Africana Periodical Literature 
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 Periodical article |
 Leiden University catalogue |
 WorldCat |
| Title: | Regulatory takings |
| Authors: | Du Plessis, S.A. Du Plessis, S.W.F.  |
| Year: | 2005 |
| Periodical: | South African Journal of Economics |
| Volume: | 73 |
| Issue: | 1 |
| Pages: | 121-132 |
| Language: | English |
| Geographic term: | South Africa |
| Subjects: | property rights compensation economic policy |
| External link: | https://onlinelibrary.wiley.com/doi/10.1111/j.1813-6982.2005.00009.x/pdf |
| Abstract: | The State can intervene in economic and social affairs in either (or both) of two ways: firstly, by direct intervention. Alternatively, the State can concern itself with designing, and implementing, institutions that will alter the costs and incentives with which individuals pursue their own ends. This article concerns interventions of the latter kind, especially the institutional implications of certain regulatory innovations (called regulatory takings) that affect property rights adversely. The purpose of the article is to stimulate the interest of economists in this topic and to act as an early warning of an issue that is likely to rise in importance as the South African government pursues microeconomic reform and other regulatory interventions in the economy. The reality of the concern is demonstrated with a recent domestic example, that is the government's policy of beneficiation, with specific reference to the recent regulatory upheaval in the scrap metal industry. Bibliogr., notes, ref., sum. [ASC Leiden abstract] |
