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Regulations and enforcement decisions that at first appear to have only a domestic impact can have substantial spillover effects on other nations' economies. Experience has shown time and again that there is no reason to expect that these effects are confined to jurisdictions at the same level of development. Governments on both sides of the Atlantic recognize this, yet their responses in many policy areas are not aligned sometimes deliberately so. This creates a complex regulatory landscape that appears to be the product of both cooperation and competition, and which can only be fully understood by looking through a number of disciplinary lenses. Drawing on some of the best legal, economic and political science expertise from both sides of the Atlantic, as well as on the knowledge of officials and private practitioners with experience in both industrialized and developing countries, this timely book assesses the systemic, global implications of transatlantic regulatory cooperation and competition. Insights from thematic papers are integrated with those from sector-specific analyses, and a rich set of implications for policymakers, business and civil society is offered.
List of contents
Condemned to Cooperate? The Ends and Means of the Latest Transatlantic Commercial Initiative and Its Relationship to the WTO (S J Evenett & R M Stern); Transatlantic Regulatory Cooperation and Competition: The US View (J Sanford); The Political Economy of Transatlantic Regulatory Cooperation and Competition: A (Unofficial) View from Europe (A Sapir); How Hard and Soft Law Interact in International Regulatory Governance: Alternatives, Complements and Antagonists (G C Shaffer & M A Pollock); Developing Country Acceptance of Industrial Country Regulatory Norms (B M Hoekman & A Nicita); Transatlantic Trade, the Automotive Sector: The Role of Regulation in a Global Industry, Where We Have Been and Where We Need to Go, How Far Can EU-US Cooperation Go Toward Achieving Regulatory Harmonization? (V H Wilber & P T Eichbrecht); Antitrust/Competition Policy: What Balance of Cooperation and Regulatory Competition in the Transatlantic Context? (R D Anderson); Transatlantic Regulatory Cooperation on Chemicals - An Idealist's Dream? (R Quick); Transatlantic Regulatory Cooperation on Accounting Standards: A Varieties of CapitalismA" Perspective (A Nolke); Transatlantic Regulatory Competition and Cooperation in Pharmaceuticals (K E Maskus & Y He).
