Regulatory reform

Kenneth Button

Chapter 1 in Transport Deregulation, 1991, pp 1-23 from Palgrave Macmillan

Abstract: Abstract Attitudes towards the regulation of industry have changed considerably since the mid-1970s. Whereas prior to that time the consensus view was that because of the scale and frequency of market failures it was important for government to take an active role in regulating industry, since then there has been a gradual withdrawal of the state from regulation and control. This is a phenomena which is most clearly seen in Eastern Bloc countries as market forces have gradually been allowed to play a part in the economic systems of many of these states. It has particularly been seen in many of the primarily agricultural communist countries, such as the Republic of China, where peasants have been permitted to produce for the market and to have rights over their own patches of land. While changes have not been as dramatic in Western industrialised states, mainly because in relative terms they have never been so rigorously controlled as their Eastern Bloc counterparts, they have, nevertheless been extremely significant.

Keywords: Indifference Curve; Transport Policy; Regulatory Reform; Public Ownership; Road Haulage (search for similar items in EconPapers)
Date: 1991
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-21616-1_1

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349216161

DOI: 10.1007/978-1-349-21616-1_1

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().