This article introduces the special issue by presenting a framework for the study of regulatory politics using the analytical tools and approaches of comparative political economy. Having traced the evolution of studies on regulation, it argues that scholars should pay more attention to the systemic features affecting regulation and to the relationship between regulatory policies and their outcomes. The article presents the foundations of an analytical framework based on the “regulatory policy process,” a comprehensive approach that links inputs, outputs, and outcomes. The review of the contributions to this special issue shows that regulatory regimes can be better understood by placing them within the broader political economy of a state or region. A renewed focus on regulatory outcomes can help foresee what one should expect from the impact of a certain regulatory regime on a political-economic system.
Bibliographical noteFunding Information:
This special issue is the outcome of a project begun as a workshop held at the 2017 ECPR Joint Sessions of Workshop in Nottingham. We thank all the workshop participants, whose intellectual input was crucial for the development of the special issue's analytical framework. We are also grateful to the editors of Governance for their valuable feedback during the process. David Levi‐Faur's participation in this project was supported by Israel Science Foundation grants 1029/2015 and 324/2018.
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