Author(s): Jaja Ahmad
Overregulation in emerging economies often stems from well-intentioned efforts to ensure safety, transparency, and accountability. However, excessive bureaucratic controls can stifle innovation, deter investment, and burden small businesses. This article explores the hidden costs of overregulation, including economic inefficiencies, corruption, and informal sector growth. It also examines the delicate balance between necessary safeguards and regulatory excess, offering insights into reform strategies that promote both governance and growth.