Problem
Diffuseness of regulatory authority
Other Names:
Confusing official responsibilityConfusion concerning regulatory responsibility
Nature:
In a particular nation or federation, authority concerning matters impeding social or economic change may be distributed among many different bodies at different levels. Even implementing changes whose value is uncontested by all parties may be extremely difficult and time-consuming. Incidence:
An example of this problem is that it took seven years for the Inter-American Development Bank to persuade most of the states within the USA to permit its securities to be held by banks, savings banks, trust accounts and pension funds. Broader Problems:
ConfusionUnshared mutual responsibility Related Problems:
Excessive extralegal powersIneffective regulation of electronic messages Aggravates:
Biased regulatorsUnclear official directivesUnpredictable governmental policyLegal impediments to foreign investmentUnethical practices of regulatory inspectorsLack of integration of regulatory programmes into other socio-economic programmes Reduced By:
Quantitative understanding of responsibilitySubject(s):
Government → AuthoritiesLaw → Regulation
Related UN Sustainable Development Goals:
Problem Type:
F: Fuzzy exceptional problems Date of last update
04.10.2020 – 22:48 CEST