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Paperback Freer Markets, More Rules Book

ISBN: 0801485347

ISBN13: 9780801485343

Freer Markets, More Rules

(Part of the Cornell Studies in Political Economy Series)

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Book Overview

Over 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...

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Excellent analysis of the new era of regulation.

Vogel tackles the paradox that, as the neo-liberal revolution sweeps through world markets, new forms of regulation are called for to avoid the excesses of unfettered global competition.He draws his empirical evidence primarily from the UK (a key country) and Japan (which is still resisting full liberalization) - while also focussing on the telecoms and financial services sectors.He has a chapter analysing developments in all the other key economies.Although it would have been good if he could have given developments in the USA as much space as he gives the UK and Japan, there is enough material in this rich book to satisfy anyone interested in the relationship between economic liberalization and new regulatory needs.
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