Oxford University Press's
Academic Insights for the Thinking World

  • Author: Gerald A. McDermott

How to make regulations a common good?

Differences in regulatory norms are increasingly seen as the key barriers to the growth of regional and global markets, and regulatory disputes make up some of the most contentious issues in world politics. Negotiations among the most developed economies of the world about regulatory synchronization have made little progress in the last decade, and nearly all harmonization attempts failed when they had involved economies at lower levels of development.

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