Understanding the Impacts of Deregulation in Planning PDF Download

Author: Ben Clifford
Publisher: Springer
ISBN: 3030126722
Category : Political Science
Languages : en
Pages : 225

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In England, it has been possible since 2013 to convert an office building into residential use without needing planning permission (as has been required since 1948). This book explores the consequences of this central government driven deregulation on local communities. The policy decision was primarily about boosting the supply of housing, but reflects a broader neoliberal ideology which seeks to reform public planning in many countries to reduce perceived interference in free markets. Drawing on original research in the English local authorities of Camden, Croydon, Leeds, Leicester and Reading, the book provides a case study of the implementation of planning deregulation which demonstrates the lowering of standards in housing quality, the reduced ability of the local state to proactively steer development and plan for their places, and the transfer of wealth from the public to private spheres that has resulted. Comparative case studies from Glasgow and Rotterdam call into question the very need for the deregulation in the first place.

Author: Paul Eric Teske
Publisher:
ISBN:
Category :
Languages : en
Pages : 544

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Author: Elizabeth E. Bailey
Publisher: MIT Press
ISBN: 9780262022132
Category : Business & Economics
Languages : en
Pages : 276

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The airline industry has been buffeted by the forces of deregulation since themid-1970s. Many new firms have entered, some with different price and operating philosophies andsome of these have thrived. Other airlines have gone bankrupt. Overall the real cost of air travelhas declined considerably; however, the effects have varied dramatically from market to market.Exactly how was this massive experiment envisioned and planned? How has it worked? And how will itwork in the long run?Deregulating the Airlines narrates and analyzes the decisions taken by theCivil Aeronautics Board during the transition to deregulation and the reasoning behind the AirlineDeregulation Act of 1978. It provides many comparisons of the industry before and after deregulationand uses those data to test the various hypotheses that scholars and politicians have advanced abouthow markets would behave if regulation were removed. Its findings provide information on both thedemand and the cost side that will be important in molding the long-run equilibrium of the industry,and it discusses how quickly the industry is moving toward that equilibrium.For policymakers andstudents of regulation in particular, this study provides a unique case for contrasting theoperation of an industry under close regulatory control and its operation free of such controls. Itis able to make use of an unusually large volume of data on the costs, operations, and prices ofindividual firms to show how markets work and how regulation works.The book's in-depth analysis ofthe impact of policy changes in the airline industry is drawn in part from the authors' activeinvolvement in implementing the new policies. Elizabeth Bailey is Dean of the Graduate School ofIndustrial Administration at Carnegie-Mellon. Previously she was a commissioner and vice chairman atthe Civil Aeronautics Board. Daniel Kaplan is director of the Board's Office of Economic Analysis.David R. Graham, manager of the Defense Economics Program at the Institute for Defense Analysis, wasa Board economist.Deregulating the Airlines is tenth in the series, Regulation of Economic Activity,edited by Richard Schmalensee.

Author: Claude Ménard
Publisher: Edward Elgar Publishing
ISBN: 1848449283
Category : Business & Economics
Languages : en
Pages : 405

