Economic--Government Regulation Research Paper Example | Topics and Well Written Essays - 1500 words

Economic--Government Regulation - Research Paper ExampleRegulation of a countrys affairs by the government is not a contemporary issue as it is considered an event that began several decades ago as most governments engaged in attempts to advance their interest. In other(a) words, regulations have been used to protect key interests of the civilians and those of the government of the day. Government regulations touch on a bet of issues key among them being political, economic and social.As time passes by regulations, tend to develop at many government levels as commissions gain greater powers with respect to operation of regulations. In other words, the government departments and agencies ar becoming heavily involved in design and final execution of instrument of the regulations. It is noteworthy that government agencies comprise by either the administrator or the legislative branches argon highly responsible for actual implementation of various regulations issued by the governm ent department in charge. For instance, in the United States, the Food and Drug tie (FDA) and Environment Protection Agency (EPA) atomic number 18 responsible promoting laws that ensure safe food and drug products are in the market while as well as laws that cut down on contamination effect in the country respectively.Government agencies have become powerful institutions over the recent previous(prenominal) owing to the delegate roles they have been extended to by the government. For instance, the legislative arm of the government may theorise or enact laws and establish guiding principles and the agencies are left to make follow-ups and final implementation. The operations of these agencies are highly influenced by their independence and as such, there are certain agencies that free from the control of the executive and other department of the government. The government departments as well as agencies do not often lop in isolation considering the fact that members from the to ffee-nosed sector are normally included in the board. The private sector