Regulatory Principles in South Africa
Year:
2008
Organisation:
Faculty of economic and management sciences, University of the Western Cape
The trend towards the Regulatory State.
It has been argued that:
“A fundamental driver of the demand for regulation in recent years has been increasing ‘risk aversion’ in many spheres of life. Regulation has come to be seen as a panacea for many of society’s ills and as a means of protecting people from inherent risks of daily life. Any adverse event … is laid at government’s door for a regulatory fix”. (Banks, 2006, p. 11)
It has been argued that:
“A fundamental driver of the demand for regulation in recent years has been increasing ‘risk aversion’ in many spheres of life. Regulation has come to be seen as a panacea for many of society’s ills and as a means of protecting people from inherent risks of daily life. Any adverse event … is laid at government’s door for a regulatory fix”. (Banks, 2006, p. 11)
| Attachment | Size |
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| Blackmur_24 Oct 2008.pdf | 43.12 KB |
