EAN: 9780230298804

MANAGING REGULATION - MARTIN LODGE KAI WEGRICH ...

Regulation has become a central aspect of contemporary governance as a result of public
management reforms over recent decades. Yet  for all its ubiquity  the ideas of regulation have
become increasingly contested. Key failures in the regulation of areas such as financial
markets  nuclear power and food safety have revealed limitations in strategies which were once
praised as offering superior problem-solving solutions.This major new text introduces the
issues which affect the design and operation of regulatory regimes  and assesses the different
regulatory strategies which can be used to deal with real-world challenges. In doing so  it
examines the most important areas in regulatory policy and reform  including rule-making and
enforcement  better regulation  infrastructure regulation  international regulation and risk
regulation. Throughout the book  Martin Lodge and Kai Wegrich discuss a range of hypothetical
and real-world examples to illustrate key issues  options and trade-offs  and to encourage
readers to think critically and creatively about the regulatory options which are available.
Drawing on the most up-to-date research  this text provides a clear and useful toolkit for
thinking analytically about regulation.

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