Abstract

ABSTRACTThis article examines the processes, outcomes, and prospects for regulatory cooperation in North America based on the activity of the US–Canada Regulatory Cooperation Council. It explores regulatory cooperation as a series of two-level games embedded within broader multilevel governance processes of participating countries. It examines political, economic, and bureaucratic factors contributing to the development and evolution of cross-border and broader international regulatory cooperation and the practical limits of centralized political and regulatory oversight in these processes. Major requirements for success include shared or substantially overlapping national objectives (including those of relevant regulatory agencies), complementary coalitions of domestic interests in each country, and regulators’ capacity to work with (or around) potential veto holders within domestic institutions. Regulatory changes are often filtered and mitigated through national processes of bureaucratic politics and related institutional dynamics. In practice, effective regulatory cooperation depends on regulators’ perspectives of the national interest.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call