Regulation, institutions and the law /
Jaivir Singh
- New Delhi : Social science press, 2011
- xiv, 242p. 22cm.
The need to regulate certain aspects of the market economy is widely acknowledged. There are now many agencies in India, which use institutional and legal mechanisms to do this. Though regulation is intimately related to law, it goes beyond it. A large body of the standard literature on regulation has grown organically in response to the markets in the United States and Western Europe. The fourteen papers in this volume try to understand the specific context within which regulation has unfolded in India, under circumstances which are very different from those in the United States and Western Europe. It also dwells on how these regulatory issues flow across national boundaries and affect the international arena in this age of globalization.