(2009). Regulatory challenges in electricity markets in India.
In: Mehta, Pradeep S. and Evenett, Simon J. eds.
Politics Trumps Economics: Political Economy and the Implementation of Competition Law and Regulation in Developing Countries.
New Delhi, India: Academic Foundation, pp. 361–409.
Addressing the unique regulatory needs of developing countries and the observation that mere adoption of regulatory laws is a necessary--but not sufficient--condition for changes in economic outcomes, this detailed tome provides a look at the reasons why certain regulatory objectives and provisions fail to work when put into practice. Written by leading experts, this account includes the detailed and up-to-date global impressions of economic regulatory challenges and the political economy that can often frustrate the successful implementation of regulatory laws.
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