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Document Type

Symposium

Publication Date

Spring 1995

Publication Citation

2 Indiana Journal of Global Legal Studies 429 (1995)

Abstract

Dean Alfred Aman 's article addresses recent U.S.

administrations' attempts at regulatory reform and notes that as far

as the actual reforms are concerned, there are more similarities

over time than differences. The globalization of politics and

markets and manufacturing, in particular, has helped create global

political economic forces that militate in favor of various forms of

deregulation and privatization not only in the United States, but in

other western democracies as well. Dean Aman focuses on the

United States, noting that globalization has reduced the effectiveness

of local and national regulators, especially since firms are

increasinglyf ree to choose where to locate plants and employ labor.

He considers the Reagan, Bush, and Clinton administrations'

market-oriented regulatory reforms, and explains their similarities

and continuities in terms of the ways in which modern nation-states

cope with and seek to remain competitive in the global economy.

He notes some important differences among these administrations,

however, and argues that reformers who advocate market

approaches as a means to collective ends, rather than as ends in

themselves, are likely to be more receptive to the development of

new global legal regimes.

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