The US-EU Regulatory Dialogue


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U.S.-EU Cooperation on Regulatory Affairs


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The EU Constitution and U.S.-EU Relations


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The Brussels Effect


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For many observers, the European Union is mired in a deep crisis. Between sluggish growth; political turmoil following a decade of austerity politics; Brexit; and the rise of Asian influence, the EU is seen as a declining power on the world stage. Columbia Law professor Anu Bradford argues the opposite in her important new book The Brussels Effect: the EU remains an influential superpower that shapes the world in its image. By promulgating regulations that shape the international business environment, elevating standards worldwide, and leading to a notable Europeanization of many important aspects of global commerce, the EU has managed to shape policy in areas such as data privacy, consumer health and safety, environmental protection, antitrust, and online hate speech. And in contrast to how superpowers wield their global influence, the Brussels Effect - a phrase first coined by Bradford in 2012- absolves the EU from playing a direct role in imposing standards, as market forces alone are often sufficient as multinational companies voluntarily extend the EU rule to govern their global operations. The Brussels Effect shows how the EU has acquired such power, why multinational companies use EU standards as global standards, and why the EU's role as the world's regulator is likely to outlive its gradual economic decline, extending the EU's influence long into the future.




Perspectives on Corporate Governance


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The events that began with the collapse of Enron, WorldCom, Tyco, and Adelphia and continued into the financial crisis of 2008 teach us an important lesson: corporate governance matters. Although it is widely acknowledged that good corporate governance is a linchpin of good corporate performance, how can one improve corporate governance and its impact on corporate and overall economic performance. This book offers a diverse and forward-looking set of approaches from experts, covering the major areas of corporate governance reform and analyzing the full range of issues and concerns. Written to be both theoretically rigorous and grounded in the real world, the book is well suited for practicing lawyers, managers, lawmakers, and analysts, as well as academics conducting research or teaching a wide range of courses in law schools, business schools, and economics departments.




EU Regulatory Decision Making and the Role of the United States


Book Description

Oliver Ziegler raises the question of what role economic interests of the United States play in the regulatory decision making process of the European Union. Critics often assume that U. S. dominance in the world economy, fueled by a powerful business elite, has significantly affected EU regulations at the expense of environmental and consumer protection standards. The author falsifies this proposition. He shows, first, that the EU often adopts regulations against the explicit opposition of the U. S. thereby ignoring the principles of transatlantic regulatory cooperation. Second, he demonstrates that business interests in the EU are usually not homogenous and often come second to environmental and consumer concerns. In addition, the author shows the increasing role of the European Parliament in EU regulatory decison making.




Transatlantic Regulatory Cooperation


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Contents: (1) Introduction; (2) U.S.- EU Regulatory Barriers; (3) Rationale for Transatlantic Regulatory Cooperation: Economic Rationale; Political Rationale; Counter-arguments; (4) U.S. - EU Differences in Regulatory Approaches: Political Cycles; Values and Public Preferences; Transparency and Rule-Making; Institutional Capacity to Undertake Reforms; (5) Forms of Transatlantic Regulatory Cooperation: Info. Exchanges and Dialogues; Mutual Recognition Agree.; Harmonization/ Agree. on Regulatory Standards; (6) Results of Past Initiatives at Regulatory Cooperation: Highlights of Past Initiatives; Accomplishments; Disappointments; Obstacles and Options for More Extensive Cooperation; (7) Transatlantic Economic Council.




Transatlantic Financial Regulation


Book Description

This book examines cooperation between the US and the EU on financial regulatory reform, notably at the outset and the first three years of the global financial crisis. It discusses the development of US-EU cooperation on financial regulation over the last few decades at several levels, including at heads of state level, markets regulator level and at international level, and progresses with a detailed examination of cooperation at the outset of the financial crisis. It looks at the nature of and motivation for intense US-EU cooperation on coordinating a response to the crisis and presents a compelling argument that a defacto alliance was formed, which served to benefit respective US and EU interests domestically and in the international financial system. Providing a new perspective on financial regulatory reform after the last financial crisis and the relationship of regulatory outcomes to international financial governance, this volume will be of use to researchers interested in transatlantic relations, financial regulation, international relations, global governance, and the European Union, as well as professionals and policymakers working in foreign relations, financial markets, or banking policy.




Poland in Transatlantic Relations after 1989


Book Description

This volume brings together a number of scholars from a variety of disciplines to examine the phenomenon of the transformation of Poland within the context of regional and global power relations, focusing in particular on analyses of the country’s political and social development within the area of transatlantic relations. It provides a distinct view on the current dynamics and future perspectives of the transatlantic alliance. At a time when the story of Poland as the shining example of post-Communist success and European integration has been interrupted, several other leading narratives of the Western world also appear to be in danger: western values cannot be considered to be universal, the message of globalization has lost its power, and the structure of the international order is described in increasingly delusional terms. The study sheds light on features of Poland’s performance on the regional scene and will stimulate discussion about the lessons that may be learned from the Polish experience by other states facing the challenges of transformation. The last 25 years of Polish history represent the unquestioned success of this political concept. Poland has become an independent actor able to take responsibility for its own future, thanks to the favorable configuration of global powers and the support provided by international leaders. Was this merely a historical episode that created an opportunity for one actor? Can this scenario be repeated? Under what conditions?