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Full Description
In recent years transnational private regulators have emerged and multiplied. In this book, experts from various academic disciplines offer empirically grounded case studies and theoretical insights into the evolution and resilience of these bodies through crises. Transnational private regulators display considerable flexibility if compared to public institutions both in exercising their rule-making functions and adapting and transforming in light of endogenous or exogenous crises events calling for change. The contributors identify such events and reflect on their impact on transnational private rule-makers. This edited volume covers important areas of global production and finance that are associated with private rule-making and delves into procedural, substantive and practical elements of private rule-making processes. At a policy level, the book provides comparisons among practices of private bodies in various areas, allowing for important lessons to be drawn for all public and private stakeholders active in, or affected by, private and public rule-making. This title is Open Access.
Contents
1. The resilience of private authority in times of crises Panagiotis Delimatsis; 2. Between public and private: heterarchy in an age of intangibles and financialization Philip G. Cerny and Rosalba Belmonte; 3. Corporations and the making of public standards in international law: the case of China in the ITU Jan Wouters; 4. Standard-setting and organizational resilience: the case of the institute of international finance M. Konrad Borowicz; 5. Resilience and change in private standard-setting: the case of LIBOR Pierre-Hugues Verdier; 6. The basel committee in the post-crises international governance of banking regulation: continuity despite weakness Matteo Ortino; 7. Human rights due diligence and evolution of voluntary sustainability standards Enrico Partiti; 8. The politics of collaborative governance in global supply chains: power and pushback in the Bangladesh accord Juliane Reinecke and Jimmy Donaghey; 9. The evolution of a transnational private rule maker: the global food safety initiative and the dynamics of its legitimacy Tetty Havinga and Paul Verbruggen; 10. Organizational responses of transnational private regulators after major accidents: the case of the American petroleum institute and the deep water horizon oil spill Margarita Nieves-Zárate; 11. The accountability response of the global anti-doping regime to the Russian doping scandal and the resilience of transnational private regulation Slobodan Tomic and Rebecca Schmidt; 12. 'Keynesian' Shipping containers? Maritime transnational regulation before the advent of 'Neoliberalism' Daniel R. Quiroga Villamarin; 13. The international organization for standardization - a 75-year journey of dynamic evolution and building organizational resilience in the face of crises Stephanie Bijlmakers; 14. Global rivalry over the leadership in ICT standardization: SDO governance amid changing patterns of participation Justus Baron and Olia Kanevskaia; 15. The international electrotechnical commission: a 115-Year journey of challenges, change and resilience Tim Büthe and Abdel fattah Alshadafan; 16. Epilogue: an evolutionary theory of transnational private regulation: investigating causes and effects of crises Fabrizio Cafaggi.
