Regulatory Agencies, the State and Markets: A Franco-British Comparison

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dc.contributor.author THATCHER, Mark
dc.date.accessioned 2007-05-22T07:26:59Z
dc.date.available 2007-05-22T07:26:59Z
dc.date.issued 2007
dc.identifier.issn 1028-3625
dc.identifier.uri http://hdl.handle.net/1814/6836
dc.description.abstract The article examines whether and how independent regulatory agencies (IRAs) have altered the strategies, relationships and power of French policy makers in markets and whether they led to convergence with Britain in state-market relations. It relates these questions to broader debates about the extent to which previous policy-making systems have been transformed, whether Europe has one regulatory state or several, whether France has become a form of ‘liberal market economy’ and the power of the state after reform of markets. It argues that although, as in Britain, France has established IRAs with responsibilities for ensuring competition in key economic domains, French state strategies remained very different from British ones and markets operate very differently in the two countries. Moreover, the break with the past has been limited: public policy makers continue to have significant capacities to mould markets and delegation to IRAs has often reinforced the power of existing elites and aided the adaptation of traditional French industrial strategies to new conditions. Thus even if France has adopted the formal institutions of competitive markets, it has not converged with a liberal market economy such as Britain in terms of strategies and behaviour. State forms and instruments may have altered, but an activist French industrial policy is alive and well. en
dc.format.extent 143641 bytes
dc.format.mimetype application/pdf
dc.language.iso en en
dc.relation.ispartofseries EUI RSCAS en
dc.relation.ispartofseries 2007/17 en
dc.relation.ispartofseries Florence School of Regulation en
dc.subject Regulation en
dc.subject Independent regulatory agencies en
dc.subject Electricity en
dc.subject 3G mobiles en
dc.title Regulatory Agencies, the State and Markets: A Franco-British Comparison en
dc.type Working Paper en
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