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How do polycentric governance systems respond to new collective action problems? This Element tackles this question by studying the governance of adaptation to sea level rise in the San Francisco Bay Area of California. Like climate mitigation, climate adaptation has public good characteristics and therefore poses collective action problems of coordination and cooperation. The Element brings together the literature on adaptation planning with the Ecology of Games framework, a theory of polycentricity combining rational choice institutionalism with social network theory, to investigate how policy actors address the collective action problems of climate adaptation: the key barriers to coordination they perceive, the collaborative relationships they form, and their assessment of the quality of the cooperation process in the policy forums they attend. Using both qualitative and quantitative data and analysis, the Element finds that polycentric governance systems can address coordination problems by fostering the emergence of leaders who reduce transaction and information costs. Polycentric systems, however, struggle to address issues of inequality and redistribution.
This comprehensive Companion analyses the relevance of the OECD as a transnational policy maker, idea broker and standard setter. Bringing together diverse disciplines and methodologies, it establishes the influence of the OECD on modern understandings of governance.
Courts, Regulators, and the Scrutiny of Economic Evidence presents the first systematic examination of economic regulation and the crucial role of economic evidence in regulatory authorities and courts. This book brings together strands of scholarship from law, economics, and political science to explore two key themes: the influence of economic evidence on the discretionary assessments of economic regulators, and the limits of judicial review of economic evidence, supplemented with comparative examination of both UK and US systems. In light of the challenges posed by economic evidence, Mantzari argues the appropriate scope of judicial review in the era of regulatory economics, and what the ...
This book focuses on the two intra-regional initiatives created for the development and integration of energy markets: the Energy Community and MedReg. The Energy Community and MedReg, apart from their common strategic role in providing a much-needed stable regulatory environment for energy markets in their respective reference countries, represent examples of a diverse development of regional energy initiatives. The former is initiated by external factors and is an example of a top-down approach, whereas the latter is a voluntary bottom-up initiative of the countries involved. The way the institutional framework is built is not without consequences on the functioning and organization of the...
The increasingly global study of policy processes faces challenges with scholars applying theories in radically different national and cultural contexts. Questions frequently arise about how to conduct policy process research comparatively and among this global community of scholars. Methods of the Policy Process is the first book to remedy this situation, not by establishing an orthodoxy or imposing upon the policy process community a rigid way of conducting research but, instead, by allowing the leading researchers in the different theoretical traditions a space to share the means by which they put their research into action. This edited volume serves as a companion volume and supplemental...
A holistic and extensive exploration of both the dynamic and incremental changes in EU public policy and the decision processes surrounding them, this Elgar Encyclopedia is the definitive reference work in the field of EU public policy.
This Handbook introduces the institutions, organisations and policy processes that make up EU public administration, including those that typically operate beneath the surface, and critically reviews the state of the art in research. Paying close attention to the multi-level nature of EU governance, it is a vital resource for graduate and postgraduate students in the disciplines of European studies, political science and EU law. This title contains one or more Open Access chapters.
Global systemically important banks (G-SIBs) are the largest, most complex and, in the event of their potential failure, most threatening banking institutions in the world. The Global Financial Crisis (GFC) was a turning point for G-SIBs, many of which contributed to the outbreak and severity of this downturn. The unfolding of the GFC also revealed flaws and omissions in the legal framework applying to financial entities. In the context of G-SIBs, it clearly demonstrated that the legal regimes, both in the USA and in the EU, grossly ignored the specific character of these institutions and their systemic importance, complexity, and individualism. As a result of this omission, these megabanks ...
Regulation & Investments in Energy Markets: Solutions for the Mediterranean presents the status of advancement and maturity of the Mediterranean energy policy, identifying patterns of development as well as lessons learned. Mediterranean countries are facing unprecedented challenges in the energy sector which affect the entire region. Energy policy and regulation is the key to tackling energy efficiency challenges, and providing favorable conditions for engineering infrastructures, investments, and improving security of energy supply. The assumption that the normative model, on which the EC energy policy is based, could be adopted outside EU boundaries has proven to be difficult to implement...
This book offers insights into the legal mechanisms that are adopted in multilevel constitutional orders to accommodate the tension between contrasting interests of diversity and unity and the converging or diverging effects they may have on the functioning of a multilevel constitutional order. It does so by targeting mainly the European experience but also drawing insights from other jurisdictions. The volume draws on a well-rounded theoretical framework that allows a comprehensive discussion of the dialectics in multi-level systems.) It focuses on two of the most relevant areas of constitutional law, namely the setup of supranational institutions and the protection of fundamental human rig...