The Tao Te Ching is an ancient classic of Chinese Daoism whose authorship is conventionally attributed to a certain Lao Tzu. It contains advice on how to be a Sage, a person with sagacity. Significant sections are clearly directed at leaders in governance.
Delivered as part of ‘Investing in utility networks with less reliance on markets and more uncertainty: how do we deliver security and efficiency?’, Hertford Seminar in Regulation 2019
Delivered as part of ‘Too busy to think’, Annual Westminster Conference 2017
Delivered as part of ‘Too busy to think’, Annual Westminster Conference 2017
Delivered as part of ‘The evolution of UK regulatory policy in retrospect: What has worked well? What hasn’t? What can be learned from experience?’, Annual Competition and Regulation Conference 2016
Delivered as part of ‘Symposium’, Annual Competition and Regulation Conference 2015
Delivered as part of ‘The role of competition in public policy’, Annual Westminster Conference 2010
Beesley Lecture series XIX
The introduction of next-generation access networks (NGANs) in communications changes the market and technological context in which public policy operates. It does so in a way that, in terminology used in the economic analysis of innovation, can be said to be ‘drastic’ in nature. This poses a number of new challenges for the development of regulatory policy, some of which are identified and explored in this paper.
When new problems arise, one of the first analytical tasks for regulators is to discover perspectives that might be of assistance in thinking through the issues that emerge. These alternative ‘frames’, which will also be explored below, are not solutions to the policy problems, but rather are ways of approaching the issues to assist the development of policy positions.
This study highlights limits to real reform in the electricity and telecommunications sectors in Spain
An overview of the recent liberalisation of the telecommunications, electricity, and railways sectors in Germany.
Between July 1995 and January 1996 a series of one-to-one reviews were carried out with all the regulatory bodies, seven investment analysts, five companies each in the electricity and water industries, British Gas (BG), British Telecom (BT and British Airports Authority (BAA). Issues focused on the sources and nature of risk, the cost of capital and other pressing concerns of interviewees. This document provides a summary of the views expressed.
A personal perspective on the regulatory relationships, their workings, and their effects on the way business operates, including: remarks of a somewhat theoretical kind about the nature of regulation in a free market economy; an examination of the way in which ideas on what regulation is about have been incorporated into the regime for telecommunications and how these ideas have actually worked in practice; and some proposals for reform