Economic Law and governance increasingly are shaped transnationally in different ways. As countries liberalize markets and private actors engage in global trade and investment, new regulatory institutions and legal approaches have diffused across jurisdictions. The dual shifts of market liberalization and enhanced regulation have given rise to what a number of scholars call regulatory capitalism. As part of these processes, regulatory governance of the economy, quintessentially seen in nation-state terms, has become transnationalized. This panel assesses the extent of transnational change in economic law and governance across regulatory areas. The resulting regulation seeks to produce order in an issue area that relevant actors construe as a “problem”; they are legal insofar as they adopt legal form to address the problem, including through directly or indirectly engaging national legal bodies; and they are transnational insofar as they transcend and permeate state boundaries. This panel addresses how economic regulation attempts to penetrate state boundaries and the challenges and limits these initiatives face. Among the subject areas covered include administrative, agricultural, banking, bankruptcy, finance, and tax law.
Business meeting at program conclusion.