Abstract and Keywords
There is nothing new about the insight that the regulation of economic and social life in a country can be profoundly affected by policies decided and implemented outside of the borders of that country. For instance, the preamble of the constitution of the International Labour Organisation, approved in 1919 as part of the Peace Treaty of Versailles, expressed clearly the implications of what later came to be known as regulatory competition. But the academic and public debates about economic, environmental, and cultural globalisation that burgeoned since the end of the Cold War have strengthened the interest in the question of the relative weight of ‘global’ and ‘local’ influences on regulatory policies. This article addresses some of the most intensely debated questions about the global factors that may be relevant to regulation, with a focus on how these questions have been asked and answered by political scientists.
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