The introduction of a regulatory policy such as Environmental Financial Assurance (EFA) requires a\r\nchange in other fronts including enforcement philosophies, modes of organization and an increase in\r\nfinancial support for the regulatory system. Regulation is an essential developmental policy toolkit that\r\nfavours poorer countries in the developing world. This research aims at contributing to the field of\r\nenvironmental public policy, and assists policy makers and observers to understand what EFA policy is\r\nand what is transferable in the context of a developing world. This links it to the field of policy transfer,\r\nand in addition delivers a tangible result in terms of a positivistic case study that tests the\r\ntransferability of a New Public Management (NPM) policy across substantial international and cultural\r\nboundaries. It allows us to ask to what extent imitative isomorphism exists in this context.
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