Freer Markets, More Rules : Regulatory Reform in Advanced Industrial Countries / Steven K. Vogel.

Format:

Book

Author/Creator:

Vogel, Steven Kent, author.

Series:

Cornell studies in political economy.

Cornell Studies in Political Economy

Language:

English

Subjects (All):

Trade regulation--Japan--Case studies.

Trade regulation.

Deregulation--Japan--Case studies.

Deregulation.

Trade regulation--Great Britain--Case studies.

Deregulation--Great Britain--Case studies.

Physical Description:

1 online resource (xii, 296 pages) : illustrations.

Place of Publication:

Ithaca, NY : Cornell University Press, [2018]

Language Note:

In English.

Summary:

Over the past fifteen years, the United States, Western Europe, and Japan have transformed the relationship between governments and corporations. The changes are complex and the terms used to describe them often obscure the reality. In Freer Markets, More Rules, Steven K. Vogel dispenses with euphemisms and makes sense of this recent transformation. In defiance of conventional wisdom, Vogel contends that the deregulation revolution of the 1980s and 1990s never happened. The advanced industrial countries moved toward liberalization or freer markets at the same time that they imposed reregulation or more rules. Moreover, the countries involved did not converge in regulatory practice but combined liberalization and reregulation in markedly different ways. The state itself, far more than private interest groups, drove the process of regulatory reform. Thus, the story of deregulation is one rich in paradox: a movement aimed at reducing regulation increased it; a movement propelled by global forces reinforced national differences; and a movement that purported to reduce state power was led by the state itself. Vogel's astute and far-reaching analysis compares deregulation in Britain and Japan, with special attention to the telecommunication and financial services industries. He also considers such important sectors as broadcasting, transportation, and utilities in the United States, France, and Germany.

Contents:

Frontmatter

Contents

Acknowledgments

INTRODUCTION

PART I THE FORCES FOR CHANGE

CHAPTER ONE. Understanding Regulatory Reform

CHAPTER TWO. Why Change the Rules ?

CHAPTER THREE. The United Kingdom and Japan: Two Paths to Regulatory Reform

PART II REGULATORY REFORM IN THE UNITED KINGDOM

CHAPTER FOUR. Telecommunications: The Creation of Competition

CHAPTER FIVE. Financial Services: The Big Bang and the Proliferation of Rules

CHAPTER SIX. Regulatory Reform British Style: The Separation of Regulatory Powers

PART III REGULATORY REFORM IN JAPAN

CHAPTER SEVEN. Telecommunications: Reregulation with a Vengeance

CHAPTER EIGHT. Financial Services: The Ministry of Finance and the Perpetual Bargain

CHAPTER NINE. Regulatory Reform Japanese Style: The Strategy Behind Slowness

PART IV THE POLITICS OF REGULATORY REFORM

CHAPTER TEN. Other Countries: The Many Roads to Reregulation

CHAPTER ELEVEN. The Irony of State-Led Deregulation

References

Index

Notes:

Includes bibliographical references and index.

Description based on online resource; title from PDF title page (publisher's Web site, viewed 20. Sep 2019)

ISBN:

1-5017-1730-8

OCLC:

1080550709