Regulatory Competition and Economic Integration: Comparative Perspectives by Daniel C. EstyRegulatory Competition and Economic Integration: Comparative Perspectives by Daniel C. Esty

Regulatory Competition and Economic Integration: Comparative Perspectives

EditorDaniel C. Esty, Damien Geradin

Hardcover | October 1, 2000

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Regulatory Competition and Economic Integration addresses one of the hottest policy questions on both sides of the Atlantic: at what level of government should regulation be undertaken? Whether called 'federalism' or 'subsidiarity', the struggle between those who wish to centralizegovernmental functions and those who seek to decentralize them looms large. Esty and Geradin bring together top-notch scholars from both Europe and the United States to examine the various aspects of the debate between 'harmonization' and 'regulatory competition' across three comparativedimensions: first, across regulatory areas (environment, banking, corporate law, labor, tax and antitrust); second, across models of economic integration (from highly integrated systems, such as the United States or the European Union, to loosely integrated regimes, such as the WTO); and third,across disciplinary perspectives (law, economics, business, political science). The book provides a sharp focus on the circumstances that would yield gains from regulatory competition and to contrast those cases where heightened co-operation in standard setting or broader regulatory harmonizationmight increase social welfare.
Daniel C. Esty is Associate Dean of the Yale School of Forestry and Environmental Studies and Clinical professor of Law at Yale Law School Damien Geradin is Associate Professor of Law at the University of Liege and Professor of Law at the College of Europe, Bruges
Title:Regulatory Competition and Economic Integration: Comparative PerspectivesFormat:HardcoverPublished:October 1, 2000Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0198299052

ISBN - 13:9780198299059

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Table of Contents

I. Introduction to Regulatory Competition Theory1. Richard Revesz: Federalism and Regulation: Some Generalizations2. Daniel C.Esty and Damien Geradin: Regulatory Co-OpetitionII. Regulatory Competition Theory in the US System3. Daniel Shaviro: Some Observations Concerning Multi-jurisdictional Tax Competition4. Lucian Arye Bebchuk and Allen Ferrell: Federalism and Takeover Law: The Race to Protect Managers From Takeovers5. Jonathan R. Macey: Regulatory Competition in the US Federal System: Banking and Financial Services6. Mark Barenberg: Labor Federalism in the United States: Lessons for Coordinated Decentralization in Supranational Regimes7. Kirsten Engel and Susan Rose-Ackerman: Environmental Federalism in the United States: The Risks of DevolutionIII. Regulatory Competition Theory in the EU Context8. William Bratton and Joseph McCahery: Fiscal Federalism, Jurisdictional Competition and Tax Coordination: Translating Theory to Policy in the European Union9. Simon Deakin: Regulatory Competition versus Harmonization in European Company Law10. Gerard Hertig: Regulatory Competition in the EU System: Banking and Financial Services11. Brian Bercusson: Regulatory Competition in the EU System: Labor12. Michael Faure: Regulatory Competition vs. Harmonization in EU Environmental LawIV. Regulatory Competition at the Global Scale13. Joel P. Trachtman: Regulatory Competition and Regulatory Jurisdiction in International Securities Regulation14. David Charny: Regulatory Competition and the Global Coordination of Labor Standards15. David Vogel: Environmental Regulation and Economic Integration16. Eleanor M. Fox: Antitrust Law on a Global Scale: Races Up, Down, and Sideways17. Inge Govaere and Paul Demaret: The TRIPS Agreement: A Response to Global Regulatory Competition or an Exercise in Global Regulatory Coercion?

Editorial Reviews

`The integration of markets has created a policy dilemma, whether to harmonize regulatory systems or rather to permit competition between them. This volume contains an excellent survey of the key issues written by an impressive team of experts from both sides of the Atlantic.'Anthony Ogus