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Author: Robert William Hahn
Publisher: American Enterprise Institute
ISBN: 9780844741222
Category : Business & Economics
Languages : en
Pages : 140
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Book Description
This study into regulatory reform shows that technological impacts on the economic benefits and costs of regulation and a deeper understanding of the social effects of the regulatory institution are driving policymakers to question the familiar and to propose daring changes.
Author: Robert William Hahn
Publisher: American Enterprise Institute
ISBN: 9780844741222
Category : Business & Economics
Languages : en
Pages : 140
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Book Description
This study into regulatory reform shows that technological impacts on the economic benefits and costs of regulation and a deeper understanding of the social effects of the regulatory institution are driving policymakers to question the familiar and to propose daring changes.
Author: Marlo Lewis
Publisher:
ISBN:
Category : Administrative law
Languages : en
Pages : 97
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Book Description
"This report has a twofold purpose: reinvigorate public debate on regulatory reform, and help policymakers fashion a more affordable, effective, and accountable regulatory system. The report is organized as follows. Section II examines the role of regulatory policy in sabotaging the 1990s economic boom. It finds that Federal Communications Commission (FCC) regulations, which subjected the telecommunications industry to a "what's yours is mine" regime of infrastructure socialism and price control, inflicted trillion-dollar losses on an industry that was a key driver of the nation's economic growth. Regulatory excess contributed to and prolonged the recession. The section concludes that Congress and the president, who are entrusted with stewardship of the U.S. economy, cannot afford to leave major regulatory decisions in the hands of unaccountable bureaucrats. Section III tackles head on the opinion that regulatory reform is a pipedream--a thankless quest fraught with political peril and little chance of success. The chapter argues that although reformers in the 104th, 105th, and 106th Congresses failed to establish cost-benefit analysis and risk-assessment as touchstones of regulatory decision-making, they also achieved some notable successes. The Unfunded Mandates Relief Act (UMRA) has discouraged Congress from imposing new regulatory burdens on state and local governments. The Regulatory Flexibility Act, as amended by Small Business Regulatory Enforcement Fairness Act (SBREFA) and buttressed by President Bush's Executive Order 13272, has, in some measure, reined in regulatory costs and agency discretion. The section recommends that future reform efforts be clearly based on three recognized principles of good government: cost disclosure, political accountability, and competition. Section IV examines the basic flaws of the current process. Regulatory costs are large, growing, and, what is more disturbing, uncontrolled. Federal fiscal discipline is indeed weak, but federal regulatory discipline is practically non-existent. Many regulations function as implicit taxes, with far-reaching effects on consumer prices, employment, and innovation. Yet, nothing in the current process requires or even allows policymakers to make explicit choices about how much of the public's resources regulatory agencies should control, or how regulatory authority should be allocated among alternate uses of the same resources. Moreover, most regulatory decisions are made by bureaucrats--officials over whom "We, the people" have little, if any, control. Americans live under a constitutionally dubious regime of regulation without representation. Section V surveys initiatives reformers have proposed, adopted, or enacted during the past three decades, and identifies two main types: policing reforms and checks and balances reforms. Policing reforms aim via rules of rulemaking and centralized review to regulate the regulators. Checks and balances reforms seek to increase Congress's responsibility for regulatory decisions, create inter-agency competition, or foster competition between agency experts and outside experts. Both types will be needed to make the regulatory system more affordable, effective, and accountable. Section VI outlines steps to liberate the telecom industry from infrastructure socialism. Congress should amend the Telecommunications Act to phase out forced access regulation and price controls as quickly as possible. Section VII discusses several near-term, mid-term, and long-term options for improving the regulatory process. Because of its complexity and controversial character, the most ambitious long-term reform--regulatory budgeting--is discussed separately, in section VIII. The most important recommendations for policymakers presented in sections VII and VIII may be summarized as follows: (1) Make agencies compete for the right to score the costs and benefits of their regulatory proposals ... (2) Require congressional approval before rules are effective ... (3) Undertake pilot projects to explore the feasibility of regulatory budgets ... --Competitive Enterprise Institute web site.
