International Harmonization of Economic Regulation
Junji Nakagawa
Abstract
International harmonization of economic regulation is an attempt to eliminate, or at least reduce, regulatory diversity in economic policy areas where states have autonomous regulatory jurisdiction. In some regulatory areas, its history dates back to the late 19th century, but harmonization efforts have accelerated and intensified particularly since the 1980s. This book is a first attempt to comprehend the phenomenon of international harmonization of economic regulation in its entirety by analyzing its causes and backgrounds as well as negotiating processes involved in a broad range of areas, ... More
International harmonization of economic regulation is an attempt to eliminate, or at least reduce, regulatory diversity in economic policy areas where states have autonomous regulatory jurisdiction. In some regulatory areas, its history dates back to the late 19th century, but harmonization efforts have accelerated and intensified particularly since the 1980s. This book is a first attempt to comprehend the phenomenon of international harmonization of economic regulation in its entirety by analyzing its causes and backgrounds as well as negotiating processes involved in a broad range of areas, and by elucidating the impact of harmonization on domestic laws and global economic governance. Through its analysis, this book emphasizes the existence of dynamic regulatory structures and processes of global economic governance consisting of different actors (notably, international harmonizing bodies, states and the private sector) and the interconnectedness of international rule-making and domestic implementation. It also highlights non-legislative (soft law) and non‐juridical aspects (collegial implementation) of the drafting and implementation of harmonized regulation. It thus provides new empirical and theoretical perspectives for understanding international economic law and global economic governance. This book will be of interest to scholars and students of international economic law and international relations, as well as government officials and corporate lawyers dealing with economic regulation in a wide range of areas.
Keywords:
regulatory harmonization,
regulatory co-operation and competition,
soft law,
WTO,
standardization,
mutual recognition,
labour standards,
competition law and policy,
financial regulation,
money laundering
Bibliographic Information
| Print publication date: 2011 |
Print ISBN-13: 9780199604661 |
| Published to Oxford Scholarship Online: January 2012 |
DOI:10.1093/acprof:oso/9780199604661.001.0001 |
Authors
Affiliations are at time of print publication.
Junji Nakagawa, author
Professor of International Economic Law, Institute of Social Science, University of Tokyo
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