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Transgovernmental Networks as Regulatory Intermediaries

Horizontal Collaboration and the Realities of Soft Power

Dados Bibliográficos

ID5741865
AutoresJacint Jordana (0000-0003-2700-6747, Universitat Pompeu Fabra, autor correspondente)
Ano2017
Volume670
Fascículo1
Páginas245-262
Data de publicação2017-03-01
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoThe Annals of the American Academy of Political and Social Science (JOURNAL)
Identificadores do periódicoISSN: 0002-7162 • E-ISSN: 1552-3349
EditoraSAGE Publications Inc (PUBLISHER)
DOI10.1177/0002716217694591
OpenAlexW2596181284
IdiomaEN
Citações recebidas22
Referências citadas41

This article explores and elucidates the activities of transnational networks as regulatory intermediaries. Specifically, I examine their role in the regulation of banks, as far as they facilitate exchanges between global regulators (GRs)-such as the Basel Committee on Banking Supervision or the Financial Stability Board-and local regulators (LRs), such as national regulatory agencies or legislatures. I find that transgovernmental network intermediaries produce benefits both for GRs, which employ them to disseminate their rules; and for LRs, which use them to obtain influence, advice, and information. Networks promote collaborative intermediation horizontally, without compromising sovereignty, and require only soft organizational structures with low operational costs. Network intermediation is a key ingredient in facilitating local regulatory activities and in providing tools and cognitive resources to LRs. Network intermediaries blur the global-local boundary, however, as some of their members operate as LRs and simultaneously participate directly in GRs

Business · Economics · Financial intermediary · Financial system · Industrial organization · Intermediary · Intermediation · Legislature · Market economy · Political science · Regulatory reform · Sovereignty · Finance · Global Financial Regulation and Crises · Law · Marketing · Political Influence and Corporate Strategies · Regulation and Compliance Studies

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Obras citantes distintas22
Citações por ano2,44
Intervalo de citações2017 - 2026 (10)
Velocidade de citaçãocurrent
Altamente citadoNão
Tipos de citaçãoNeutras: 22
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