Sappington, David E.M.

Principles of regulatory policy design. - Washington : World Bank, 1994. - Policy Research Working Paper No. 1239 .

Background paper for World Development Report 1994.

The paper contrasts command-and control regulation (tight control of water purification for example, with more flexible forms including incentive regulation, potential regulation and reactive rather than proactive policies.


Economic policy.
Economic systems -- Market economy.--Economic systems -- Market economy.