Transatlantic Regulation

Susanne Lütz (Freie Universitat Berlin, Germany)

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English

Routledge
22 May 2013

Politics & government; Liberalism & centre democratic ideologies; Constitutional & administrative law

The European and American economies are closely interlinked as mutually important investment and trading partners. The growing intensity of economic interdependence has spurred the transatlantic coordination of rules and standards that can lead to the formation of non-tariff barriers to transatlantic commerce. But despite impressive government-to-government efforts to eliminate market barriers, the E.U. and the U.S. have frequently clashed over each other's regulatory policies. The aim of this book is to explore the domestic sources of cooperation or conflict in transatlantic regulation.

The book analyses the role of domestic factors through three theoretical lenses that are well-established in the study of multilevel systems: the principal-agent approach, the two-level game metaphor, and through a wider concept of institutionalism which emphasises the links between societal interests and regulatory ideas with institutional frameworks. The book states that domestic factors embody more obstacles than opportunities for horizontal coordination. It is argued that transatlantic relations will likely undergo a ‘double movement’ of being simultaneously shifted upwards to become part of the global governance architecture, and downwards towards broader involvement of legislators in regulatory matters. Hence, transatlantic regulation might in the near future be shaped more by political leaders, rent-seeking interest groups and legislators than by networks of technocrats.

This book was published as a special issue of the Review of International Political Economy.

Edited by: Susanne Lütz (Freie Universitat Berlin Germany)
Imprint: Routledge
Country of Publication: United Kingdom
Dimensions: Height: 234mm, Width: 156mm, Spine: 15mm
Weight: 362g
ISBN: 9780415825351
ISBN 10: 0415825350
Pages: 156
Publication Date: 22 May 2013
Audience: Professional and scholarly , General/trade , Undergraduate , ELT Advanced
Format: Hardback
Publisher's Status: Active

Susanne Lütz is Professor for International Political Economy at the Otto-Suhr Institut für Politikwissenschaft at the Freie Universität Berlin, Germany. Her research has centered on comparative political economy with a focus on different fields of market regulation (corporate governance regulation, intellectual property rights) and particularly on the regulation of finance. She is currently studying the IMF-EU collaboration on credit lending in the wake of the current debt crisis.