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Edward Elgar Publishing Delegation in the Regulatory State: Independent Regulatory Agencies in Western Europe

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Description
During the past 25 years, independent regulatory agencies have become widespread institutions for regulatory governance. This book studies how they have diffused across Europe and compares their formal independence in 17 countries and seven sectors. Through a series of quantitative analyses, it finds that governments tend to be more prone to delegate powers to independent regulators when they need to increase the credibility of their regulatory commitments and when they attempt to tie the hands of their successors. The institutional context also matters: political institutions that make policy change more difficult are functional equivalents of delegation. In addition to these factors, emulation has driven the diffusion of independent regulators, which have become socially valued institutions that help policymakers legitimize their actions, and may even have become taken for granted as the appropriate way to organize regulatory policies. Providing a broad comparison of independent regulatory agencies in Europe, Delegation in the Regulatory State will be of great interest to researchers and students in political science, public policy, and public administration.

Product Specifications
Brand
Edward Elgar Publishing
Format
hardcover
ASIN
1847204473
Category
Books > Subjects > Business, Finance & Law > Economics > Economic Policy & Development
Domain
Amazon UK
Release Date
31 March 2008
Listed Since
30 November 2007

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