Regulating Public Services Bridging the Gap between Theory and Practice

“Regulating Public Services: Bridging the Gap between Theory and Practice” by Emmanuelle Auriol, published by Cambridge University Press on October 21, 2021, is a comprehensive exploration of the role of regulation in managing monopolistic behavior in public service sectors such as electricity, transport, and water. Spanning 500 pages, this edition presents an analysis of how technological and financial innovations since the 1990s have introduced new regulatory challenges, emphasizing the importance of adapting regulatory frameworks to meet these evolving demands.
Readers will find that the book illustrates how fundamental regulatory theories and tools can effectively address both traditional and contemporary issues in various economic contexts, including developed and developing economies. It discusses the implications of financial and political constraints, changing market structures, and the necessity for regulatory responses to climate change and poverty. By bridging theoretical insights with practical applications, this work aims to provide a nuanced understanding of economic regulation and its future trajectory.
Official synopsis Publisher
Regulation is one of the tools used by governments to control monopolistic behaviour in the provision of public services such as electricity, transport or water. Technological and financial innovations have changed these public services markets since the 1990s, bringing new regulatory challenges, including technological and financial ones. This book demonstrates that basic regulatory theory and tools can address these new challenges, in addition to more traditional regulatory issues, both in developed and developing economies. The theory covered in the book is robust enough to guide regulators in multiple contexts, including those resulting from the effects of financial or political constraints, evolving market structures or the need to adapt to institutional weaknesses, climate change and poverty concerns that demand regulatory intervention. A bridge between theory and an evolving global practice, this book mobilizes the lessons of the past to analyse the future of economic regulation.
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