Creating Competitive Markets: The Politics of Regulatory Reform

Description

"

Promoting competition has been a leading theme of public policy over the past 30 years. In the United States, the movement began in the 1970s with efforts to rewrite the rules for aviation, trucking, and telecommunications. Since then, many other industries have come in for similar treatment, with banking, securities, agriculture, and energy heading the list. This trend is often described as ""deregulation,"" but ""market design"" is a better term. Promoting competition is not just about removing legal controls and then getting out of the way. It also requires that policymakers consciously design new markets, often with significant rules and regulations to promote efficiency. In Creating Competitive Markets: The Politics and Economics of Regulatory Reform, leading experts from academia, government, and the private sector evaluate more than a dozen efforts at market design. The contributors to this volume analyze a broad range of sectors, including airlines, electricity, education, and pensions. They examine developments in Canada, the United Kingdom, and Japan, as well as the United States. In each case, the authors ask three critical questions: Can markets be designed? How significant are the impediments to competition found in different sectors? And how do the politics of market design shape the policies that result? Taken together, these chapters help explain why few recent cases of market design have proven to be as unambiguously successful or as relatively uncontroversial as the deregulation of trucking, airlines, and telecommunications. They also provide valuable lessons for future participants in the never-ending process of market construction and redesign. Rich in analysis and detail, Creating Competitive Markets is essential reading for anyone interested in regulatory politics and policy. Contributors include John Cioffi (University of California-Riverside), Darius Gaskins (Norbridge, Inc.), Jacob Hacker (Yale University), Udi Helman (Federal Energy Regulatory Commission), Frederick Hess (American Enterprise Institute), Edward Iacobucci (University of Toronto), Alan Jacobs (University of British Columbia), Michael Levine (New York University), Jonathan Macey (Yale University), Richard O'Neill (Federal Energy Regulatory Commission), Eric Patashnik (University of Virginia), Andrew Rich (City College of New York), Peter Schuck (Yale University), Steven Teles (Yale University), Michael Trebilcock (University of Toronto), Steven Vogel (University of California-Berkeley), Graham Wilson (University of Wisconsin), and Ralph A. Winter (University of British Columbia).

Get the book

Amazon.com

Search the book

eBay.com

Search the book

Similar books

• 

  The State of Social Welfare: The Twentieth Century in Cross-national Review

  By John C. Dixon, Robert P. Scheurell

  This collection of documents analyzes the global rise and fall of the welfare state in the 20th century. It concentrates on Australia, Brazil, Canada, France, Sweden, the United Kingdom, the United States, and Zimbabwe.

• 

  HIV/Aids in the Middle East And North Africa: The Costs of Inaction

  By World Bank, Carol Lynn Jenkins, David A. Robalino

  Fox , E. , E. A. Abbatte , Said - Salah , N. T. Constantine , G. Rodier , and J. N. Woody . 1989a . “ Incidence of HIV Infection in Djibouti in 1988. ” AIDS 3 ( 4 ) : 244-45 . Fox , E. , E. A. Abbatte , H. H. Wassef , J. N. Woody ...

• 

  Seguridad ciudadana en América Latina: hacia una política integral

  By José M. Rico, Laura Chinchilla

  “' McElroy y otros. 47 Wesley G. Skogan y S. Hartnett, Communitypolicing, Chicago style, Oxford, Oxford University Press, 1997. El programa Chicago'sAlternativePolicingStrategy(CAPS) se inició en mayo de 1993, siendo sus principales ...

• 

  What Money Can't Buy: Family Income and Children's Life Chances

  By Susan E. Mayer

  The fact that higher welfare benefits result in more young single mothers ' setting up their own households ( Ellwood and Bane 1985 ) implies that these Census estimates are somewhat downwardly biased . Nonetheless , the results using ...

• 

  Small Business Policy and the American Creed

  By Sandra M. Anglund

  For debate , see Donald R. Brand , Corporatism and the Rule of Law : A Study of the National Recovery Administration ( Ithaca , NY : Cornell University Press , 1988 ) , Ch . 6 ; and Hawley , The New Deal , p . 80-84 . 49.

• 

  Lethal Logic: Exploding the Myths That Paralyze American Gun Policy

  By Dennis A. Henigan

  From 1992 to 1998 violent crime began an impressive decline nationally, and the violent crime rate in the states that did not adopt “shall issue” laws fell twice as fast as in the “shall issue” states.123Even more telling, ...

• 

  The Clean Water Act 20 Years Later

  By Robert W. Adler, Jessica C. Landman, Diane M. Cameron

  Robert W. Adler, Jessica C. Landman, Diane M. Cameron. 32 33 35 37 39 41 42 43 45 47 48 Chesapeake Executive Council, The Chesapeake Bay... A Progress Report 1990–1991 (1991), 5, 12. Tom Horton and William M. Eichbaum, Turning the Tide, ...

• 

  Infrastructure 2009: Pivot Point

  By Jonathan David Miller, Urban Land Institute

  Pivot Point Jonathan David Miller, Urban Land Institute. $ 6.4 billion $ 9.3 billion $ 13.1 billion $ 234 million $ 2.4 billion $ 238 million $ 1.2 billion $ 45 billion $ 4 billion Figure 5 : Growth in Gross Domestic Product ( GDP.

• 

  Welfare Reform: Effects of a Decade of Change

  By Lynn A. Karoly, Jeffrey T. Grogger

  Effects of a Decade of Change Jeffrey Grogger, Jeff Grogger, Lynn A. Karoly, Grogger-Karoly ... 18 ** 30 ** 29 Atlanta LFA 19 -25 ** -22 * -14 -27 -32 Grand Rapids LFA 11 -27 ** -26 ** -22 Riverside LFA 1 -11 33 44 Portland 151 * 39 6 ...

• 

  臺灣及其脈絡

  By Kang-i Sun Chang, 孫康宜, 朱敬一

  Wolf, Arthur, “Chinese Family Size: A Myth Revisited,” pp. 30-49 in The Chinese Family and Its Ritual Behavior, eds. Jih-chang Hsieh and Ying-chang Chuang, Taipei: Institute of Ethnology, Academia Sinica, 1985. Xu, Xiaohe and Shu-chuan ...