Regulation: government intervention and harmonization

Table of Contents

Regulation: government intervention and harmonization

Harmonization

Why harmonize?

Underlying causes

Implication

Lowering fences

Political trends

International versus domestic

Examples

Why?

Environmental issues

Diminishing national autonomy

New issues

Conflicting values

Liberalization

Harmonization

Deregulation and liberalization

Why harmonize?

Arguments against harmonization

Harmonization: wrong level

Harmonization in insurance versus harmonization in banks

Recent experiences

European Union

EU experience

OECD

Government role: regulation

Types of regulation

Mechanism of regulation

Types of regulation

Types of regulation

India and China

India

India

China

China

China

AIG

AIG

Email: tapen@gauss.rhon.itam.mx

Home Page: http://gauss.rhon.itam.mx/~tapen/tapen.htm

Other information:
Tapen Sinha es Profesor de Seguros en el ITAM

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