Regulation by way of private and non-private businesses might be hijacked through particular pursuits or small teams of strong corporations, and nowhere is that this more straightforward than on the international point. In whose curiosity is the worldwide economic system being regulated? less than what stipulations can worldwide rules be made to serve broader pursuits? this is often the 1st e-book to ascertain systematically how and why such hijacking or "regulatory trap" occurs, and the way it may be averted.

Walter Mattli and Ngaire Woods compile top specialists to give an analytical framework to give an explanation for regulatory results on the worldwide point and supply a chain of case stories that illustrate the demanding situations of a world economic system during which many associations are much less obvious and are held less dependable by way of the media and public officers than are family associations. They clarify whilst and the way international legislation falls prey to regulatory catch, but additionally make clear the optimistic regulatory adjustments that experience happened in parts together with human rights, transport protection, and international finance. This booklet is a warning call to proponents of community governance, self-regulation, and the view that technocrats will be left to control with as little oversight as possible.

as well as the editors, the participants are Kenneth W. Abbott, Samuel Barrows, Judith L. Goldstein, Eric Helleiner, Miles Kahler, David A. Lake, Kathryn Sikkink, Duncan Snidal, Richard H. Steinberg, and David Vogel.

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