(P38) Varieties of Regulatory Capitalism: The Role of Institutions of Political Economy in Explaining Variance in Regulation between States
Yair Osheroff, PhD Candidate & Fellow Researcher, The Hebrew University of Jerusalem and the Berlin Center of Social Science
With accordance to the growing public and scholarly interest in Regulatory Governance, our understanding of regulation has advanced greatly and became more nuanced than ever – we comprehend complex regulatory regimes and map articulately the expansive and diverse world of regulatory techniques. Nevertheless, we have yet made similar progress with regard to broader contexts regulation sets within
This panel addresses such context by following the eminent framework of Varieties of Capitalism (Hall and Soskice, 2001), with consideration to adjustments made to this framework in the field of regulatory governance (David Levi Faur 2006). The framework focuses on institutions of political-economy in the state level that may explain regulation, and sheds light on factors that explain variance in the application of regulation between states. Accordingly, we suggest the panel to introduce and discuss works that attend to the institutional settings that are in the background of a regulatory regime, while taking a comparative approach to understand variance in its application between different states.
Employing this framework to understand regulatory governance may allow us to appreciate regulation as part of broader trends in today’s political economy, as well as to perceive regulation more than a mere policy, but as a social and political phenomenon. The emphasis this framework puts on the nation state would also advance our understanding of the role of the state in regulation, in line with similar efforts to “bring the state back in” to the political research. Finally, we believe that understanding regulation in this broad context is essential to the understanding of regulation in the even broader global context.
We suggest the panel to follow the traditional approach with 3-4 papers, with each of the participants taking part also as a discussant for one of the papers presented in the panel.