Document Abstract
Published:
1 Dec 2003
Regulating for development: id21 insights, issue 49
Regulation needs to do more than simply promote competitiveness and consumer interest: regulation needs to ensure that the market nurtures development
Developing countries are now being asked to follow developed countries in the privatisation of goods and services previously provided by the state. It is argued that these countries will gain from the creation of efficient markets which offer their best chance to establish competitiveness, leading to economic growth.
But critics claim that privatisation damages the quality of public services and undermines public accountability. Conventional forms of regulation address these two issues; but is it also possible to regulate for development that reduces poverty?
Articles included:
- Back to the state?: Minogue, M.
- Tricky compromises: Parker, D. and Kirkpatrick, C
- Taming the market: Heeks, R.
- Thinking it through: Cook, P. and Fabella, R.V.
- Tackling corruption realistically: Ogus, A.
- In defence of the WTO: Holmes, P.
- Learning to trip up: May, C.
- Managing markets: Mitlin, D.
- Is regulation working?: Kirkpatrick, C and Parker, D
