Regulatory Crisis

Negotiating the Consequences of Risk, Disasters and Crises

Nonfiction, Social & Cultural Studies, Political Science, International, Foreign Legal Systems
Cover of the book Regulatory Crisis by Sally Lloyd-Bostock, Bridget M. Hutter, Cambridge University Press
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Author: Sally Lloyd-Bostock, Bridget M. Hutter ISBN: 9781316850619
Publisher: Cambridge University Press Publication: May 11, 2017
Imprint: Cambridge University Press Language: English
Author: Sally Lloyd-Bostock, Bridget M. Hutter
ISBN: 9781316850619
Publisher: Cambridge University Press
Publication: May 11, 2017
Imprint: Cambridge University Press
Language: English

Using a new concept - 'regulatory crisis' - this book examines how major crises may or may not affect regulation. The authors provide a detailed analysis of selected well-known disasters, tracing multiple interwoven sources of influence and competing narratives shaping crises and their impact. Their findings challenge currently influential ideas about 'regulatory failure', 'risk society' and the process of learning from disasters. They argue that interpretations of and responses to disasters and crises are fluid, socially constructed, and open to multiple influences. Official sense-making can be too readily taken at face value. Failure to manage risks may not be central or even necessary for a regulatory crisis to emerge from a disaster; and the impacts for the regulator can take on a life detached from the precipitating disaster or crisis.

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Using a new concept - 'regulatory crisis' - this book examines how major crises may or may not affect regulation. The authors provide a detailed analysis of selected well-known disasters, tracing multiple interwoven sources of influence and competing narratives shaping crises and their impact. Their findings challenge currently influential ideas about 'regulatory failure', 'risk society' and the process of learning from disasters. They argue that interpretations of and responses to disasters and crises are fluid, socially constructed, and open to multiple influences. Official sense-making can be too readily taken at face value. Failure to manage risks may not be central or even necessary for a regulatory crisis to emerge from a disaster; and the impacts for the regulator can take on a life detached from the precipitating disaster or crisis.

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