Jean-Michel Glachant
U. of Paris XI



(Wednesday, 1st January 2003)

Title : Institutional Reform and Deregulation

The aim of this workshop is to introduce to the institutional analysis of actual deregulation policies. It doesn’t matter so much who is pushing for deregulation: the World Bank or the European Commission? What matters is the institutional framework in which such reforms are made. Here the "Institutional Complementarity" condition applies: a reform is only an ex ante promise until the existing institutional environment could implement it in its entirety.

Bibliographical references :

Must read reference : Jean-Michel Glachant [2002], "Why regulate deregulated network industries?", Journal of Network Industries, Vol 3: 297-311.

D. Finon [2002], "Introducing Competition in the French Electricity Supply Industry: the destabilisation of a public hierarchy in an open institutional environment", CEEPR Working Paper N°2002-09 (MIT)
available on the CEEPR website,

P. Joskow [2002], "Transaction Costs, Antitrust rules and remedies", Journal of Law, Economics and Organization, April.

L. Haggarty & M.M Shirley [2002], "The Structure of Effective Regulatory Governance: Evidence from Telecommunications", Working Paper World Bank.