Deregulation and its Discontents examines the different ways in which the issues related to deregulation and reregulation have been addressed in Asia. It will appeal to academics and researchers of public sector economics, Asian studies – and the political economy of Asia in particular – as well as public officials dealing with regulatory issues.

Contents: 1. Preface: The Evolution of De/Reregulation Michael Howlett and M. Ramesh PART I: INTRODUCTION: GOVERNANCE AND GLOBALIZATION 2. Governance Crisis in Asia: Developing a Responsive Regulation Anil Hira 3. Globalisation and National Regulations: Race to the Bottom, Top, and Middle M. Ramesh PART II: DEREGULATION AND ITS DISCONTENTS: CASES IN EAST ASIAN REGULATORY REFORM 4. Power’s Promise: Electricity Reforms in Eastern Europe and Central Asia J.A. Lampietti, S.G. Banerjee, J. Ebinger, M. Shkaratan, G. Sargsyan, I. Klytchnikova and K. van den Berg 5. Privatization and Regulation of Competition in the Electricity Sector Lucas A. Skoufa 6. Independent Power Producers in Indonesia and the Philippines Xun Wu and Priyambudi Sulistiyanto 7. Power Sector Deregulation and the Environment: Evidence from the Philippines and Thailand Jessie L. Todoc 8. Governance and Regulation of Provident and Pension Funds in Asia Mukul G. Asher and Amarendu Nandy 9. Regulation and Deregulation of the Stock Market in India Ashima Goyal PART III: POLICY DESIGN PRINCIPLES FOR REGULATORY REFORM 10. Design Principles for Smart Regulations Neil Gunningham and Darren Sinclair 11. Universal Service, and the Transition from State Control to State-Monitored Competition Jon M. Peha 12. Conclusion: The De/Reregulatory Cycle: Learning and Spill-over Effects in Regulatory Policy-Making Michael Howlett Index