Regulatory Failure, Regulatory Reform, and Structural Change in the Electrical Power Industry

The Regulatory Reform in the Turkish Telecommunications Industry

In the 1980s, Turkey initiated a liberalization and deregulation movement to introduce competition to its domestic markets and to transform the Turkish economy from an import substituting economy to export-based one. The aim was to institutionalize economic change through transition to the economic institutions of capitalism. However, the traditional institutional structure had resisted the pro...

Development and Regulatory System Reform of Telecommunication Industry in China

The paper reviews achievements and history of telecommunications development and regulatory system reform in China, discusses the evolution of reform, analyses influence of regulatory system reform to chinese telecommunication industry, and finally makes some suggestions on the development of China Telecom. 1. Development of Telecommunications in China Achievements China has got significant ach...

Regulatory Arrangements, Financial Stability, and Regulatory Reform

Regulatory Reform and Innovation

2 3 FOREWORD Government regulations can have both positive and negative effects on the innovation process. Among other goals, regulatory reform in the OECD countries is intended to enhance the positive regulatory effects on innovation. Reforms should help ensure that regulations in all spheres of activity are fully responsive to changes in the economic, social and technical conditions surroundi...

Modeling Basel Regulatory in DSGE with Emphasis on Adequacy Regulatory

In this paper Basel regulation is modeled in Dynamic Stochastic General Equilibrium (DSGE) framework. For this purpose, using data from 1981-2017 for Iran, capital adequacy as an importance regulation is modeled. Results show Basel regulation has procyclical effect. According to the results of the model and according to the realities of economy and banking system of Iran, in recession, lending ...