Regulating Public Services – Bridging the Gap between Theory and Practice

November 23 2021

Cambridge University Press, 2021

Emmanuelle AuriolToulouse School of EconomicsClaude CrampesToulouse School of EconomicsAntonio EstacheUniversité Libre de Bruxelles

Book description

Regulation is one of the tools used by governments to control monopolistic behaviour in the provision of public services such as electricity, transport or water. Technological and financial innovations have changed these public services markets since the 1990s, bringing new regulatory challenges, including technological and financial ones. This book demonstrates that basic regulatory theory and tools can address these new challenges, in addition to more traditional regulatory issues, both in developed and developing economies. The theory covered in the book is robust enough to guide regulators in multiple contexts, including those resulting from the effects of financial or political constraints, evolving market structures or the need to adapt to institutional weaknesses, climate change and poverty concerns that demand regulatory intervention. A bridge between theory and an evolving global practice, this book mobilizes the lessons of the past to analyse the future of economic regulation.

Latest News

David Preinerstorfer awarded the 2022 Wetrems Prize

23 December 2022

Congratulations to our ECARES colleague and friend David Preinerstorfer who on December 17 received the 2022 Wetrems Prize for Mathematics and Physics awarded by the Classe des Sciences of the Royal Academy of Belgium.

See more details

Inflation : la récession économique guette l’Europe

23 December 2022

Avec une augmentation du coût de la vie jamais vue en 50 ans, le portefeuille des Belges se porte mal en cette fin d’année. Bram De Rock revient sur les événements qui ont provoqué cette inflation record, et les conséquences sur le pouvoir d’achat des ménages.

See more details

‘Het succes heeft China verblind en arrogant gemaakt’

29 November 2022

Begraaf het idee dat internationale handel autocratieën helpt te liberaliseren. ‘China is uitgegroeid tot een frankensteinregime. En Rusland stevent af op een bloedig intern conflict’, zegt de Belg Gérard Roland, een wereldautoriteit in de evolutie van voormalige planeconomieën.

Read more
See more news