Friday, December 02, 2011

Monitoring and enforcement

Books of Account
Economic Analysis of Institutions
V. Santhakumar
(http://www.sagepublications.com/)

Cost of unlawful action

A question that most of us can relate to is, “Do citizens' actions compensate for the weak enforcement of laws?” Devoting a chapter to this poser, V. Santhakumar writes in ‘Economic Analysis of Institutions: A practical guide' that poor enforcement of laws, such as of environment, creates social losses, which in turn encourage citizens to act by filing PIL (public interest litigation) or resorting to civil disobedience actions.

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