Abstract
Abstract Concern with international regulatory competition, or at least its explicit theorization, is relatively recent, although the issues it raises have a much longer history. This is partly because discussion of the regulation of eco nomic relations has also been recently renewed, as privatization and the reduction of direct state intervention in economic activity have brought more sharply into focus the many other ways in which economic trans actions and relations are socially ordered, whether by formal or informal, public or private means. The second main factor is that regulatory regimes have been brought into greater interaction, as the removal of direct barriers to the flows of goods and money between states (tariffs/quotas and exchange controls) has shifted attention towards regulatory difference as a barrier to entry of commodities or capital.
Published Version
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