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Embedding regulatory autonomy: the reform of Jamaican telecommunications regulation 1988-2001

Stirton, Lindsay and Lodge, Martin (2002) Embedding regulatory autonomy: the reform of Jamaican telecommunications regulation 1988-2001. CARR Discussion Papers, DP 5. Centre for Analysis of Risk and Regulation, London School of Economics and Political Science, London, UK. ISBN 0753019310

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Abstract

Globalisation is said to have diminished the capacity of states to regulate their economies. However, while a body of doctrine has developed concerning the need for capable, independent regulation, there is relative paucity of theoretical discussion concerning the nature of state regulatory capacity, or how this can be enhanced (or is diminished). Existing accounts focus mainly on ability to manage technical complexity and the design of regulatory institutions. This paper seeks to extend the discussion using the idea of the 'embeddedness' of political and economic institutions developed by Mark Granovetter, Peter Evans and others. The challenges encountered in embedding a regulatory regime are illustrated by a detailed case study of telecommunications reform in Jamaica which, it is somewhat tentatively argued, represents a successful attempt to bring about embedded regulatory autonomy. The case study illustrates that, while aspects of globalisation challenge national autonomy in regulating rapidly globalising sectors such as telecommunications, other globalisation effects may facilitate increased embedded autonomy within national regulatory regimes.

Item Type: Monograph (Discussion Paper)
Official URL: http://www.lse.ac.uk/CARR
Additional Information: © 2001 The Author
Library of Congress subject classification: H Social Sciences > HE Transportation and Communications
H Social Sciences > HG Finance
Sets: Research centres and groups > Centre for Analysis of Risk and Regulation (CARR)
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Identification Number: DP 5
Date Deposited: 07 Jun 2011 12:42
URL: http://eprints.lse.ac.uk/35986/

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