Corporate moves towards focused production and outsourcing, governmental reforms involving privatization and deregulation and the globalization of trade and investments promise large efficiency gains. However, the necessary coordination mechanisms call for regulatory approval and policy guidelines to safeguard these undertakings against abuse, which in turn are held up against the test of administrative efficiency and global regulatory competition. The question is: what standard will ultimately inspire policy, satisfy administration and be acceptable to parties inside and outside of a given commercial and economic arrangement?
Ralf Boscheck looks to the various approaches of institutional and constitutional economics to complement traditional market models in shaping policies to govern increasingly complex market conditions.
This book clarifies, integrates and applies diverse perspectives to salient issues of governance and presents them in an accessible manner. It will be an invaluable contribution to this field.

Strategies, Markets and Governance addresses governance concerns at firm, industry, country and international levels. How do regulatory authorities deal with new business models, organizational structures and blurring market relations? What limits regulatory control and what are the implications of corporate self-regulation? What drives the spread of new regulation and what limits its effectiveness? How does 'the organized public' shape political and corporate interests and what is its legitimacy and impact on business? How do corporate strategies turn tighter regulation into profit opportunities, deliver public benefits in the face of predatory states and when is exit the only option left? The contributing authors are leading researchers on governance and public policy, and present assessments of these questions in a variety of institutional and international contexts. The book is ideally suited to advanced students of business, public policy and business regulation, as well as practitioners and policy makers.

Strategies, Markets and Governance addresses governance concerns at firm, industry, country and international levels. How do regulatory authorities deal with new business models, organizational structures and blurring market relations? What limits regulatory control and what are the implications of corporate self-regulation? What drives the spread of new regulation and what limits its effectiveness? How does 'the organized public' shape political and corporate interests and what is its legitimacy and impact on business? How do corporate strategies turn tighter regulation into profit opportunities, deliver public benefits in the face of predatory states and when is exit the only option left? The contributing authors are leading researchers on governance and public policy, and present assessments of these questions in a variety of institutional and international contexts. The book is ideally suited to advanced students of business, public policy and business regulation, as well as practitioners and policy makers.

Corporate moves towards focused production and outsourcing, governmental reforms involving privatization and deregulation and the globalization of trade and investments promise large efficiency gains. However, the necessary coordination mechanisms call for regulatory approval and policy guidelines to safeguard these undertakings against abuse, which in turn are held up against the test of administrative efficiency and global regulatory competition. The question is: what standard will ultimately inspire policy, satisfy administration and be acceptable to parties inside and outside of a given commercial and economic arrangement?
Ralf Boscheck looks to the various approaches of institutional and constitutional economics to complement traditional market models in shaping policies to govern increasingly complex market conditions.
This book clarifies, integrates and applies diverse perspectives to salient issues of governance and presents them in an accessible manner. It will be an invaluable contribution to this field.