The twelve papers in Regulation, Institutions and the Law try to understand the specific context within which regulation has unfolded in a country like India, which is different in many ways from that of the United States and Western Europe. The volume also dwells on how these regulatory issues flow across national boundaries and affect the international arena in this age of globalization. While some papers discuss conceptual issues others engage with how the political economy affects regulation both in terms of domestic political economy and in relation to pressures from international organizations. Banning the import of carpets, which use child labour, is a case in point. Yet other papers discuss some specific sectors in the economy, which are regulated, such as, finance, telecommunications and competition policy, in relation to the problem of regulation itself.