Download or read book Regulation and Its Reform written by Stephen Breyer and published by Harvard University Press. This book was released on 1982 with total page 490 pages. Available in PDF, EPUB and Kindle. Book excerpt: On its Surface, this book is aimed at the topical issue of regulatory reform. But underneath it strives to go beyond the topical, seeking to analyze regulation as a distinct discipline and to help teach it as a separate subject.

Download or read book Regulatory Reforms in India written by Anjali Garg and published by The Energy and Resources Institute (TERI). This book was released on 2003-01-01 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Book Assesses Th Eimpact Of Regulatory Reform In The Electricity And Telecom Sectors In This Context. This Book Will Be Useful For Those Who Shall Have To Comply With Reformed Statutes. It Will Be Particularly Useful To Policy-Makers, Regulators, Executives, Academicians, Researchers, Donors, Consultants And All Those Involved In The Design And Implementation Of Reform Programmes.

Download or read book The Politics of Regulation written by Jacint Jordana and published by Edward Elgar Publishing. This book was released on 2004-01-01 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: These changes, together with the general advance in the study of regulation, undoubtedly demand a re-evaluation of the theory of regulation, its methodologies and scope of application. This book is a perceptive investigation of recent evolutions in the manner and extent of governance through regulation. Scholars and students of comparative politics, public policy, regulation theory, institutional economics and political sociology will find it to be essential reading. It will also prove a valuable source of reference for those working or dealing with regulatory authorities and for business managers in private industries and services operating under a regulatory framework.

Download or read book Regulation in India Design Capacity Performance written by Devesh Kapur and published by Bloomsbury Publishing. This book was released on 2019-04-04 with total page 475 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rise of the regulatory state has been a major feature of modern constitutional democracies. India, the world's largest democracy, is no exception to this trend. This book is the first major study of regulation in India. It considers how the development of regulation in India has altered the nature and functions of the state; how it is reshaping the relationship between business and the state; how it has called for the refashioning of established legal principles; and how it has raised new questions about the relationship between technical expertise and the rule of law. The chapters cover topics ranging from the foundations of the Indian regulatory state to the form of regulation across different sectors to regulation in practice. Together, the chapters reveal the challenges, promise, and limitations offered by contemporary regulatory practices, and they capture the close if sometimes fraught relationship that regulation must inevitably share with the political economy and constitutional schema within which it operates.

Download or read book Regulatory Policy in India written by Lalita Som and published by . This book was released on 2017 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: This paper provides an analysis of India's existing regulatory regime and its evolution over the last 25 years, and the efforts to improve the regulatory framework as India has transitioned towards a market economy. The paper argues that while India has implemented many sector specific regulatory reforms, the absence of a government wide initiative to improve regulatory quality, or implement a whole of government regulatory policy, has prevented India from creating a consistent and coherent regulatory environment and has undermined trust and integrity in the regulatory system. As a result, outcomes of regulatory governance have so far been quite mixed. In many cases they have fallen far short of expectations. The paper therefore identifies some of the constraints that have challenged India's regulatory governance, the dominant presence of state owned enterprises, the multi-level government structures and regulatory independence of agencies and institutions. Meanwhile, effective regulatory governance has distinctly evolved in the securities market and it highlights the reasons behind the success of the securities market regulator. The positive example of the Securities Exchange Board of India is outlined to showcase the potential for implementing good regulatory practice through regulatory oversight, better governance of regulators, stakeholder engagement and regulatory impact assessments. The paper also looks at issues related to Regulatory Impact Assessments in the Indian context

