing
merger boom. The rise of transnational corporations and the
creation of the single European Market have also prompted
regulatory activity. In this volume, industrial economists focus on
the process by which governments in market economies deliberately
take action to influence economic activity in firms and industries.
It aims to provide teachers, students and researchers with a
coherent framework for anaylzing regulation, and then explores key
current issues, including the relationship between information and
regulation, the regulation of monopolies and the role of regulation
within the European Community. Regulation has conventionally been
defended as a remedy for market failure or a curb to monopoly
power. Whilst arguing that these remain important functions the
book also stresses that regulation can be a positive instrument for
promoting industrial development.
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