A good place to start is with the passage of the Employment Act of 1946, which stated that it is the “continuing policy and responsibility of the Federal Government . . . to promote maximum employment, production, and purchasing power.” 2 Some version of these goals has been in place ever since.
In Bahrain’s case, pending the enactment of a new law in 2006, we were able to make progress by the simple expedient of initially issuing short amendments to existing sector laws, such as our 1987 insurance act – the only change being to transfer regulatory responsibility to the BMA.