Regulatory Competition

Essay specific features

 

Issue:

Business

 

Written by:

Sara S

 

Date added:

April 5, 2016

 

Level:

University

 

Grade:

B

 

No of pages / words:

18 / 4875

 

Was viewed:

5285 times

 

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Essay content:

Economists on the other hand argue that differences in national rules and regulations are just one factor which determine comparative advantage and many writers have argued that "regulatory competition" is positively beneficial as a way of selecting the best norms, and cite the writings of Tiebout in support of this claim...
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The setting of national regulations in response to the actual or expected impact on internationally mobile goods, services or factors on national economic activity may lead to a form of arbitrage by economic actors across the various market opportunities. Critics claim that it can lead to a "race to the bottom" in national standards...
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