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Reviving Regulatory Reform

Reviving Regulatory Reform PDF Author: Robert William Hahn
Publisher: American Enterprise Institute
ISBN: 9780844741222
Category : Business & Economics
Languages : en
Pages : 140

Book Description
This study into regulatory reform shows that technological impacts on the economic benefits and costs of regulation and a deeper understanding of the social effects of the regulatory institution are driving policymakers to question the familiar and to propose daring changes.

Reviving Regulatory Reform

Reviving Regulatory Reform PDF Author: Robert William Hahn
Publisher: American Enterprise Institute
ISBN: 9780844741222
Category : Business & Economics
Languages : en
Pages : 140

Book Description
This study into regulatory reform shows that technological impacts on the economic benefits and costs of regulation and a deeper understanding of the social effects of the regulatory institution are driving policymakers to question the familiar and to propose daring changes.

Reviving Regulatory Reform

Reviving Regulatory Reform PDF Author: Marlo Lewis
Publisher:
ISBN:
Category : Administrative law
Languages : en
Pages : 97

Book Description
"This report has a twofold purpose: reinvigorate public debate on regulatory reform, and help policymakers fashion a more affordable, effective, and accountable regulatory system. The report is organized as follows. Section II examines the role of regulatory policy in sabotaging the 1990s economic boom. It finds that Federal Communications Commission (FCC) regulations, which subjected the telecommunications industry to a "what's yours is mine" regime of infrastructure socialism and price control, inflicted trillion-dollar losses on an industry that was a key driver of the nation's economic growth. Regulatory excess contributed to and prolonged the recession. The section concludes that Congress and the president, who are entrusted with stewardship of the U.S. economy, cannot afford to leave major regulatory decisions in the hands of unaccountable bureaucrats. Section III tackles head on the opinion that regulatory reform is a pipedream--a thankless quest fraught with political peril and little chance of success. The chapter argues that although reformers in the 104th, 105th, and 106th Congresses failed to establish cost-benefit analysis and risk-assessment as touchstones of regulatory decision-making, they also achieved some notable successes. The Unfunded Mandates Relief Act (UMRA) has discouraged Congress from imposing new regulatory burdens on state and local governments. The Regulatory Flexibility Act, as amended by Small Business Regulatory Enforcement Fairness Act (SBREFA) and buttressed by President Bush's Executive Order 13272, has, in some measure, reined in regulatory costs and agency discretion. The section recommends that future reform efforts be clearly based on three recognized principles of good government: cost disclosure, political accountability, and competition. Section IV examines the basic flaws of the current process. Regulatory costs are large, growing, and, what is more disturbing, uncontrolled. Federal fiscal discipline is indeed weak, but federal regulatory discipline is practically non-existent. Many regulations function as implicit taxes, with far-reaching effects on consumer prices, employment, and innovation. Yet, nothing in the current process requires or even allows policymakers to make explicit choices about how much of the public's resources regulatory agencies should control, or how regulatory authority should be allocated among alternate uses of the same resources. Moreover, most regulatory decisions are made by bureaucrats--officials over whom "We, the people" have little, if any, control. Americans live under a constitutionally dubious regime of regulation without representation. Section V surveys initiatives reformers have proposed, adopted, or enacted during the past three decades, and identifies two main types: policing reforms and checks and balances reforms. Policing reforms aim via rules of rulemaking and centralized review to regulate the regulators. Checks and balances reforms seek to increase Congress's responsibility for regulatory decisions, create inter-agency competition, or foster competition between agency experts and outside experts. Both types will be needed to make the regulatory system more affordable, effective, and accountable. Section VI outlines steps to liberate the telecom industry from infrastructure socialism. Congress should amend the Telecommunications Act to phase out forced access regulation and price controls as quickly as possible. Section VII discusses several near-term, mid-term, and long-term options for improving the regulatory process. Because of its complexity and controversial character, the most ambitious long-term reform--regulatory budgeting--is discussed separately, in section VIII. The most important recommendations for policymakers presented in sections VII and VIII may be summarized as follows: (1) Make agencies compete for the right to score the costs and benefits of their regulatory proposals ... (2) Require congressional approval before rules are effective ... (3) Undertake pilot projects to explore the feasibility of regulatory budgets ... --Competitive Enterprise Institute web site.

The Legacy of Regulatory Reform

The Legacy of Regulatory Reform PDF Author:
Publisher: President's
ISBN:
Category : Business & Economics
Languages : en
Pages : 72

Book Description


An Agenda for Federal Regulatory Reform

An Agenda for Federal Regulatory Reform PDF Author: Robert W. Crandall
Publisher: A E I Press
ISBN:
Category : Political Science
Languages : en
Pages : 38

Book Description


Regulatory Reform

Regulatory Reform PDF Author: United States. Congress. House. Committee on Government Reform. Subcommittee on Regulatory Affairs
Publisher:
ISBN:
Category : Administrative agencies
Languages : en
Pages : 128

Book Description


OECD Reviews of Regulatory Reform: Regulatory Reform in the United States 1999

OECD Reviews of Regulatory Reform: Regulatory Reform in the United States 1999 PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264173986
Category :
Languages : en
Pages : 341

Book Description
This report presents an integrated assessment of regulatory reform in framework areas such as the macroeconomic context, the quality of the public sector, competition policy and enforcement, and integration of market openness principles in regulatory processes.

S. 59, Regulatory Right-to-Know Act of 1999, and Congressional Office of Regulatory Analysis Legislation

S. 59, Regulatory Right-to-Know Act of 1999, and Congressional Office of Regulatory Analysis Legislation PDF Author: United States. Congress. Senate. Committee on Governmental Affairs
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 304

Book Description


The Views of the Independent Agencies on Regulatory Reform

The Views of the Independent Agencies on Regulatory Reform PDF Author: United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Oversight and Investigations
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 320

Book Description


Reviving the American Dream

Reviving the American Dream PDF Author: Alice M. Rivlin
Publisher: Brookings Institution Press
ISBN: 9780815791683
Category : Political Science
Languages : en
Pages : 220

Book Description
The American dream is fading: for nearly two decades, the economy has been performing below par, the quality of life has deteriorated, and the government has not confronted the public problems that concern citizens most. In this provocative book, Alice Rivlin offers a straightforward, nontechnical look at the issues threatening the American dream and proposes a solution: restructure responsibilities between the federal and state government. Under her plan, the federal government would eliminate most of its programs in education, housing, highways, social services, economic development, and job training, enabling it to move the federal budget from deficit toward surplus. States would pick up these responsibilities, carrying out a "productivity agenda" to revitalize the American economy. Common shared taxes would give the state adequate revenues to carry out their tasks and would reduce intrastate competition and disparities. The federal government would be freer to deal with increasingly complex international issues and would retain responsibility for programs requiring national uniformity. A primary federal job would be the reform of health care financing to ensure control of costs and to mandate basic insurance coverage for everyone. Published in the summer of 1992, Reviving the American Dream was read by presidential candidate Bill Clinton; by year's end, President Clinton appointed its author, Alice Rivlin, as deputy budget director. Today, the ideal in Rivlin's book—and Rivlin herself—are having an impact inside the administration. Selected as one of Choice magazine's Outstanding Books of 1993

S. 981, the Regulatory Improvement Act of 1998

S. 981, the Regulatory Improvement Act of 1998 PDF Author: United States. Congress. Senate. Committee on Governmental Affairs
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 446

Book Description