2 Indiana Journal of Global Legal Studies 429 (1995)
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.
Aman, Alfred C.
"A Global Perspective on Current Regulatory Reform: Rejection, Relocation, or Reinvention?,"
Indiana Journal of Global Legal Studies:
2, Article 6.
Available at: http://www.repository.law.indiana.edu/ijgls/vol2/iss2/6