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Book Description
After 25 years of industry restructuring, regulatory reform and deregulation across many industrial sectors in many countries, it is an appropriate time to take stock of the impacts of these reforms on consumers, producers and overall economic performance. This book contains the latest thinking on these issues by a distinguished international group of scholars. It s a collection of essays for our time that is well worth reading. Paul L. Joskow, Massachusetts Institute of Technology, US The most exciting development in the study of regulation in the past quarter century is research on the incentives that are created by the details of the procedures for creating and enforcing regulatory rules. This book brings together a rich collection of studies that collectively advance our understanding of the effect of regulatory governance on the performance of regulated firms, with important lessons about how to design more effective regulatory instruments and processes. Roger G. Noll, Stanford University, US Cycles of poorly-designed or weakly-enforced regulation, disappointing performance and political over-reaction are now familiar to students of regulated industries. Nourished by recent developments in the economics of incentives, including their transaction costs and property rights dimensions, and written by renowned experts in the field, Regulation, Deregulation, Reregulation is a must-read for all those interested in the economics and politics of regulation. A timely book, the publication of which coincides with the designing of a post-subprime regulatory framework for the financial industry. Jean Tirole, Toulouse School of Economics, France Building on Oliver Williamson s original analysis, the contributors introduce new ideas, different perspectives and provide tools for better understanding changes in the approach to regulation, the reform of public utilities, and the complex problems of governance. They draw largely upon a transaction cost approach, highlighting the challenges faced by major economic sectors and identifying critical flaws in prevailing views on regulation. Deeply rooted in sector analysis, the book conveys a central message of new institutional economics: that theory should be continuously confronted by facts, and reformed or revolutionized accordingly. With its emphasis on the institutional embeddedness of regulatory issues and the problems generated by the benign neglect of institutional factors in the reform of major public utilities, this book will provide a wide-ranging audience with challenging views on the dynamics of regulatory approaches. Economists, political scientists, postgraduate students, researchers and policymakers with an interest in institutional economics and economic organization will find the book to be a stimulating and enlightening read.

Author: L. Lynne Kiesling
Publisher: Routledge
ISBN: 1135979812
Category : Business & Economics
Languages : en
Pages : 200

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This book delves into regulatory and technological change affecting the electricity industry and provides a previously unexplored synthesis of new institutional economics, experimental economics, evolutionary economics, and network theory.

Author: Martha Derthick
Publisher: Brookings Institution Press
ISBN: 9780815723042
Category : Business & Economics
Languages : en
Pages : 284

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Book Description
The standard wisdom among political scientists has been that "iron triangles" operated among regulatory agencies, the regulated industries, and members of Congress, all presumably with a stake in preserving regulation that protected the industries from competition. Despite almost unanimous agreement among economists that such regulation was inefficient, it seemed highly unlikely that deregulation could occur. Yet between 1975 and 1980 major deregulatory changes that strongly favored competition did take place in a wide range of industries. The results are familiar to airline passengers, users of telephone service, and trucking freight shippers, among others. Martha Derthick and Paul J. Quirk ask why this deregulation happened. How did a diffuse public interest prevail over the powerful industry and union interests that sought to preserve regulation? Why did the regulatory commissions, which were expected to be a major obstacle to deregulation, instead take the initiative on behalf of it? And why did influential members of Congress push for even greater deregulation? The authors concentrate on three cases: airlines, trucking, and telecommunications. They find important similarities among the cases and discuss the implications of these findings for two broader topics: the role that economic analysis has played in policy change, and the capacity of the American political system for transcending narrow interests.

Author: James M. Griffin
Publisher: University of Chicago Press
ISBN: 0226308588
Category : Business & Economics
Languages : en
Pages : 453

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Book Description
The electricity market has experienced enormous setbacks in delivering on the promise of deregulation. In theory, deregulating the electricity market would increase the efficiency of the industry by producing electricity at lower costs and passing those cost savings on to customers. As Electricity Deregulation shows, successful deregulation is possible, although it is by no means a hands-off process—in fact, it requires a substantial amount of design and regulatory oversight. This collection brings together leading experts from academia, government, and big business to discuss the lessons learned from experiences such as California's market meltdown as well as the ill-conceived policy choices that contributed to those failures. More importantly, the essays that comprise Electricity Deregulation offer a number of innovative prescriptions for the successful design of deregulated electricity markets. Written with economists and professionals associated with each of the network industries in mind, this comprehensive volume provides a timely and astute deliberation on the many risks and rewards of electricity deregulation.

