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Books > Business & Economics > Economics > International economics > International trade
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The Structure of Regulatory Competition - Corporations and Public Policies in a Global Economy (Paperback, New Ed)
Loot Price: R2,670
Discovery Miles 26 700
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The Structure of Regulatory Competition - Corporations and Public Policies in a Global Economy (Paperback, New Ed)
Series: International Economic Law Series
Expected to ship within 12 - 19 working days
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In order to understand international economic regulations, it is
essential to understand the variation in competing corporations'
interests. Political science theories have neglected the role of
individual firms as causal actors. Theories of institutions have
neglected to examine the creation of business law. Economic
theories have neglected to apply concepts of asset specificity to
social regulations in competitive industries. This book fills these
voids with a company-based explanation. Its theoretical findings
open a 'black box' in the literature on international political
economy and elucidate a source of regulatory differences and
similarities.
Counter-intuitive case studies reveal how business and governments
actually interact. They also contribute to both sides of current
debates over corporate social responsibility. They examine diverse
topics including offshore finance, flags-of-convenience, CFC
production, capital requirements, the importation and sale of
'dolphin-lethal' tuna, and the advertising of infant formula.
By exploring powerful corporations' investment profiles and
regulatory strategies, this book explains why globalization
sometimes results in a 'race to the bottom', sometimes in higher
common regulations, and sometimes in regulations that differ
between countries. Uniquely, it then explains which regulatory
outcome is likely to occur under specified conditions. The
explanation incorporates economics, political science, studies of
regulatory capture, and examinations of transaction costs, firms'
regulatory strategies, and the roles international
institutions.
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