International Journal of Regulation and Governance最新文献

{"title":"Policy for appraisal of government projects in the United Kingdom","authors":"M. K. Sinha","doi":"10.3233/IJR-120084","DOIUrl":"https://doi.org/10.3233/IJR-120084","url":null,"abstract":"Efficient allocation of public funds towards creating national wealth and social benefits is one of the fundamental facets of good governance. Normally, funds are limited and the projects are many. There is a dilemma for decision makers to choose the projects. The broader decision criterion for the government is efficient allocation of funds. There is a need for policy guidelines for evaluating government projects and programmes.","PeriodicalId":406236,"journal":{"name":"International Journal of Regulation and Governance","volume":"8 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126442649","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Telecommunications liberalization in Jamaica","authors":"F. Brown","doi":"10.3233/IJR-120021","DOIUrl":"https://doi.org/10.3233/IJR-120021","url":null,"abstract":"This paper provides an overview of the process of market liberalization and changes to the regulatory regime that followed the Agreement in September 1999 between the monopoly telephone company, Cable and Wireless Jamaica Limited, and the Government of Jamaica to dismantle the company's monopoly. Efforts by the multi-sectoral regulatory body, the Office of Utilities Regulation, in building institutional capacity and facilitating interconnection between the new entrants and the incumbent are examined. Policy outcomes of the reform measures undertaken to date show that substantial progress has been made in transforming the telecommunications landscape in Jamaica from a monopoly structure to a competitive regime. Amidst the gains, however, are problems such as the financial constraints facing other key regulatory institutions, the Fair Trading Commission and the Spectrum Management Authority, which hinder their ability to discharge their statutory regulatory duties.","PeriodicalId":406236,"journal":{"name":"International Journal of Regulation and Governance","volume":"14 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128153788","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Regulating the power industry in a regime of incomplete information: lessons from the Indian experience","authors":"V. S. Ailawadi, S. Bhattacharyya","doi":"10.3233/IJR-120020","DOIUrl":"https://doi.org/10.3233/IJR-120020","url":null,"abstract":"Establishment of independent regulatory commissions is the central element of the power sector reform in India. Incomplete information is a major difficulty that Indian regulators face while making decisions. This paper identifies information inadequacy under three broad categories: transaction related, accounting related, and performance related. Problems in each of these categories are analysed both for transmission licencees and distribution licencees. It also discusses the approaches taken by the Indian electricity regulators for decision-making in a world of incomplete information and the steps taken to improve the situation. We argue that the regulatory decision-making under information constraints has greatly affected the finances of the regulated utilities and the privatization process. Finally, we suggest some steps such as a standardized accounting policy and regulatory information system for improving information availability.","PeriodicalId":406236,"journal":{"name":"International Journal of Regulation and Governance","volume":"12 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114718278","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Policy and regulatory aspects towards achieving a low carbon pathway in India","authors":"P. Dadhich, R. Mathur","doi":"10.3233/IJR-120080","DOIUrl":"https://doi.org/10.3233/IJR-120080","url":null,"abstract":"The growth of a developing economy is highly dependent on the growth of its energy consumption; as per the NATCOM report, this growth also constitutes about 60% of GHG (greenhouse gas) emissions (MoEF 2004). Therefore, it becomes imperative to examine the possibility of inter-fuel substitution in the end-use applications and ensure meeting the long-term energy requirements of the country in an optimal manner.","PeriodicalId":406236,"journal":{"name":"International Journal of Regulation and Governance","volume":"25 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125739470","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Legitimacy versus effectiveness: procedural governance integrating expertise and social acceptance of collective decisions","authors":"T. Burns, E. Roszkowska","doi":"10.3233/IJR-120098","DOIUrl":"https://doi.org/10.3233/IJR-120098","url":null,"abstract":"This article develops the earlier analyses of the Pareto multiagent problematique concerning collective choice situations, where members of a group, community or society, having diverse values, beliefs, and other predispositions, are faced with alternative allocations, institutional arrangements, or states of the world and may collectively choose a particular allocation, institutional arrangement or state of the world if they can agree on the choice. This type of multi-value governance situation is increasingly prevalent not only at political and societal levels, but also at the level of many enterprises, for instance, those advocating corporate social responsibility and working on economic as well as social and environmental goals. The article builds on research that has identified institutionalized governance mechanisms, which resolve conflicts of inefficient or nonoptimal states and disequilibria. In other words, Pareto optimization problems, in the face of general non-unanimity or conflict regarding the outcomes among involved actors, can be resolved.The approach, based on Sociological Game Theory (SGT), has developed specifi c models of adjudication, negotiation, and democratic procedure and investigated their legitimacy bases, the limits of such societal procedures, and the accomplishment of societal effi ciencies through such procedures. The re-conceptualization of the “Pareto problematique” is based on a general principle of “legitimation of collective choices”. Such collective choices are likely to be accepted by the majority or key agents (such as government agencies, businesses, NGOs, and so on) in the society. However, legitimacy does not guarantee effectiveness. On the one hand, it creates social order and sustainable society, on the other hand, a process legitimized by one or more