not offered in 2012/2013
We are said to live in the age of the regulatory state, in which states provide few services directly, but control service delivery and markets by using regulation as the main policy tool. However, the financial crisis has called many orthodoxies of the regulatory state into question and it is unclear what the regulatory state in the 21st century will look like. Against this background, this seminar introduces key analytical concepts of regulation and explores contested issues of regulatory reform, such as privatisation vs. nationalisation and state regulation vs. self-regulation. Drawing on a range of cases, we will explore how different jurisdictions have responded to regulatory failures in regulatory domains such as transport, infrastructure provision, and food safety. What kind of regulatory orthodoxies have been challenged? What are the innovative regulatory tools that have been developed in response to such
challenges? Participants will develop mini scenarios on the future of the regulatory state to discuss these issues in a creative way.