Freer Markets, More Rules
Regulatory Reform in Advanced Industrial Countries 1st New edition
By (author) Steven K. Vogel
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Freer Markets, More Rules by Steven K. Vogel
Book DescriptionOver 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.
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Book DetailsISBN: 9780801485343
(235mm x 156mm x 5mm)
Imprint: Cornell University Press
Publisher: Cornell University Press
Publish Date: 9-Apr-1998
Country of Publication: United States
Books By Author Steven K. Vogel
Political Economy Reader, Hardback (November 2007)
Includes writings on political economy. Arguing that markets should be viewed as institutions that are deeply embedded in politics and society, this work combines a theoretical approach to understanding capitalism with analyses of real-world market systems around the world.
Japan Remodeled, Paperback (December 2006)
As the Japanese economy languished in the 1990s Japanese government officials, business executives, and opinion leaders concluded that their economic model had gone terribly wrong. They questioned the very institutions that had been credited with...
U.S.-Japan Relations in a Changing World, Paperback (May 2002)» View all books by Steven K. Vogel
September 2001 marked the fiftieth anniversary of the signing of the San Francisco Treaty, formally ending the Second World War. In signing this treaty, Japan fundamentally transformed its position on the world stage.
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