Open Access
AN EMPIRICAL ANALYSIS ON DEREGULATION AND PUBLIC POLICY
4
Department of Economics University of Abuja, Nigeria
Abstract
This paper provides a comprehensive examination of the intricate relationship between deregulation and public policy. Deregulation, characterized by the reduction or elimination of government restrictions on various industries, has been a prominent aspect of economic and political discourse. The study delves into the impact of deregulation on public policy, exploring its implications on sectors such as finance, telecommunications, and energy. By employing a multi-disciplinary approach, the paper assesses the historical context, benefits and challenges of deregulation, emphasizing the need for a nuanced understanding of its effects on public policy. Additionally, the paper scrutinizes case studies and empirical evidence to unravel the complexities associated with deregulation and its implications for regulatory frameworks, consumer protection, and overall governance. Through this analysis, the paper aims to contribute to the ongoing discourse surrounding deregulation and its role in shaping public policy.
Keywords
Deregulation,
public policy,
General equilibrium theory
References
Ahmed, A. (1993). Forward to Central Bank of Nigeria: Perspectives of economic policy reforms in Nigeria. Ikeja: Page Publishers Services Ltd.
Alabi, A. T. (2006). Deregulation of the Nigerian university education: issues and challenges. African Journal of Educational Study, 4(1) 61-74
Alani, R. A. (2008). Accreditation outcomes: quality of access to university education in Nigeria, Quality Assurance in Education, 16(3), 301-312.
Aluko, O.O., Gana, U & Adeniran S. A (2019). Economic Burden Of HIV/Aid Infection, Stigmatization And Productivity Loss: Empirical Evidences From Gwagwalada, FCT - Nigeria. Research and Analysis Journal, 2(8), 86 – 102.
Anzia, S. and Moe, T. (2016). Do politicians use policy to make politics? the case of public-sector labor laws. American Political Science Review, 110(4), 763-777.
Bello, K. (2005). Deregulation of the Nigerian economy: The theoretical milieu. In A. S. Akpotor, M. E. Omohan, B. O. Iganiga, O. M. Aigbokhaevbolo & A. O. Afolabi (Eds.), Deregulation and Globalization in Nigeria: Issues and Perspectives (pp. 1-12). Ekpoma: Ambrose Alii University Press.
Birkland, T. (2019). An Introduction to the Policy Process: Theories, Concepts, and Models of Public Policy Making. New York, NY: Routledge.
Chuba, M. (2022). Impact of interest rate deregulation on gross domestic savings in nigeria. International Journal of Research and Innovation in Social Science, 05(12), 522-528.
Cochran, C., Lawrence, M. T. R., Carr, N., Joseph, C., & Mark, M. (2010). American Public Policy: An Introduction (10th ed.). Boston, MA: Cengage Wadsworth.
Cochran‐Smith, M. and Fries, M. (2001). Sticks, stones, and ideology: the discourse of reform in teacher education. Educational Researcher, 30(8), 3-15.
Dhanji, F., & Milanovic, B. (1991). Privatisation in Eastern and Central Europe: Objectives, constraints and methods of divestiture. World Bank Research Working Paper No.
Dye, T. (2013). Understanding Public Policy. Boston, MA: Pearson.
Enahoro, M. and Olawade, D. (2021). Gsm and the nigerian economy: the journey from 2004 to 2019. International Journal of Economics and Finance, 13(7), 69.
Faniran, J. O. (2012). Deregulation as a means of enhancing university educational financing in Nigeria, British Journal of Arts and Social Sciences, 8(I), 17-23
Givel, M. (2006). Neoliberal and public health effects of failing to adopt osha's national secondhand tobacco smoke rule. International Journal of Health Services, 36(1), 137-155.
Ikelegbe, A. O. (2006). Public policy analysis: Concepts, issues and cases. Lagos: Imprint Services.
Janda, K., Berry, J. M., & Goldman, J. (1997). The challenge of democracy: Government in America (5th edition). New York: Houghton Mifflin Company.
Navarro, V. (1998). Neoliberalism, “globalization,” unemployment, inequalities, and the welfare state. International Journal of Health Services, 28(4), 607-682.
Nesta, L., Vona, F., & Nicolli, F. (2012). Environmental policies, product market regulation and innovation in renewable energy. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.2192441
Nwagbara, E. N. (2006). Organised labour's perspective on the deregulation and privatisation policies in Nigeria: A case study of workers in the University of Calabar. Journal of Policy and Administrative Studies, 1(1), 122-139.
Peters, G. (2010). American Public Policy: Promise and Performance (8th ed.). Washington, DC: CQ Press.
Rinfret, S., Denise, S., & Michelle, P. (2019). Public Policy: A Concise Introduction. Thousand Oaks, CA: CQ Press.
