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Book
Reorganizing Government : A Functional and Dimensional Framework
Authors: ---
ISBN: 1479811645 Year: 2019 Publisher: New York, NY : New York University Press,

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Abstract

Presentation de l'editeur : "Regulation is frequently less successful than it could be, largely because the allocation of authority to regulatory institutions, and the relationships between them, are misunderstood. As a result, attempts to create new regulatory programs or mend under-performing ones are often poorly designed. Reorganizing Government explains how past approaches have failed to appreciate the full diversity of alternative approaches to organizing governmental authority. The authors illustrate the often neglected dimensional and functional aspects of inter-jurisdictional relations through in-depth explorations of several diverse case studies involving securities and banking regulation, food safety, pollution control, resource conservation, and terrorism prevention. This volume advances an analytical framework of governmental authority structured along three dimensions--centralization, overlap, and coordination. Camacho and Glicksman demonstrate how differentiating among these dimensions better illuminates the policy tradeoffs of organizational alternatives, and reduces the risk of regulatory failure. The book also explains how differentiating allocations of authority based on governmental function can lead to more effective regulation and governance. The authors illustrate the practical value of this framework for future reorganization efforts through the lens of climate change, an emerging and vital global policy challenge, and propose an "adaptive governance" infrastructure that could allow policy makers to embed the creation, evaluation, and adjustment of the organization of regulatory institutions into the democratic process itself."

Keywords

Authority. --- Federal government --- Delegated legislation --- Interagency coordination --- Decentralization in government --- Administrative agencies --- Law and legislation --- Reorganization. --- United States. --- United States --- Politics and government --- 9/11 Commission. --- Commodity Futures Trading Commission. --- Dodd-Frank Act. --- Endangered Species Act. --- National Environmental Policy Act. --- Office of the Director of National Intelligence. --- Securities and Exchange Commission. --- US Congress. --- adaptive governance. --- administrative state. --- agency jurisdiction. --- banking regulation. --- centralization. --- climate change governance. --- compliance monitoring. --- concurrent jurisdictions. --- coordination. --- decentralization. --- derivatives regulation. --- executive branch. --- federalism. --- food safety regulation. --- functional jurisdiction. --- geoengineering. --- government authority. --- government coordination. --- government organization. --- governmental authority. --- governmental function. --- information distribution. --- information management. --- institutional design. --- intelligence community. --- intelligence failures. --- interagency coordination. --- intergovernmental authority. --- intergovernmental relationships. --- interjurisdictional relations. --- learning infrastructure. --- legislature. --- management authority. --- mitigation. --- overlapping authority. --- overlapping jurisdictions. --- pollution control laws. --- project implementation. --- prudential regulators. --- regulation. --- regulatory allocations. --- regulatory arbitrage. --- regulatory authority. --- regulatory institutions. --- regulatory structures. --- substantive jurisdiction.


Book
Running the world's markets : the governance of financial infrastructure
Author:
ISBN: 9780691133539 0691133530 9786612964565 1400836972 1282964569 9781400836970 Year: 2011 Publisher: Princeton : Princeton University Press,

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The efficiency, safety, and soundness of financial markets depend on the operation of core infrastructure--exchanges, central counter-parties, and central securities depositories. How these institutions are governed critically affects their performance. Yet, despite their importance, there is little certainty, still less a global consensus, about their governance. Running the World's Markets examines how markets are, and should be, run. Utilizing a wide variety of arguments and examples from throughout the world, Ruben Lee identifies and evaluates the similarities and differences between exchanges, central counter-parties, and central securities depositories. Drawing on knowledge and experience from various disciplines, including business, economics, finance, law, politics, and regulation, Lee employs a range of methodologies to tackle different goals. Conceptual analysis is used to examine theoretical issues, survey evidence to describe key aspects of how market infrastructure institutions are governed and regulated globally, and case studies to detail the particular situations and decisions at specific institutions. The combination of these approaches provides a unique and rich foundation for evaluating the complex issues raised. Lee analyzes efficient forms of governance, how regulatory powers should be allocated, and whether regulatory intervention in governance is desirable. He presents guidelines for identifying the optimal governance model for any market infrastructure institution within the context of its specific environment. Running the World's Markets provides a definitive and peerless reference for how to govern and regulate financial markets.

Keywords

International finance --- Finance --- Stock exchanges --- Management. --- AA / International- internationaal --- 333.600 --- Financiële markten. Kapitaalmarkten (algemeenheden). --- Bulls and bears --- Commercial corners --- Corners, Commercial --- Equity markets --- Exchanges, Securities --- Exchanges, Stock --- Securities exchanges --- Stock-exchange --- Stock markets --- Capital market --- Efficient market theory --- Speculation --- Funding --- Funds --- Economics --- Currency question --- Management --- Financiële markten. Kapitaalmarkten (algemeenheden) --- E-books --- Financial management. --- Canadian Depository for Securities. --- Clearstream International. --- Depository Trust and Clearing Corporation. --- Deutsche Brse. --- Euroclear. --- European Central Counterparty Limited. --- Financial Sector Assessment Program. --- Hong Kong Exchanges and Clearing. --- International Council of Securities Associations. --- International Organization of Securities Commissions. --- LCH.Clearnet. --- London International Financial Futures and Options Exchange. --- London Stock Exchange. --- Murakami Fund. --- NASDAQ. --- New York Stock Exchange. --- Osaka Securities Exchange. --- World Federation of Exchanges. --- board composition. --- cash equity markets. --- central counter-parties. --- central counterparties. --- central securities depositories. --- central securities. --- clearing institutions. --- exchanges. --- fair markets. --- financial markets. --- financial regulation. --- governance model. --- governance. --- harmoniztion. --- industry structure. --- infrastructure institutions. --- infrastructure. --- investor protection. --- jurisdiction. --- jurisdictions. --- market infrastructure institutions. --- market infrastructure. --- market power. --- ownership structure. --- profit mandate. --- regulatory authority. --- regulatory intervention. --- regulatory power allocation. --- regulatory powers. --- securities markets. --- settlement entities. --- standardization. --- systemic risk reduction.


