Author (Person) | Meckling, Jonas |
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Series Title | European Journal of International Relations |
Series Details | Vol.24, No.1, March 2018, p58-81 |
Publication Date | March 2018 |
ISSN | 1354-0661 |
Content Type | Journal | Series | Blog |
Abstract: What are the origins of global regulation? This article proposes that the developmental state — the state investing in economic development — can be a source of global environmental regulation. Through industrial policy, the developmental state can promote structural economic change in polluting sectors that supports global regulatory policy in two ways: first, providing state support to green industries creates economic interests in support of global regulation; and, second, driving down the cost of technology through government subsidies alters the pay-offs of global cooperation for other states. This article examines the two mechanisms in the case of climate change: the global leadership of the European Union; and international cooperation on the Paris Agreement. The argument advances our theory of the state in global regulatory politics as both a developmental and a regulatory force. This article identifies significant scope for the developmental strategies of major economies to change the interest and cost structures of polluting sectors to support global environmental regulation. |
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Source Link | Link to Main Source https://doi.org/10.1177/1354066117700966 |
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Subject Categories | Environment |
Countries / Regions | Europe |