International Regulatory Competition and Coordination
Perspectives on Economic Regulation in Europe and the United States
Edited by William W. Bratton, Joseph McCahery, Sol Picciotto, and Colin Scott
Price: £85.00 (hardback)
ISBN-13: 978-0-19-826035-6
Publication date: 16 January 1997
568 pages, 9 line illus., 234x156 mm
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| Description | The 1980s and 1990s have witnessed the emergence of globalized markets accompanied by an uneven process of national and international deregulation and re-regulation. The combined activities of transnational corporations in manufacturing industries (moving towards the global factory) and the newly privatized businesses in the energy, telecommunications and transportation sectors have fuelled an
unprecedented growth in global markets and international business networks. The unexpected but now well established development of capitalism in eastern Europe and the boom in China's special economic zones have added still further to the opportunities and risks inherent in the rapidly developing global economy. For lawyers, economists, and political scientists one of the most significant
aspects of the emergence of global markets is the question of regulation: how to regulate market access, product safety, consumer protection laws, financial services, probity and capital adequacy as well as anti-trust and competition laws and policies. Businesses complain that regulatory requirements frequently hinder the development of new markets. At the same time greater public awareness and
concern, especially over other global issues such as environment protection, have raised the cost implications of regulatory requirements, sometimes astronmically.
The essays in this volume attempt to address the success of efforts in the European Community, the US and elsewhere in the world to regulate in such a way as to accomodate both the interests of business and the wider interests of the
public. The volume is divided into several sections, the first which deals with the globalization of regulatory processes. Other sections examine regulatory competition in the field of company law, self-regulation and competition in US corporate law; regulatory regimes in the European Union and the issue of regulatory coordination affecting economic and social insterests.
This is an original
and wide-ranging collection of essays which will attract a broad readership both in the US and Europe. |
Readership: Lawyers and economists interested in both the form and theory of regulation, European Community law, international trade law, corporate and company law.
| Authors, editors,
and contributors |
Edited by William W. Bratton, Professor, Rutgers Law School, Newark, New Jersey,
Joseph McCahery, Lecturer, School of Law, University of Warwick,
Sol Picciotto, Professor, Department of Law, Lancaster University, and
Colin Scott, Lecturer, Law Department, London School of Economics
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