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Regulation and Development
SKU: 9780521549486
₹5,415.75 Original price was: ₹5,415.75.₹4,874.18Current price is: ₹4,874.18.
Explore the critical intersection of regulation and development with Jean-Jacques Laffont’s seminal work, ‘Regulation and Development.’ This groundbreaking analysis, ideal for developing countries, delves into the unique challenges of public service regulation. Discover how concepts like price-cap vs. cost-of-service regulation are reshaped by LDC characteristics. Laffont presents a compelling positive theory of privatization, highlighting the impact of corruption, and introduces a novel theory of regulation under limited enforcement. The book critically examines access pricing in the context of developing nations and concludes with a theory of separation of powers, exposing vicious circles of underdevelopment. A must-read for development economists and policymakers from The Bookish Owl.
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