International Regulators and Network Governance

Abstract

This article explores the rise of international regulation, the creation of transnational networks, and their implications for business and national governments. The article is divided into five parts. First, it examines the impact of globalization on business and the dilemmas it creates for business and governments. Second, it explores the wide range of formal and informal ways that business and government have sought to regulate the international economy. Third, it examines explanations for various types of global governance. Fourth, it analyzes some of the issues raised by global governance including enforcement issues, democratic legitimacy, and accountability to the public. Finally, the article concludes with some suggestions for future research.