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"How private groups increasingly set public policy and regulate
lives-with little public knowledge or attention. From accrediting
doctors and lawyers to setting industry and professional standards,
private groups establish many of the public policies in today's
advanced societies. Yet this important role of nongovernmental
groups is largely ignored by those who study, teach, or report on
public policy issues. Public Policymaking by Private Organizations
sheds light on policymaking by private groups, which are not
accountable to the general public or, often, even to governments.
This book brings to life the hidden world of policymaking by
providing an overview of this phenomenon and in-depth case studies
in the areas of finance, food safety, and certain professions. Far
from being merely self regulation or self-governance, policymaking
by private groups, for good or ill, can have a substantial impact
on the broader public-from ensuring the safety of our home
electrical appliances to vetting the credit-worthiness of complex
financial instruments in the run-up to the 2008 financial crisis.
From nonprofit associations to multinational corporations, private
policymaking groups are everywhere. They certify professionals as
competent, establish industry regulations, and set technical and
professional standards. But because their operations lack the
transparency and accountability required of governmental bodies,
these organizations comprise a policymaking territory that is
largely unseen, unreported, uncharted, and not easily reconciled
with democratic principles. Anyone concerned about how policies are
made-and who makes them-should read this book."
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