The New Global Rulers

The Privatization of Regulation in the World Economy

Business & Finance, Economics, International, Nonfiction, Social & Cultural Studies, Political Science
Cover of the book The New Global Rulers by Tim Büthe, Walter Mattli, Princeton University Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Tim Büthe, Walter Mattli ISBN: 9781400838790
Publisher: Princeton University Press Publication: February 28, 2011
Imprint: Princeton University Press Language: English
Author: Tim Büthe, Walter Mattli
ISBN: 9781400838790
Publisher: Princeton University Press
Publication: February 28, 2011
Imprint: Princeton University Press
Language: English

Over the past two decades, governments have delegated extensive regulatory authority to international private-sector organizations. This internationalization and privatization of rule making has been motivated not only by the economic benefits of common rules for global markets, but also by the realization that government regulators often lack the expertise and resources to deal with increasingly complex and urgent regulatory tasks. The New Global Rulers examines who writes the rules in international private organizations, as well as who wins, who loses--and why.

Tim Büthe and Walter Mattli examine three powerful global private regulators: the International Accounting Standards Board, which develops financial reporting rules used by corporations in more than a hundred countries; and the International Organization for Standardization and the International Electrotechnical Commission, which account for 85 percent of all international product standards. Büthe and Mattli offer both a new framework for understanding global private regulation and detailed empirical analyses of such regulation based on multi-country, multi-industry business surveys. They find that global rule making by technical experts is highly political, and that even though rule making has shifted to the international level, domestic institutions remain crucial. Influence in this form of global private governance is not a function of the economic power of states, but of the ability of domestic standard-setters to provide timely information and speak with a single voice. Büthe and Mattli show how domestic institutions' abilities differ, particularly between the two main standardization players, the United States and Europe.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Over the past two decades, governments have delegated extensive regulatory authority to international private-sector organizations. This internationalization and privatization of rule making has been motivated not only by the economic benefits of common rules for global markets, but also by the realization that government regulators often lack the expertise and resources to deal with increasingly complex and urgent regulatory tasks. The New Global Rulers examines who writes the rules in international private organizations, as well as who wins, who loses--and why.

Tim Büthe and Walter Mattli examine three powerful global private regulators: the International Accounting Standards Board, which develops financial reporting rules used by corporations in more than a hundred countries; and the International Organization for Standardization and the International Electrotechnical Commission, which account for 85 percent of all international product standards. Büthe and Mattli offer both a new framework for understanding global private regulation and detailed empirical analyses of such regulation based on multi-country, multi-industry business surveys. They find that global rule making by technical experts is highly political, and that even though rule making has shifted to the international level, domestic institutions remain crucial. Influence in this form of global private governance is not a function of the economic power of states, but of the ability of domestic standard-setters to provide timely information and speak with a single voice. Büthe and Mattli show how domestic institutions' abilities differ, particularly between the two main standardization players, the United States and Europe.

More books from Princeton University Press

Cover of the book Presidential Leadership and the Creation of the American Era by Tim Büthe, Walter Mattli
Cover of the book Women at the Beginning by Tim Büthe, Walter Mattli
Cover of the book The Transformation of the World by Tim Büthe, Walter Mattli
Cover of the book Cross and Scepter by Tim Büthe, Walter Mattli
Cover of the book The Altruism Equation by Tim Büthe, Walter Mattli
Cover of the book How Old Is the Universe? by Tim Büthe, Walter Mattli
Cover of the book Creating the National Pastime by Tim Büthe, Walter Mattli
Cover of the book Alice's Adventures in Wonderland by Tim Büthe, Walter Mattli
Cover of the book The Makings of Indonesian Islam by Tim Büthe, Walter Mattli
Cover of the book Between Slavery and Capitalism by Tim Büthe, Walter Mattli
Cover of the book The Princeton Encyclopedia of the World Economy. (Two volume set) by Tim Büthe, Walter Mattli
Cover of the book Why Wilson Matters by Tim Büthe, Walter Mattli
Cover of the book Jewish Questions by Tim Büthe, Walter Mattli
Cover of the book Against Massacre by Tim Büthe, Walter Mattli
Cover of the book Emergency Politics by Tim Büthe, Walter Mattli
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy