Constructing a European Market: Standards, Regulation, and Governance
Language: English
Published by Oxford University Press, 2001
- Hardcover
- Used
Seller: Devils in the Detail Ltd, Oxford, United KingdomDevils in the Detail Ltd
AbeBooks seller since June 5, 2013
Condition: Used - Very good
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Picture Shown is For Illustration Purposes Only, Please See Below For Further DetailsCONDITION ? VERY GOOD ? HARDBACK - light wear and scuff marks to boards, pages in nice condition, shipped from the UK.
Seller Inventory # 059/AN/680H 4058
- Title
- Constructing a European Market: Standards, Regulation, and Governance
- Author
- Michelle Egan
- Publisher
- Oxford University Press
- Publication year
- 2001
- Condition
- Very Good
- Binding
- Hardcover
- Language
- English
- ISBN 10
- 0199244057
- ISBN 13
- 9780199244058
Although markets are absolutely dependent on public authority, the institutional innovation of the EU has been to use the private sector in an ancillary role to the state. By delegating responsibility to set standards for market access, the EU has chosen to draw on the resources of private actors, resulting in a system of governance that is a distinctive, hybrid model of regulation composed of state and non-state actors. Though the "outsourcing" of public sector regulatory activity was expected to be more effective than the process of regulatory harmonization, progress has been difficult. The current deficit in setting standards for European-wide market access raises concerns about the efficiency and effectiveness of such a regulatory regime. Egan provides a detailed evaluation of that process, highlighting regulatory gaps in the single market and the need to focus not only on the process of market integration, but also its outcome and impact on European business.
Comparisons with American efforts to create a national market are made throughout to demonstrate the difficulties of constructing and maintaining a single market. American and European efforts to devise a uniform market for commerce and trade have involved both public and private authorities, though with different degrees of coordination and centralization, as many of the strategies undertaken by the EU echo earlier American market-building efforts.
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Devils in the Detail Ltd
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