Handbook on the politics of regulation by David Levi-Faur

By David Levi-Faur

This precise Handbook bargains the main up to date and accomplished, state of the art experiences of the politics of law. It offers and discusses the center theories and ideas of law according to the increase of the regulatory kingdom and regulatory capitalism, and within the context of the 'golden age of regulation'. Its 11 sections contain forty-eight chapters masking concerns as assorted and sundry as: theories of legislation; historic views on law; legislation of previous and new media; probability law, enforcement and compliance; greater legislation; civil law; ecu regulatory governance; and international rules. As a complete, it presents a necessary element of reference for all these engaged on the political, social, and financial features of law.

This accomplished source could be of large price to students and coverage makers in several fields and disciplines together with political technology, public coverage and management, diplomacy, legislation, foreign legislations, company and politics, eu reports, nearby experiences, and improvement experiences

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3. “Rule” means the whole or part of an agency statement of general or particular applicability and future effect designed to implement, interpret, or prescribe law or policy (Kerwin 1994: 3). 4. Police patrols represent direct oversight, while “fire alarms” mobilize third parties, including private actors into the regulatory space. See McCubbins and Schwartz (1984). 5. An example of a third-party regulation that is motivated by market considerations is the SGS Corporation. It does inspection, verification, testing, and certification; it has been listed on the Swiss Stock Exchange since 1985 and has more than 46 000 employees, in over 1000 sites around the world.

Yandle, Bruce and Stuart Buck (2002), ‘Bootleggers, Baptists, and the global warming battle’, Harvard Environmental Law Journal, 1 (26), 177–229. indd 33 27/10/2011 16:06 3 Capturing “capture”: definition and mechanisms Barry M. Mitnick It has been at least since Horace Gray (1940) and Merle Fainsod (1940) that scholars have warned that government regulation tended to serve the interests of regulated parties over more general public interests. , Jordana and Levi-Faur 2004), the uses of the state by private interests remain prominent features of regulation.

Instead of focusing on political favors that may be provided by politicians, McChesney developed a theory of political wealth extraction; it is damage control with a twist. Consider a group of businesses that have not yet been subject to regulation. The businesses are not organized politically, have no trade association, and provide little in the way of campaign contributions to politicians. In a sense, there is little a politician can do to benefit or harm an unregulated industry. To get the industry’s attention, a politician announces that hearings will be held on the possibilities of calling for consumer protection regulation of the industry’s main product or services.

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