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The Rise of the Regulatory State of the South - Infrastructure and Development in Emerging Economies (Hardcover, New)
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The Rise of the Regulatory State of the South - Infrastructure and Development in Emerging Economies (Hardcover, New)
Series: Law And Global Governance
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The 1990s and 2000s have witnessed a spurt of energetic
institution-building in the developing world, as regulatory
agencies emerge to take over the role of the executive in key
sectors. This rise of the regulatory state of the south is barely
noticed both by scholars of regulation and of development, let
alone adequately documented and theorized. Yet the consequences for
the role of the state and modalities of governance in the south are
substantial, as politically charged decisions are handed over to
formally technocratic agencies, creating new arenas and forms of
contestation over the gains and losses from development decisions.
Moreover, this shift in the developing world comes at a time when
the regulatory state in the north is under considerable stress from
the global financial crisis. Understanding the regulatory state of
the south, and particularly forms of accommodation to political
pressures, could stimulate a broader conversation around the role
of the regulatory state in both north and south. This volume seeks
to provoke such a discussion by empirically exploring the emergence
of regulatory agencies of a range of developing countries across
Asia, Africa, and Latin America. The cases focus on
telecommunications, electricity, and water: sectors that have often
been at the frontlines of this transition. The central question for
the volume is: Are there distinctive features of the regulatory
state of the South, shaped by the political-economic context of the
global south in the last two decades? To assist in exploring this
question, the volume includes brief commentaries on the case
studies from a range of disciplines: development economics, law and
regulation, development sociology, and comparative politics.
Collectively, the volume seeks to shape the contours of a
productive inter-disciplinary conversation on the emergence of a
significant empirical phenomenon - the rise of regulatory agencies
in the developing world - with implications both for the study of
regulation and the study of development.
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