Regulatory Rigidity: Causes, Consequences and Implications for Public Policy in Developing Countries

Ralph Bradburd

Center for Development Economics from Department of Economics, Williams College

Abstract: I will try to address three questions in this paper: Why is regulatory rigidity so Common and persistent given that it is seemingly disfunctional? What are its costs? What does the existence of regulatory rigidity imply for developing countries who are now trying to foster private entreprise and simultaneously grapping with the problem of how to regulate it?

Keywords: REGULATION; ECONOMIC REFORM; DEVELOPING COUNTRIES; PRIVATIZATION (search for similar items in EconPapers)
JEL-codes: K20 L33 L39 L42 L43 (search for similar items in EconPapers)
Pages: 34 pages
Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:wil:wilcde:152

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