Table of Contents

Leading Issues in Competition, Regulation and Development

Leading Issues in Competition, Regulation and Development

The CRC Series on Competition, Regulation and Development

Edited by Paul Cook, Colin Kirkpatrick, Martin Minogue and David Parker

The book draws together contributions from leading experts across a range of disciplines including economics, law, politics and governance, public management and business management. The authors begin with an extensive overview of the issues of regulation and competition in developing countries, and carefully illustrate the important themes and concepts involved. Using a variety of country and sector case studies, they move on to focus on the problems of applicability and adaptation that are experienced in the process of transferring best practice policy models from developed to developing countries. The book presents a clear agenda for further empirical research and is notable for its rigorous exploration of the links between theory and practice.

Chapter 17: Regulation and social protection

Armando Barrientos

Subjects: development studies, development economics, law and development, economics and finance, competition policy, development economics, law - academic, law and development, politics and public policy, regulation and governance


Armando Barrientos1 There is an emerging consensus among multilateral institutions around the need for developing countries to establish and strengthen social protection policies and programmes as an urgent response to economic crisis and rising vulnerability (IADB 2000; ADB 2001; ILO 2001; World Bank 2001).2 The interest in social protection is a consequence of globalisation trends which increase risk and vulnerability and therefore the demand for social protection, but also restrict the capacity of governments to respond to this demand (Rodrik 1997; Alesina 1999; Tanzi 2000). As an emerging paradigm of social policy in developing countries, social protection covers a wider range of programmes, stakeholders, and instruments than alternatives such as ‘social security’, ‘social insurance’, or ‘safety nets’. This chapter explores the implications arising from the adoption of social protection for the regulation of enterprises and markets. The emergence of social protection has important implications for the regulation of enterprises and markets. Regulation is here understood as rules, norms, and institutions, aimed at achieving stated public policy goals. The emerging social protection agenda gives regulation a very significant role in reducing social risk and vulnerability. It encourages the reform and extension of existing regulation, and the development of new forms of regulation in developing countries (World Bank 2001). This includes the extension of labour standards as an important instrument in preventing and mitigating employment related income risk. It also includes mandated employee insurance covering health expenditures, work related injuries and disability, and old age and dependant pensions (ILO 2001). The...

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