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Understanding Regulation: Theory, Strategy, and Practice
 
 
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Understanding Regulation: Theory, Strategy, and Practice [Paperback]

Robert Baldwin , Martin Cave
5.0 out of 5 stars  See all reviews (1 customer review)

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Paperback, 27 May 1999 --  
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Product details

  • Paperback: 384 pages
  • Publisher: OUP Oxford; New edition edition (27 May 1999)
  • Language English
  • ISBN-10: 0198774389
  • ISBN-13: 978-0198774389
  • Product Dimensions: 23.1 x 15.5 x 2.3 cm
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon Bestsellers Rank: 350,680 in Books (See Top 100 in Books)
  • See Complete Table of Contents

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Dr. Robert Baldwin
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Product Description

Review

It is an excellently constructed work, and provides much food for thought for the times in which we live. (New Law Journal )

The book is well researched and written with enough conviction to make a valuable contribution in developing our understanding of the choices regulation presents us with and the potential of new regulatory arrangements going forward. (Matthew Berry, Financial Adviser Careers Extra )

Some of the material is very useful and not easily available in textbook form elsewhere ... a good way of catching up on the reforms in a variety of policy sectors and thinking in different disciplines. (Public Administration )

Review

It is an excellently constructed work, and provides much food for thought for the times in which we live. New Law Journal The book is well researched and written with enough conviction to make a valuable contribution in developing our understanding of the choices regulation presents us with and the potential of new regulatory arrangements going forward. Matthew Berry, Financial Adviser Careers Extra Some of the material is very useful and not easily available in textbook form elsewhere ... a good way of catching up on the reforms in a variety of policy sectors and thinking in different disciplines. Public Administration

Inside This Book (Learn More)
First Sentence
Our aim in writing this book is to introduce readers to those practical and theoretical issues that we see as central to the study of regulation. Read the first page
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Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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22 of 23 people found the following review helpful
Format:Paperback
Understanding Regulation was written as a course text for the MSc in Regulation at the London School of Economics. The majority of the book is written by Rob Baldwin, currently the MSc Regulation Programme Director with Martin Cave contributing towards the more 'economistic' chapters of the book. I have had no hesitation in using Understanding Regulation in my teaching, previously at the University of the West Indies, now at the London School of Economics.

The main strength of Understanding Regulation is its general comprehensiveness. This is suitable reading for someone who is not yet familiar with the literature on regulation. Baldwin and Cave have done well to achieve such a high level of discussion, while still managing to keep things simple enough for students and people new to the field. Exhaustive footnotes provide an excellent resource for those who wish to delve further. For this reason, Understanding Regulation is often the first text I pick up when I am working on some area of regulation on which I am rusty.

One minor criticism of Understanding Regulation is its UK centred approach. While only one chapter, Chapter 14 on British Utilities Regulation, goes into the details of regulation in the UK in any depth, the underlying assumptions are often UK-specific.

This is only a minor issue. It might easily have been remedied in two ways: First, a chapter dealing with regulation and national political administrative traditions would have been appropriate, especially given the recent literature that emphasises regulatory culture; Second, I would like to have seen a chapter on regulation in developing countries. There has been some interesting discussion in the professional literature on regulatory regimes as instruments of social and economic development, of which the best is still perhaps Levy & Spiller's book, Regulations, Institutions and Commitment (Cambridge University Press, 1996). This growing area deserves some consideration.

These minor quibbles notwithstanding, I have no hesitation in saying that Understanding Regulation is essential reading.

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