The Liberalization of the Telecommunications Sector: A Rent-Seeking Perspective

This paper assesses market liberalization in the telecommunications industry from a rent-seeking perspective. Our focus is on United States regulation, with corollary international developments that are spurring competition. The analysis which is general in approach, assesses pervasive government controls which have long shaped the nature of competition in the telecommunication sectors. We find that government has been a means for retarding competition and innovation in the telecommunications sector through the actions of rent-seeking agents. Rapid technological change, however, increasingly is rendering traditional government regulation obsolete. This change is spurring welfare-enhancing competition, regulatory reform, and privatization in the telecommunications sector.     

国际投资条约自由化背景下防御性条款的设置——对我国BITs实践的思考

在国际投资条约自由化的趋势下,一些发展中国家相继接受了ICSID的全面管辖权、宽泛的间接征收定义等自由化条款,给国家的外资管辖权带来挑战。为此,应采取例外规定、限制间接征收等防御性条款,以保障国家基于环境、国家安全等政策的需要对外资实施必要的管制措施。自1998年以来,我国投资条约的内容日趋自由化,研究在BIT中采取适当的防御性规定、避免类似阿根廷不慎放权的教训,是当前我国BITs实践的迫切需要。     

The Health and Social Care Act 2008 (Regulated Activities) Regulations 2014: A Litany of Fundamental Flaws?

This article argues that the Health and Social Care Act 2008 (Regulated Activities) Regulations 2014 are fatally flawed notwithstanding the apparent rigour of the process which produced them. These Regulations were the product of considerable deliberation following a sensitively executed public inquiry yet, it is argued, they rely too heavily on the rhetoric of criminal law while failing to take into account the competing norms for compliance and the impact of NHS budget constraints. Further, they push the CQC towards a heavy‐handed deterrence approach to enforcement, which will increase hostility between regulatees and the inspectorate, and ultimately reduce the scope for developing the transparency about failures which is sorely needed in the NHS. This article challenges the contemporary wisdom that it is primarily knee‐jerk regulatory responses that suffer from fatal flaws of this nature.     

The private security complex and its regulation in Africa: select examples from the continent

ABSTRACT

This article aims to provide an overview of the primary trends and developments of the domestic private security industry in select countries in Africa, while also further reflecting on a selection of operational challenges and obstacles inherent to the industry and its regulation. In particular, field research was conducted in Uganda to explore the nature of the state ownership of private security companies so as to further highlight the regulatory difficulties. Our findings raise a number of questions pertaining to the theorising of private security regulation answers of which, we conclude, may find utility in drawing on the concept of “hybridity” as an alternative heuristic tool to engage with the realities of state regulation in the Global South.     

我国盐业管制制度改革的路径选择

目前,社会各界主要提出放松盐业管制、坚持食盐专营和强化食盐专营三种盐业体制改革主张。文章基于“管制治理—管制激励—管制绩效”的管制制度分析范式,采用规范分析与实证分析相结合的方法,运用新制度经济学理论、代理理论和福利经济理论等,通过对以上三种管制改革路径的优化,认为盐业社会性管制不可行、食盐专营制度不可续、国家专营制度不可取,筛选出我国盐业管制制度的次优改革路径——盐业特许投标制度,并设计出激励兼容的特许投标政策和特许投标治理体制,以期为我国盐业体制改革提供智力支撑和决策参考。     

Does business influence government regulations? New evidence from Canadian impact assessments

Regulatory impact assessments frequently embed stakeholder consultations in their design. Canada was one of the early adopters of such an approach and therefore has systematic documentation on the actors taking part in these consultations. This article asks whether these consultations have an influence on regulatory change and whether business disproportionally benefits from them. After converting the documentation into data, we find that these consultations do in fact matter: the more diversified the stakeholders taking part, the more stringent the changed regulations. But we also found that for a subset of regulatory changes, those likely to carry high economic stakes, business takes advantage of the consultation, often obtaining some reduction in regulatory stringency. These reductions, however, are conditioned on the limited presence of opposing views expressed during the consultations.     

How networks among frontline offices influence regulatory enforcement: Diffusion and justification of interpretation of risk

Street-level interpretation and enforcement are critical to defining the meaning of law. To understand street-level regulatory decisions, prior studies have highlighted internal office conditions, neglecting the influence that peer offices can have. This study examines the role of horizontal inter-office interaction among frontline offices and illustrates how and under what conditions it shapes the meaning of law. Drawing on qualitative and quantitative data on Japan's Soil Contamination Countermeasures Act, this study reveals that inter-office interaction occurs within fixed groups and comes to shape shared interpretations of law that regulators believe are legally valid. This implies that under legal ambiguity, inter-office interactions develop institutionalized notions of appropriateness and reinforce the perception of legal consistency, which bolster the legitimacy of enforcement. Although peer office networks encourage convergence on the interpretation of law, because of their clustered structure, legal meanings develop differently across various groups.     

Rule omission,rule migration and the limits of financial industry power

This paper seeks to deepen our understanding of financial industry lobbying efforts that result in specific regulatory rules being dropped from the regulatory agenda, or what we call ‘rule omission’. Critically, existing research either ignores rule omission or characterizes it as the pinnacle of lobbying success. We argue that only in carefully mapping out industry preferences and tracking what happens to rules following their omission can we say something about the extent to which finance wins or loses in its effort to shape regulation. Our analysis is based on two in-depth case studies from the European Union: (1) solvency rules in the Institutions for Occupational Retirement Provision Directive (IORPP II), where rule omission does reflect a strong case of industry influence; and (2) short selling rules in the Alternative Investment Fund Managers Directive (AIFMD), a case of rule omission resulting in more stringent rules over industry activities.     

Can decision transparency increase citizen trust in regulatory agencies? Evidence from a representative survey experiment

Decision transparency is often proposed as a way to maintain or even increase citizen trust, yet this assumption is still untested in the context of regulatory agencies. We test the effect of transparency of a typical decision tradeoff in regulatory enforcement: granting forbearance or imposing a sanction. We employed a representative survey experiment (n = 1,546) in which we test the effect of transparency in general (providing information about a decision or not) and the effect of specific types of transparency (process or rationale transparency). We do this for agencies supervising financial markets, education, and health care. We find that overall decision transparency significantly increases citizen trust in only two of the three agencies. Rationale transparency has a more pronounced positive effect only for the Education Inspectorate. We conclude that the overall effect of decision transparency is positive but that the nature of the regulatory domain may weaken or strengthen this effect.