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Posts Tagged ‘Regulatory Institutions’

There can not be denied the economic business and political considerations in the management of financial and regulatory institutions in practice, the establishment of regulatory institutions will be confronted with obstacles such as those identified by Abrams and Taylor (2000) that, firstly, there is the practice of political power that is politicians who have strong political forces tend to assess the formation regulatory agencies as an opportunity to increase its influence in government. Therefore, the politicians were trying to get a job at the watchdog agency. Moreover it is if new institutions are independent institutions. Second, the attraction is of interest because the creation of new regulatory agencies requires new rules. The preparation of new regulations tends colored a relatively long time gap and attract political interest. Not only attract interest among ministries, in the commission of the council representatives will also involve cross-commissions.

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