The World of Regulatory Institutions Has Been in a State of Flux
for the last two decades, and valuable lessons can be learned from
a comparative focus on the nature and causes of institutional
change and reform in the regulatory agencies and institutions of
United States, Canada, and Great Britain.
The contributing authors, mainly political scientists and legal
scholars but also practicing regulators, make the case for a much
broader conceptual view of regulation; that it is increasingly
necessary for key regulatory interests -- business and consumers --
to understand regulation in terms of an interplay among four
regions: sectoral, framework, intra-cabinet and international. They
also explore inter-regime regulatory institutional relations
through case studies to demonstrate how regulatory institutions
respond to competing regulatory requirements, and to tensions
between sectoral utility regulators and competition and
environmental regulators.
Other key comparisons are drawn out, such as the independence
and autonomy of regulators, implementation, economic governance and
different paths towards reform. The essential contrast between the
three nations studied shows that institutional change in the UK has
been explicitly structural, and that a new 'regulatory state' has
been more openly and fully rediscovered in that country while
change within a federal structure such as exists in the us and
Canada has tended to remain more intra-governmental.
The book seeks to provide students of regulation with a work
that focuses on the political and institutional that they can place
alongside examinations of the economic and legal perspectives.
General
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