Download or read book A Hundred Small Steps written by India. Committee on Financial Sector Reforms and published by SAGE Publications. This book was released on 2009-01-06 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: While previous reports have focused solely on the ‘big’ issues like capital account convertibility, bank privatization, and priority sector norms, A Hundred Small Steps: Report of the Committee on Financial Sector Reforms goes deep into other areas where reforms are less controversial, but perhaps as important. The report argues that we need a change in mindset for the financial sector, one that recognizes that efficiency, innovation, and value for money are as important for the poor as they are for our new Indian multinationals, and these will come from improved governance, new entry and competition. Indeed the Committee believes that the road to making Mumbai an international financial centre runs through every village in India. The report is divided into separate self-contained chapters; the underlying theme behind all the proposals is the need to enhance inclusion, growth, and stability by allowing players more freedom, even while strengthening the financial and regulatory infrastructure. The role of the government is to create an enabling environment by building sound financial infrastructure. The Committee has focused primarily on broad principles and directions, without entering too much into details of implementation. It emphasizes three important reasons for financial sector reform: to include more Indians in the growth process; to foster growth itself; and to improve financial stability, flexibility, and resilience and thus protect the economy against the kind of turbulence that is affecting the world today. The Committee recognizes this is a difficult time to propose financial sector reforms in India. The near meltdown of the US financial sector seems to be proof that markets and competition do not work. This is clearly the wrong lesson to take from the debacle. The right lesson is that markets and institutions do succumb occasionally to excesses, which is why regulators have to be vigilant. The report argues for skilled regulators who encourage growth and innovation even while working harder to contain risks.

Download or read book Financial Market Regulation and Reforms in Emerging Markets written by Masahiro Kawai and published by Brookings Institution Press. This book was released on 2011 with total page 441 pages. Available in PDF, EPUB and Kindle. Book excerpt: "In the wake of the global financial crisis that began in 2008, offers a systematic overview of recent developments in regulatory frameworks in advanced and emerging-market countries, outlining challenges to improving regulation, markets, and access in developing economies"--Provided by publisher.

Download or read book Banking Industry in India written by Sonali Jain and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Around the world, the banking industry has undergone a transformation since the early 1980s under the impact of deregulation, advances in information technology, and globalization. Although these developments have made institutions more efficient by lowering transaction costs, they have also challenged the traditional regulatory arrangements based on institutions. Prior to reforms initiated in 1991, the banking sector in India suffered from a lack of competition, low capital base, inefficiency, and high intermediation costs. Ever since bank nationalization of 1969, the banking sector had been dominated by the public sector, along with a high degree of financial repression characterized by administered interest rates. Banking sector reforms have supported the transition of the Indian economy to a higher growth path, while significantly improving the stability of the financial system. This book provides a vivid account of the evolution of the banking sector in India during the post-Independence period, with a focus on financial reforms initiated in 1991. The various dimensions of the banking industry that are covered include, inter alia: (a) the ownership and governance of banks, (b) the regulation and supervision of banks, (c) credit allocation policies, (d) customer services, and (e) internet banking.

Download or read book India s Financial Sector written by Priya Basu and published by MacMillan. This book was released on 2005 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: The papers in this volume assess progress with financial sector reforms over the past decade or so, and analyse the new challenges that confront India's policy makers and financial regulators. The papers highlight a formidable reform agenda, pointing to t

Download or read book Eight Lectures on India s Economic Reforms written by T.N. Srinivasan and published by Oxford University Press. This book was released on 2000-02-04 with total page 141 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book comprises eight lectures delivered by T.N. Srinivasan at ISEC Bangalore in 1998. The short lectures succinctly describe the reform process since the early 1990s, covering the famework and process of reform in each sector of the economy.

Download or read book Capital Market in India written by Deepak R. Raste and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prior to the onset of reforms in 1991, the capital market structure in India was subject to several controls and opaque procedures. The trading and settlement system was outdated and not in tune with international practices. The raising of capital from the securities market was regulated by India's Capital Issues (Control) Act, 1947. Under it, companies were required to obtain approval from the Controller of Capital Issues for raising funds in the market. In 1992, the Act was repealed and, with this, ended all controls relating to raising of funds from the market. Issuers of capital, however, are required to meet the guidelines of the Securities and Exchange Board of India (SEBI) on disclosures and protection of investors. As part of the capital market reforms, the regulatory authorities in India have been quite active in governing and watching matters related to capital issues. Companies have also tapped new sources of domestic and international equity/debt to redesign and strengthen their capital structure. This book gives a vivid account of capital market reforms in India. More importantly, it analyzes the impact of regulatory policy changes on the capital structure of Indian companies.

