Managing regulation : regulatory analysis, politics and policy / Martin Lodge and Kai Wegrich.

Format:

Book

Author/Creator:

Lodge, Martin, 1972-

Contributor:

Wegrich, Kai.

Series:

Public management and leadership series

Language:

English

Subjects (All):

Public administration.

Administrative procedure.

Physical Description:

x, 276 pages : illustrations ; 24 cm.

Place of Publication:

Houndmills, Basingstoke, Hampshire ; New York : Palgrave Macmillan, 2012.

Summary:

Regulation has become a central aspect of contemporary governance as a result of public management reforms over recent decades. Yet, for all its ubiquity, the ideas of regulation have become increasingly contested. Key failures in the regulation of areas such as financial markets, nuclear power and food safety have revealed limitations in strategies which were once praised as offering superior problem-solving solutions.

This major new text introduces the issues that affect the design and operation of regulatory regimes, and assesses the different regulatory strategies that can be used to deal with real-world challenges In doing so, it examines the most important areas in regulatory policy and reform, including rule-making and enforcement, better regulation, infrastructure regulation, international regulation and risk regulation.

Throughout the book, Martin Lodge and Kai Wegrich discuss a range of hypothetical and real-world examples to illustrate key issues, options and trade-offs, and to encourage readers to think critically and creatively about the regulatory options which are available. Drawing on the most up-to-date research, this text provides a clear and useful toolkit for thinking analytically about regulation. Book jacket.

Contents:

Why is regulation on the agenda now? 2

Why a focus on regulatory analysis? 6

Looking at Amnesia's regulatory problems 9

Overview 10

1 What is Regulation? 12

What is a regulatory burden? 12

Who regulates? 16

Why regulate? 18

Conclusion 25

2 Theories of Regulation 27

Four responses 27

Position 1: Regulation as a product of capture and interest group politics 29

Position 2: Regulation as a product of unintended consequences and inevitable 'wear-out' 33

Position 3: Regulation as a product of dominant ideas and worldviews 36

Position 4: Regulation as a product of institutional design 39

Conclusion 46

3 Standard-setting 47

Standard-setting: searching for good regulation 47

Alternative regulatory dogs' dinners? 55

Rules versus principles 60

Technology-, performance- and management-based standards 63

Conclusion 69

4 Enforcement 71

What is enforcement? 71

Core questions 73

Deterrence versus persuasion 76

Developing mixed strategies 80

Amnesian food safety 91

Conclusion: no, we can't? 93

5 Alternatives to Classical Regulation 96

Classical regulation and its limitations 96

Variants of classical regulation 100

Variants of self-regulation 102

Marked-based alternatives 106

Architecture and nudging 112

A la carte regulation? 116

Conclusion 119

6 Regulation Inside Government 120

What is regulation inside government? 120

The problem with regulation inside government 123

The public management of regulation inside government 126

Going inside: limits of competing control strategies 129

Conclusion: 'don't go to jail' cards in regulation inside government 135

7 International Regulation 137

Why have international regulation? 137

Variations in international regulatory regimes 143

Regime choice and design of control 149

Varieties in international regulatory regimes 155

8 Regulating Infrastructure Industries 156

What is so special about infrastructure industries? 156

Industry structure 160

Regulatory agencies 169

Amnesia's choices 173

Conclusion 175

9 Concessions and Franchising 178

Introduction 178

Why have franchises? 179

How to allocate franchises 182

Monitoring, enforcing and terminating franchises 186

Frenezia's choices 189

Conclusion 190

10 Better Regulation 192

What is 'better regulation'? 192

Putting 'better regulation' tools to work 195

Tool combinations and interaction 211

Governing 'better regulation' 214

Conclusion 219

11 Risk and Regulation 221

Introduction 221

Choices in risk regulation regimes 227

Risk regulation: managing risk assessment and management 231

Conclusion: regulating risks 237

12 What is Good Regulation? 239

Introduction 239

Orthodox answers - and questions 240

Contested routes towards good regulation 246

Regulatory state deficits and debates 248

The value of regulatory analysis 251.

Notes:

Includes bibliographical references (pages 254-272) and index.

ISBN:

9780230298804

023029880X

OCLC:

785864362