Internationalisation and Economic Institutions : Comparing the European Experience

Thatcher, Mark

ISBN 10: 019956731X / ISBN 13: 9780199567317

Published by Oxford University Press, Incorporated, 2009

Former library copy. Pages intact with possible writing/highlighting. Binding strong with minor wear. Dust jackets/supplements may not be included. Includes library markings. Stock photo provided. Product includes identifying sticker. Better World Books: Buy Books. Do Good. Seller Inventory # 56524572-20

Synopsis:

This book examines when, how, and why internationalization affects national economic institutions. It confronts questions at the heart of debates in political economy and comparative politics: What does internationalization of markets mean? Who are its carriers in domestic arenas? Through which mechanisms does it affect decisions about national institutional reform? What are the patterns of institutional outcomes in the face of internationalization? To respond to its questions, the book looks at developments in five strategic sectors: securities trading, telecommunications, electricity, airlines, and postal services. It compares four countries, each representing a different 'variety of capitalism', namely Britain, France, Germany, and Italy, over the period between 1965 and 2005. Thus it combines cross-national, historical, and cross-sectoral comparisons. The author distinguishes technological and economic forms of internationalization from policy forms, namely regulatory change in powerful overseas nations and by the E.U. . He shows that, contrary to expectations, the first made little impact, whereas regulatory reforms by the U.S., Britain, and the E.U., undermined long-standing national institutions. They did so by aiding governments to build and lead reform coalitions, through increasing fears of regulatory competition, offering occasions for reconsideration of existing institutions and providing legitimation for new ones. Whilst the impacts of policy forms of internationalization varied across nations, giving rise to diverse reform paths, the overall institutional outcomes were that all four countries adopted increasingly similar reforms of economic institutions. This book rejects the view that technological and economic forms of internationalization drive institutional change in and of themselves. Instead it shows that policy forms of internationalization are influential because they become part of domestic dec

About the Author: Mark Thatcher is Professor of Comparative and International Politics, Department of Government, London School of Economics and a member of the Centre for the Analysis of Risk and Regulation (CARR), LSE. His research lies in the field of comparative public policy and regulation in Europe. His interests lie in the way that institutions are designed and created, and then the effects of those institutions on the relationships between politics and markets. He has worked on the regulation of telecommunications and other utilities in Britain, France, Germany and Italy, and at the EU level. His is currently studying the regulatory reform in Western Europe and the effects of independent regulatory agencies.

Bibliographic Details

Title: Internationalisation and Economic ...
Publisher: Oxford University Press, Incorporated
Publication Date: 2009
Binding: Soft cover
Condition: Very Good