Advertisement

The New Rulemaking

  • Belaid Rettab
Chapter
Part of the International Studies in Entrepreneurship book series (ISEN, volume 20)

Abstract

Laws and regulations have their limitations. In abundance, they might become fu-tile, particularly due to regulatory capture. BIA is called for to reduce costs of doing business in Dubai and to improve the quality of regulations. Corporate social responsibility (CSR) is also viewed to improve the general business environment.

This chapter highlights the impact of regulations on businesses in Dubai and the situation of CSR in the market environment. The chapter calls for CSR (self-regulation) and argues that when fitted in sound public-private partnership framework, could achieve general improvement of the business environment in Dubai.

Keywords

Corporate Social Responsibility Corporate Governance Environmental Impact Assessment Corporate Social Responsibility Practice Trade Sector 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

References

  1. Arrow, K. J. (1973). Information and Economic Behavior, Lecture presented to the federation of Swedish Industries, Stockholm, reprinted in Arrow, K. J. (1984), Collected Papers of J. Arrow: The Economics of Information (pp. 136–52). Harvard University Press, Cambridge, MA.Google Scholar
  2. Asian Development Bank (2000). Asia Development Report. Manila: ADB.Google Scholar
  3. Blowfield, M. and Frynas, J. G. (2005). Setting new agendas: critical perspectives on Corporate Social Responsibility in the developing world. International Affairs, 81(3): 499–513.CrossRefGoogle Scholar
  4. Campbell-White, O. and Bhatia, A. (1998). Directions in development: Privatization in Africa. World Bank. Washington, DC (1998).Google Scholar
  5. Dubai Ethics Resources Center (2006). Corporate Responsibility Awareness in The United Arab Emirates.Google Scholar
  6. Guasch, J. L. and Hahn, R. W. (1999). The Costs and Benefits of Regulation: Implications for Developing Countries. World Bank Research Observer, 14(1): 137–158.Google Scholar
  7. Helm D. (2006). Regulatory reform, capture, and the regulatory burden. Oxford Review of Economic Policy, 22(2).Google Scholar
  8. Jacobs, S. (2004). Governance of Asia utilities; New regulators struggle in difficult environments. The governance brief, issue 10, ADB Governance and Regional Cooperation Division: Bangkok.Google Scholar
  9. Klein, M. and Harford, T. (2004). Corporate Responsibility-When Will Voluntary Reputation Building Improve Standards? Public Policy for the Private Sector (Note, 274: 3).Google Scholar
  10. Lanyi, A. (2000). The institutional basis of economic reforms. In: Kähkönen, S. and A. Lanyi, Editors. Institutions, incentives and economic reforms in India. Sage Publications, New Delhi and London.Google Scholar
  11. Parker, D. (1999). Regulation of privatised public utilities in the UK: performance and governance, International Journal of Public Sector Management 12(3): 213–235.CrossRefGoogle Scholar
  12. Rettab, B. and Nijsen, A. (2006). Impact of Regulations on Dubai Business. Data Management & Business Research, DCCI. ISBN 9948-430-16-6.Google Scholar
  13. Schwella, E. (2002). Regulation and competition in South Africa. Working Paper no. 18. Manchester: Centre on Regulation and Competition, University of ManchesterGoogle Scholar
  14. Stiglitz, J. (1998). Private uses of public interests: incentives and institutions. Journal of Economic Perspectives 12(2): 3–22.Google Scholar
  15. Van Calster, G. and Deketelaere, K. (2001). The use of voluntary agreements in the European community’s Environmental Policy. In: Orts, E. and K. Deketelaere, Editors. Environmental contracts comparative approaches to regulatory innovation in the United States and Europe, Kluwer Law International, London.Google Scholar
  16. Ugaz, C. (2003). Consumer participation and pro-poor regulation in Latin America. In: C. Ugaz and C. Waddams Price, Editors, Utility privatization and regulation: A fair deal for consumers, Cheltenham , Edward Elgar.Google Scholar

Copyright information

© Springer Science+Business Media, LLC 2009

Authors and Affiliations

  1. 1.Dubai Chamber of Commerce & IndustryDubai

Personalised recommendations