Leveling the Playing Field : Transnational Regulatory Integration and Development - Gerald A. McDermott

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Leveling the Playing Field

Transnational Regulatory Integration and Development

By: Gerald A. McDermott (Editor), Laszlo Bruszt (Editor)

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Paperback | 15 February 2016

At a Glance

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384 Pages

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15.8 x 23.5 x 2.4

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Emerging market countries are currently facing a dual challenge. How do countries incorporate transnational regulations into their societies, while building their own versions of regulatory capitalism? This raises a multitude questions and challenges.

Will the diffusion of international public and private regulations of developed countries, benefit a few and marginalize less developed countries? Or, can these regulations foster transnational public-private experiments to improve local regulatory capacities and social conditions? What kinds of strategies might facilitate or impede both transnational regulatory integration and local institutional upgrading?

This book offers a fresh perspective in reconciling the seemingly incompatible goals of transnational integration and development. It offers a new analytical framework and a set of case studies that help forge a comparative analysis of integration and development. It offers both the identification of the mechanisms that can foster lasting transnational integration settlements and broad based domestic institutional and economic upgrading.

This multidisciplinary study draws on current research from many leading scholars. They analyse issues in a variety of regions around the world and in industries and domains ranging from food safety, manufacturing, telecommunications, finance, as well as labour and environmental rights. The chapters reveal concrete lessons for scholars and practitioners alike, around the different roles and strategies that governments, the multilaterals, firms, and NGOs can take, to facilitate the integration of international standards, improve domestic institutions, and expand the benefits to a great variety of local groups.

Industry Reviews

"Leveling the Playing Field is a wonderfully rich and engaging book that brings politics back into discussions of transnational regulation. By showing how efforts to diffuse transnational regulations across different geographies and policy arenas must navigate and are ultimately shaped by different political cleavages/struggles both within and across different national political economies, this book provides students of comparative political economy and development with a rich set of cases that shed light of the contested nature of these processes. [continued below]"

"The combination of rich case studies and accessible theoretical framing allows readers to understand how the details of the individual cases aggregate into distinct patterns/strategies/trajectories of regulatory harmonization, with very different developmental consequences. This volume will serve as a handbook for scholars of transnational regulation for years to come."
Richard M. Locke, Howard R. Swearer Director of the Watson Institute, Brown University

"This book is a welcome addition to the rich literature on transnational regulatory governance. Its focus on emerging market countries and the challenges they face when balancing national development and transnational regulatory integration is highly novel and original. Served by a great cast of contributors and masterly coordinated by the editors, this collection is not only a must read, it also happens to be extremely interesting!"
Marie Laure Djelic, Professor ESSEC Business School

"In Leveling the Playing Field, Bruszt and Mcdermott have put together an interesting and very relevant book dealing with the problems of development in a rapidly globalizing world. The authors of the individual chapters explore the issues raised at the intersection of transnational regulatory integration and national development in a range of regions across a number of industries. This book should be valuable reading for anyone interested in the problems of national development in an increasingly integrated global economy."
Stephen J. Kobrin, William Wurster Professor Emeritus, The Wharton School, University of Pennsylvania

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