Download or read book Doing Business 2020 written by World Bank and published by World Bank Publications. This book was released on 2019-11-21 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seventeen in a series of annual reports comparing business regulation in 190 economies, Doing Business 2020 measures aspects of regulation affecting 10 areas of everyday business activity.

Download or read book Documenting Reforms written by S. Narayan and published by Palgrave MacMillan. This book was released on 2006 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: Documenting Reforms is an attempt at documenting and understanding the process of reforms in India. In eleven of the most important areas, top experts have made an effort to describe the successes and failures that India has experienced in reforms. Many

Download or read book Deficit Reduction and Job Creation written by United States. Congress and published by Createspace Independent Publishing Platform. This book was released on 2017-12-12 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: Deficit reduction and job creation : regulatory reform in Indian country : hearing before the Committee on Indian Affairs, United States Senate, One Hundred Twelfth Congress, first session, December 1, 2011.

Download or read book Policy Environment and Regulatory Reforms for Private and Foreign Investment in Developing Countries written by Anoop Singh and published by . This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Electricity, one of the key infrastructure sectors, plays a very important role in socio-economic development of a country. Developing countries with significant gap in the provision of electricity have attempted to provide a conducive environment for investment in the power sector. Initiatives towards the same are evident in terms of opening up the sector for private and foreign investment, setting up of independent regulatory institutions and bringing regulatory and policy changes to enhance competition in the sector. However, scope, pace and sequence of such reforms varies across countries. This book provides a detailed overview of the reform process in the electricity sector in India since the early 1990s, highlighting the key policy changes that have led to opening up the sector for investment and competition in generation, transmission and the distribution segments. This book also provides an insight into in the reform process, through a comparative assessment, adopted in key developing economies including Argentina, Brazil, China (PRC), India, Mexico and Thailand. While the book does not attempt a comprehensive analysis of the way process of power reform has influenced private investment in the power sector in developing countries. This book would be useful for research scholars, advanced graduate students in economics, multi-lateral institutions, policy makers and regulators in India as well as other developing countries, who are embarking on a path to reform the power sector. The inferences derived from the research results presented here should help policy makers, development intuitions as well as regulatory institutions in choosing an appropriate path to reform as per the country specific conditions and help attract greater private investment in the sector.

Download or read book Globalization of Legal Services and Regulatory Reforms written by Rupa Chanda and published by . This book was released on 2015-04-29 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings out the need to organize the Indian legal sector for greater competition against the backdrop of the changing economic realities in India and around the globe. It argues that the primary issue facing this sector is not just that of liberalization and providing access to foreign firms, but also the weaknesses and regulatory gaps that affect its global competitiveness. Highlighting the prevailing dynamics, the book focuses on the regulatory challenges and perceptions surrounding the legal sector's liberalization in a developing economy such as India.

Download or read book Law Finance and Politics written by John Armour and published by . This book was released on 2018 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: The process of liberalization of India's economy since 1991 has brought with it considerable development both of its financial markets and the legal institutions which support these. An influential body of recent economic work asserts that a country's 'legal origin' - as a civilian or common law jurisdiction - plays an important part in determining the development of its investor protection regulations, and consequently its financial development. An alternative theory claims that the determinants of investor protection are political, rather than legal. We use the case of India to test these theories. We find little support for the idea that India's legal heritage as a common law country has been influential in speeding the path of regulatory reforms and financial development. There is a complementarity between (i) India's relative success in services and software, (ii) the relative strength of its financial markets for outside equity, as opposed to outside debt, and (iii) the relative success of stock market regulation, as opposed to reforms of creditor rights. We conclude that political explanations have more traction in explaining the case of India than do theories based on 'legal origins'