Book
The New Global Rulers : The Privatization of Regulation in the World Economy
Authors: ---
ISBN: 0691157979 0691144796 9786613013378 1400838797 1283013371 9781400838790 6613013374 9780691144795 9781283013376 Year: 2011 Publisher: Princeton, NJ : Princeton University Press,

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Over the past two decades, governments have delegated extensive regulatory authority to international private-sector organizations. This internationalization and privatization of rule making has been motivated not only by the economic benefits of common rules for global markets, but also by the realization that government regulators often lack the expertise and resources to deal with increasingly complex and urgent regulatory tasks. The New Global Rulers examines who writes the rules in international private organizations, as well as who wins, who loses--and why. Tim Büthe and Walter Mattli examine three powerful global private regulators: the International Accounting Standards Board, which develops financial reporting rules used by corporations in more than a hundred countries; and the International Organization for Standardization and the International Electrotechnical Commission, which account for 85 percent of all international product standards. Büthe and Mattli offer both a new framework for understanding global private regulation and detailed empirical analyses of such regulation based on multi-country, multi-industry business surveys. They find that global rule making by technical experts is highly political, and that even though rule making has shifted to the international level, domestic institutions remain crucial. Influence in this form of global private governance is not a function of the economic power of states, but of the ability of domestic standard-setters to provide timely information and speak with a single voice. Büthe and Mattli show how domestic institutions' abilities differ, particularly between the two main standardization players, the United States and Europe.

Keywords

Commercial policy --International cooperation. --- Complementarity (International law). --- Foreign trade regulation. --- International finance. --- Standardization --International cooperation. --- Commercial policy --- Foreign trade regulation --- International finance --- Standardization --- Complementarity (International law) --- Commerce --- Business & Economics --- International Commerce --- International cooperation --- -Foreign trade regulation --- -382.3 --- Industrial engineering --- Grading --- Mass production --- Specifications --- Testing --- International monetary system --- International money --- Finance --- International economic relations --- Export and import controls --- Foreign trade control --- Import and export controls --- International trade --- International trade control --- International trade regulation --- Prohibited exports and imports --- Trade regulation --- Foreign trade policy --- International trade policy --- Trade policy --- Economic policy --- Law and legislation --- Government policy --- E-books --- International cooperation. --- Complementarity principle (International law) --- Principle of complementarity (International law) --- Criminal procedure (International law) --- Jurisdiction (International law) --- International criminal courts --- International Accounting Standards Board. --- International Organization for Standardization. --- International Electrotechnical Commission. --- Commission Electrotechnique Internationale --- International organization for standardization --- Organisation internationale de normalisation --- IASB --- Law and globalization --- Privatization --- Denationalization --- Privatisation --- Contracting out --- Corporatization --- Government ownership --- Globalization and law --- Globalization --- Kuo chi piao chun hua tsu chih --- 国际标准化组织 --- Międzynarodowa Organizacja Normalizacyjna --- Organizația Internațională de Standardizare --- Mezinárodní organizace pro normalizaci --- ISO --- ИСО --- I.S.O. --- Mezhdunarodnai︠a︡ organizat︠s︡ii︠a︡ po standartizat︠s︡ii --- Международная организация по стандартизации --- International Standards Association --- International Standards Organization --- Kokusai Hyōjunka Kikō --- 国際標凖化機構 --- Europe. --- Financial Accounting Standards Board. --- Germany. --- United Kingdom. --- United States. --- accounting governance. --- accounting regulation. --- business administration. --- domestic interests. --- domestic standardization. --- economics. --- financial markets. --- financial reporting standards. --- focal rule-making institutions. --- global financial markets. --- global financial reporting. --- global private governance. --- global private regulation. --- global product markets. --- global regulation. --- global regulatory governance. --- global rule-making. --- institutional complementarity theory. --- institutional complementarity. --- institutional fragmentation. --- institutional reform. --- institutional structure. --- intergovernmental organizations. --- international competition. --- international private organizations. --- international product standards. --- international standard-setting. --- international standardization. --- law. --- legitimacy. --- market-based private regulation. --- nonmarket private governance. --- nontariff trade barriers. --- political science. --- power. --- private regulators. --- privatization. --- product markets. --- product regulation. --- product standards. --- public policy. --- public regulatory agencies. --- regulatory authority. --- rule-making institutions. --- rule-making. --- sociology. --- standardization. --- transgovernmental cooperation.

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