Author: Jeffrey A. Eisenach
Publisher: Springer Science & Business Media
ISBN: 1461515211
Category : Business & Economics
Languages : en
Pages : 238

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Book Description
Communications markets have made much progress towards competition and deregulation in recent years. However, it is increasingly clear, in the age of the Internet and the digital revolution, that much more needs to be done, and that new approaches, both at the Federal Communications Commission and in Congress, will be required to complete the task. In this volume, the Progress and Freedom Foundation presents nine papers by communications policy experts and government policymakers that show how to finish the job of deregulating communications markets and reforming the FCC. The Telecommunications Act of 1996 was a landmark piece of legislation for an industry moving from a monopoly orientation towards competition, but additional steps are needed to complete the process of implementing the pro-competitive, deregulatory vision of the act. Bringing together a group of the caliber represented in this book makes possible the best recommendations about the exact nature of those necessary changes. In this volume, the most difficult and politically-charged hot-button issues involving local and long distance competition, universal service, spectrum allocation, program content regulation, and the public interest doctrine are confronted head-on. As importantly, the authors recommend specific reform proposals to be considered by the Federal Communications Commission and Congress. The ideas contained in the experts' essays were presented and debated at a conference hosted by The Progress & Freedom Foundation, which was held in Washington, DC, on December 8, 2000. The Progress & Freedom Foundation studies the impact of the digital revolution and its implications for public policy. It conducts research in fields such as electronic commerce, telecommunications and the impact of the Internet on government, society and economic growth. It also studies issues such as the need to reform government regulation, especially in technology-intensive fields such as medical innovation, energy and environmental regulation.

Author: Banks McDowell
Publisher: Praeger
ISBN: 0899303811
Category : Business & Economics
Languages : en
Pages : 0

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This text focuses on insurance as an industry and speculates what would happen if the insurance industry were to be deregulated. The basics of insurance are incorporated throughout, which allows for a greater understanding of the possible implications of deregulation and trends in competition. . . . What could have been dry and tedious has instead been made pleasant by Banks McDowell, who writes with an easy-to-read and informative style. Examples of small case studies are woven into the text to further illustrate the issues. The material is clear, concise, and thought-provoking and is presented entirely without prejudice. Business Information ALERT The rapid rise in insurance premium costs coupled with the problem of obtaining insurance at any cost for some applicants has precipitated a crisis in the insurance industry. Many scholars and industry analysts have suggested deregulation as a solution, arguing that the actions of a free market are the only efficient means of controlling costs and affordability. McDowell offers an in-depth examination of the arguments in favor of and against deregulation and analyzes what the probable effects of such deregulation would be. Basing his study on the results of past experiments, scholarly recommendations, economic analysis, and his own work in the field, McDowell fully explores the various types of deregulation that could be implemented and assesses the degree to which they would fulfill the goals of maintaining the financial solvency of insurance companies, keeping premiums from being excessive, preventing discrimination among policyholders, and making insurance available and affordable to all who want it. McDowell begins with a discussion of what deregulation means. Subsequent chapters trace the history of insurance regulation, examine the complex goals of governmental insurance regulation, and explore the nature of insurance in contemporary society. Turning to a discussion of competition, McDowell illustrates the various levels at which insurers can compete and examines both the problems of regulation in each area and the likely effects of introducing such competition. The issue of whether regulation of the industry should be at the federal or state level receives thorough treatment, as does the question of using insurance company mergers to increase efficiency and lower costs. McDowell concludes with an enlightening discussion of the series of choices among aims and policies which must be made before the decision to deregulate or not is taken. Insurance company executives and attorneys as well as students of the insurance industry or of insurance law will find McDowell's work a cogent exposition of the complex facets of the insurance deregulation debate.

Author: Richard H. K. Vietor
Publisher: Harvard University Press
ISBN: 9780674169623
Category : Business & Economics
Languages : en
Pages : 474

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And Bank-America, caught short with bad loans and a deep recession in the early eighties, nearly failed before Sam Armacost and then Tom Clausen achieved an amazing turnaround in the mid-1980s.