After the deregulation fever and the anti-regulation campaigns across the world, is a more reasonable approach under way? From "Politico" (US) "Challenging a flood of firsthand business testimonials about the burden of federal red tape, new research by environmental and consumer groups suggests some regulations might even lay the groundwork for a lasting economic recovery."
A 2008 "occasional paper" by BERR (UK) on "the impact of regulation on productivity" develops the same idea: "On the other hand, some regulation can have a positive indirect impact on productivity. Broad regulatory frameworks can drive productivity growth by promoting competition and facilitating an improved investment and innovation climate, despite the fact that the individual regulations that comprise them will impose some direct compliance costs on to firms. The existence of an appropriate corporate governance framework, for example, is a pre-condition for enterprise and investment, and a key determinant of company performance."
A 2008 "occasional paper" by BERR (UK) on "the impact of regulation on productivity" develops the same idea: "On the other hand, some regulation can have a positive indirect impact on productivity. Broad regulatory frameworks can drive productivity growth by promoting competition and facilitating an improved investment and innovation climate, despite the fact that the individual regulations that comprise them will impose some direct compliance costs on to firms. The existence of an appropriate corporate governance framework, for example, is a pre-condition for enterprise and investment, and a key determinant of company performance."
A 2008 "occasional paper" by BERR (UK) on "the impact of regulation on productivity" develops the same idea: "On the other hand, some regulation can have a positive indirect impact on productivity. Broad regulatory frameworks can drive productivity growth by promoting competition and facilitating an improved investment and innovation climate, despite the fact that the individual regulations that comprise them will impose some direct compliance costs on to firms. The existence of an appropriate corporate governance framework, for example, is a pre-condition for enterprise and investment, and a key determinant of company performance."
A 2008 "occasional paper" by BERR (UK) on "the impact of regulation on productivity" develops the same idea: "On the other hand, some regulation can have a positive indirect impact on productivity. Broad regulatory frameworks can drive productivity growth by promoting competition and facilitating an improved investment and innovation climate, despite the fact that the individual regulations that comprise them will impose some direct compliance costs on to firms. The existence of an appropriate corporate governance framework, for example, is a pre-condition for enterprise and investment, and a key determinant of company performance."
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