Shafiu, R. and Salleh, M. (2020). Assessment of imf deregulation and liberalization of trade and persistence crises of development in nigeria from 2000-2018. International Journal of Academic Research in Business and Social Sciences, 10(6).
Singh, B. and Pyakuryal, B. (2021). Benefits of economic liberalization in growth and development of industry: with reference to butwal industrial area of nepal. International Research Journal of MMC, 2(2), 26-37.
Tourtouri, M., Pavlopoulos, D., & Papatheodorou, C. (2020). Assessing the impact of liberalisation policies on the greek labour market: an insider–experts' view from the perspective of the varieties of liberalisation. Industrial Relations Journal, 51(6), 517-535.
Tukur, M. and Solomon, O. (2019). Impact of deregulation on residential electricity consumption in nigeria: 1980-2017. International Journal of Academic Research in Business and Social Sciences, 9(6).
Gana, U (2018). Public Sector Financing and Economic Growth in Nigeria. Bingham Journal of Economics and Allied Studies (BJEAS), 1(2), 70-82
Weintraub, E. R. 1985. General Equilibrium Analysis; Studies in Appraisal. London: Cambridge University Press
Most read articles by the same author(s)
Similar Articles
- Teshale adere senbenta, Review On Epidemiology, Economic And Public Health Importance Of Small Ruminant Brucellosis , Critique Open Research & Review: Vol. 2 No. 01 (2024): Volume 02 Issue 01
- Dr. Emily Harper, Unpacking Rationality in Security Studies: Beyond Expected Utility and Towards Enriched Understanding of Strategic Decision-Making , Critique Open Research & Review: Vol. 3 No. 03 (2025): Volume 03 Issue 03
- Kennedy Oberhiri Obohwemu, Parents’ Sociodemographic Characteristics and Childhood Vaccine Hesitancy in The United Kingdom , Critique Open Research & Review: Vol. 3 No. 06 (2025): Volume 03 Issue 06
- Taesang Yoo, Jieun Lee, ANALYSIS OF UZBEKISTAN'S RELATIONS WITH CHINA, RUSSIA, AND SOUTH KOREA: UTILIZING TEXT MINING BASED ON GDELT BIG DATA , Critique Open Research & Review: Vol. 2 No. 04 (2024): Volume 02 Issue 04 2024
- Dr. Elias J. Moreno, Perinatal and Gestational Determinants of Long-Term Neurodevelopmental Trajectories in Children with Microcephaly: A Retrospective Cohort Study in a Rural Tertiary Care Setting , Critique Open Research & Review: Vol. 3 No. 05 (2025): Volume 03 Issue 05
- Gregory M. Aldridge, Optimizing SME Growth: The Role of Risk Management Frameworks and Collaborative Enterprise Architecture , Critique Open Research & Review: Vol. 3 No. 01 (2025): Volume 03 Issue 01
- Mengyao Zhang, Ling Deng, Jiaxing Wang, Bin Zhao, Quantitative Evaluation Model in Large Scale Innovation Competition Based on Statistical Theory , Critique Open Research & Review: Vol. 2 No. 02 (2024): Volume 02 Issue 02 2024
- Sandra Chinyeaka Nwokocha, Kennedy Oberhiri Obohwemu,, Gordon Mabengban Yakpir, Fidelis Evwiekpamare Olori, Christian Atabong Nchindia, Charles Leyman Kachitsa, Olusunmola Osinubi, Bartholomew Ituma Aleke, Aliyuda Ali, Ibrahim Olanrewaju Lawal, Iyevhobu Oshiokhayamhe Kenneth, Oluwadamilola R. Tayo, Rupali Chauhan, Shubham Sharma, Divya Motupalli, Aung Htet Sai Bo Bo, Samuel Oluwatosin Adejuyitan, Onomuighokpo Hillary Onome, Artificial Intelligence and the Future of Higher Education: Towards Inclusive, Ethical, and Employability-Driven Learning Ecosystems , Critique Open Research & Review: Vol. 3 No. 02 (2025): Volume 03 Issue 02
- Dr. Elena V. Marković, Gestational Diabetes Mellitus And Long-Term Neurodevelopmental Trajectories In Offspring: Integrative Epidemiological, Placental, And Neurocognitive Perspectives , Critique Open Research & Review: Vol. 4 No. 01 (2026): Volume 04 Issue 01
- Dr. Navin Reddy, Financial Feasibility Assessment of Water Supply Infrastructure Development Using Fuzzy Logic Methodologies , Critique Open Research & Review: Vol. 3 No. 04 (2025): Volume 03 Issue 04
1-10 of 12
Next
You may also start an advanced similarity search for this article.