Author:
Publisher: President's
ISBN:
Category : Business & Economics
Languages : en
Pages : 72
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Book Description
Author: Robert W. Crandall
Publisher: A E I Press
ISBN:
Category : Political Science
Languages : en
Pages : 38
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Book Description
Author: OECD
Publisher: OECD Publishing
ISBN: 9264082921
Category :
Languages : en
Pages : 251
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Book Description
This publication presents recent OECD papers on risk and regulatory policy. They offer measures for developing, or improving, coherent risk governance policies.
Author: Alice M. Rivlin
Publisher: Brookings Institution Press
ISBN: 9780815791683
Category : Political Science
Languages : en
Pages : 220
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Book Description
The American dream is fading: for nearly two decades, the economy has been performing below par, the quality of life has deteriorated, and the government has not confronted the public problems that concern citizens most. In this provocative book, Alice Rivlin offers a straightforward, nontechnical look at the issues threatening the American dream and proposes a solution: restructure responsibilities between the federal and state government. Under her plan, the federal government would eliminate most of its programs in education, housing, highways, social services, economic development, and job training, enabling it to move the federal budget from deficit toward surplus. States would pick up these responsibilities, carrying out a "productivity agenda" to revitalize the American economy. Common shared taxes would give the state adequate revenues to carry out their tasks and would reduce intrastate competition and disparities. The federal government would be freer to deal with increasingly complex international issues and would retain responsibility for programs requiring national uniformity. A primary federal job would be the reform of health care financing to ensure control of costs and to mandate basic insurance coverage for everyone. Published in the summer of 1992, Reviving the American Dream was read by presidential candidate Bill Clinton; by year's end, President Clinton appointed its author, Alice Rivlin, as deputy budget director. Today, the ideal in Rivlin's book—and Rivlin herself—are having an impact inside the administration. Selected as one of Choice magazine's Outstanding Books of 1993
Author: Clay Wescott
Publisher: Emerald Group Publishing
ISBN: 1846639964
Category : Political Science
Languages : en
Pages : 260
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Book Description
Features chapters that analyze and compare the experiences of Asian countries in carrying out governance reforms. This book tackles such questions as: how common reform packages designed for developed countries are implemented in developing countries? What happens in the reform diffusion process? And what are the obstacles to reform success?
Author: Nicole V. Crain
Publisher: DIANE Publishing
ISBN: 1437940617
Category : Law
Languages : en
Pages : 95
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Book Description
This is a print on demand edition of a hard to find publication. The annual cost of federal regulations in the U.S. increased to more than $1.75 trillion in 2008. Had every U.S. household paid an equal share of the federal regulatory burden, each would have owed $15,586 in 2008. While all citizens and businesses pay some portion of these costs, the distribution of the burden of regulations is quite uneven. The portion of regulatory costs that falls initially on businesses was $8,086 per employee in 2008. Small businesses, defined as firms employing fewer than 20 employees, bear the largest burden of federal regulations. This report shows that as of 2008, small businesses face an annual regulatory cost of $10,585 per employee, which is 36% higher than the regulatory cost facing large firms (500+ employees). Ill.
Author: D. Citrin
Publisher: Springer
ISBN: 1137001607
Category : Business & Economics
Languages : en
Pages : 284
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Book Description
This book focuses on Japan's recent recovery from a decade-long stagnation, with particular attention to the unfinished policy agenda and the international spillovers of Japan's policies, through background studies (both analytical and descriptive) by IMF economists.
Author: Cindy Skrzycki
Publisher: Rowman & Littlefield Publishers
ISBN: 1461645409
Category : Political Science
Languages : en
Pages : 265
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Book Description
The Regulators is a fresh look at how the regulatory system works in Washington and how it affects the life of every American. The book, an incisive and sometimes entertaining look at the back corridors of government, draws upon real-life regulatory episodes that illustrate the power and reach of the rule-making establishment in Washington. It's the first examination of the regulatory world, and the entities that interact with it, that is both accessible and indispensable to undergraduate, graduate, business, and law students, as well as regulatory practitioners and political junkies alike.