of the societal legitimizing procedures may nonetheless lead to highly ineffective (or “ineffi cient”) outcomes, even catastrophes. There is no guarantee that legitimate collective choices are the best or right choices (this critique also applies to Pareto’s approach, as we have pointed out elsewhere). In general, effective choices, whether legitimate or not, require the application of relevant or appropriate knowledge (often, multiple types of knowledge are required). Overcoming the dilemma of gaining social acceptance and achieving knowledge-based technical effectiveness requires dual (or multiple) governance systems. This article identifies and analyses the governance structures and procedures, which bring systematic knowledge to bear on collective choice problems. Many contemporary forms of collective decision-making entail mobilizing and applying expertise, such as technical and scientific, economic, organizational, legal, and cultural knowledge, and combining these with legitimizing procedures to gain acceptance of collective decisions and, thereby, accomplish social equilibria. A few models of such integrative governance systems are identified and d","PeriodicalId":406236,"journal":{"name":"International Journal of Regulation and Governance","volume":"38 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123043363","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Governments, Competition and Utility Regulation","authors":"C. Robinson","doi":"10.4337/9781845426835","DOIUrl":"https://doi.org/10.4337/9781845426835","url":null,"abstract":"Governments, Competition and Utility Regulation continues the series of annual books, published in association with the Institute of Economic Affairs and the London Business School, which critically reviews the state of utility regulation and competition policy.","PeriodicalId":406236,"journal":{"name":"International Journal of Regulation and Governance","volume":"16 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124511011","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"On the Effects of Petroleum Price and Taxation System on Cost Efficiency of Oil and Gas Fields: evidence from the Norwegian continental shelf","authors":"H. Kashani","doi":"10.3233/IJR-120106","DOIUrl":"https://doi.org/10.3233/IJR-120106","url":null,"abstract":"The study is the first empirical work taking on the issue of the possible effects of price and the taxation system on the cost efficiency of oil companies. Applying data envelopment analysis in the first stage, we measure the relative efficiency of all oil and gas fields brought on stream since the production started in the Norwegian Continental Shelf (NCS) in the late 1960s. In the second stage, the efficiency scores are regressed against the annual oil price as well as annual royalty, special tax, and corporate tax paid by each field. The results show high inverse (negative) relation between oil price and cost efficiency of the fields suggesting a possible induction of gold plating. The taxation system, as a whole, seems to be non-neutral: the Norwegian Special Petroleum tax has significant inverse relation with cost efficiency of the oil companies, while the corporate tax seems to induce cost efficiency. The effect of royalty is insignificant. The results could interest the policy-makers when levying various taxes on the industry and induce more consciousness about the cost efficiency amongst the decision-makers in the oil companies.","PeriodicalId":406236,"journal":{"name":"International Journal of Regulation and Governance","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127937800","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Strengthening municipal governance for effective consumer grievance redressal","authors":"V. Aggarwal, P. Krithika, D. Garg","doi":"10.3233/IJR-120095","DOIUrl":"https://doi.org/10.3233/IJR-120095","url":null,"abstract":"","PeriodicalId":406236,"journal":{"name":"International Journal of Regulation and Governance","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131824314","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Rationale for restructuring and regulation of a ‘low priced’ public utility: a case study of Eskom in South Africa","authors":"A. Eberhard, Msafiri Mtepa","doi":"10.3233/IJR-120030","DOIUrl":"https://doi.org/10.3233/IJR-120030","url":null,"abstract":"Eskom in South Africa provides an interesting case study to test the prevailing orthodoxy on electricity market reform. Eskom is the seventh largest electricity utility in the world. It is a publicly owned, vertically integrated monopoly, with the cheapest prices globally. Is there any rationale for independent regulation of Eskom or for embarking on a reform of the South African electricity market?","PeriodicalId":406236,"journal":{"name":"International Journal of Regulation and Governance","volume":"34 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131831550","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Pricing and cost recovery of urban services: issues in the context of decentralized urban governance in India","authors":"S. Bagchi","doi":"10.3233/IJR-120031","DOIUrl":"https://doi.org/10.3233/IJR-120031","url":null,"abstract":"Developing countries usually do not have a pricing policy for urban basic amenities such as water supply, sanitation, and solid waste disposal. These are normally considered to be public goods to be supplied free of cost. Generally, a token cost is collected which in no way reflects the actual cost of provision. India is no exception in this regard. However, the decentralization initiative as adopted in the 74th Amendment Act, 1992 has devolved major responsibilities to the urban local bodies. As a consequence, it has become imperative in the present scenario for them to look for alternative mode of resources to undertake additional responsibilities. The objective of the present paper in this context is to analyse the pricing pattern of basic amenities—water supply, sewerage, and solid waste management. Moreover, it also looks at the extent of cost recovery in urban basic services for the three cities of Ahmedabad, Chennai, and Pune and whether there have been any significant changes particularly after the decentralization initiative. The cities have been selected based on their organizational and institutional structure for the provision of basic amenities.","PeriodicalId":406236,"journal":{"name":"International Journal of Regulation and Governance","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129708149","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}