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British economic regulators in an age of politicisation: From the responsible to the responsive regulatory state?

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British economic regulators in an age of politicisation: From the responsible to the responsive regulatory state? / Koop, Christel; Lodge, Martin.

In: Journal of European Public Policy, Vol. 27, No. 11, 17.11.2020, p. 1612-1635.

Research output: Contribution to journalArticle

Harvard

Koop, C & Lodge, M 2020, 'British economic regulators in an age of politicisation: From the responsible to the responsive regulatory state?', Journal of European Public Policy, vol. 27, no. 11, pp. 1612-1635. https://doi.org/10.1080/13501763.2020.1817127

APA

Koop, C., & Lodge, M. (2020). British economic regulators in an age of politicisation: From the responsible to the responsive regulatory state? Journal of European Public Policy, 27(11), 1612-1635. https://doi.org/10.1080/13501763.2020.1817127

Vancouver

Koop C, Lodge M. British economic regulators in an age of politicisation: From the responsible to the responsive regulatory state? Journal of European Public Policy. 2020 Nov 17;27(11):1612-1635. https://doi.org/10.1080/13501763.2020.1817127

Author

Koop, Christel ; Lodge, Martin. / British economic regulators in an age of politicisation: From the responsible to the responsive regulatory state?. In: Journal of European Public Policy. 2020 ; Vol. 27, No. 11. pp. 1612-1635.

Bibtex Download

@article{b7f91af364d54b44a6ddbfe28dc8671a,
title = "British economic regulators in an age of politicisation: From the responsible to the responsive regulatory state?",
abstract = "The regulatory state that developed in Britain and elsewhere in the 1980s and 1990s was characterised by independent agencies, efficiency-based objectives, {\textquoteleft}econocratic{\textquoteright} analysis, and an emphasis on output- and outcome-based legitimacy. Yet, with economic regulation becoming increasingly politicised, the {\textquoteleft}responsible{\textquoteright} regulatory state has come under pressure. How have British regulators adapted to these changes? Building primarily on interviews with regulators, we find that the regulatory state has become more responsive to broader political and public concerns. Key responsible features have been maintained, but new responsive layers have been added, contributing to a broadening of decision-making and conceptions of regulation, a greater role for communication and outward-oriented activities, and a widening of stakeholder engagement and accountability. Though supporting theories of organisational reputation and survival, the (ongoing) changes raise new questions about how much {\textquoteleft}political space{\textquoteright} independent economic regulators can feasibly and legitimately occupy. ",
author = "Christel Koop and Martin Lodge",
year = "2020",
month = nov,
day = "17",
doi = "https://doi.org/10.1080/13501763.2020.1817127",
language = "English",
volume = "27",
pages = "1612--1635",
journal = "Journal of European Public Policy",
issn = "1350-1763",
publisher = "Routledge",
number = "11",

}

RIS (suitable for import to EndNote) Download

TY - JOUR

T1 - British economic regulators in an age of politicisation: From the responsible to the responsive regulatory state?

AU - Koop, Christel

AU - Lodge, Martin

PY - 2020/11/17

Y1 - 2020/11/17

N2 - The regulatory state that developed in Britain and elsewhere in the 1980s and 1990s was characterised by independent agencies, efficiency-based objectives, ‘econocratic’ analysis, and an emphasis on output- and outcome-based legitimacy. Yet, with economic regulation becoming increasingly politicised, the ‘responsible’ regulatory state has come under pressure. How have British regulators adapted to these changes? Building primarily on interviews with regulators, we find that the regulatory state has become more responsive to broader political and public concerns. Key responsible features have been maintained, but new responsive layers have been added, contributing to a broadening of decision-making and conceptions of regulation, a greater role for communication and outward-oriented activities, and a widening of stakeholder engagement and accountability. Though supporting theories of organisational reputation and survival, the (ongoing) changes raise new questions about how much ‘political space’ independent economic regulators can feasibly and legitimately occupy.

AB - The regulatory state that developed in Britain and elsewhere in the 1980s and 1990s was characterised by independent agencies, efficiency-based objectives, ‘econocratic’ analysis, and an emphasis on output- and outcome-based legitimacy. Yet, with economic regulation becoming increasingly politicised, the ‘responsible’ regulatory state has come under pressure. How have British regulators adapted to these changes? Building primarily on interviews with regulators, we find that the regulatory state has become more responsive to broader political and public concerns. Key responsible features have been maintained, but new responsive layers have been added, contributing to a broadening of decision-making and conceptions of regulation, a greater role for communication and outward-oriented activities, and a widening of stakeholder engagement and accountability. Though supporting theories of organisational reputation and survival, the (ongoing) changes raise new questions about how much ‘political space’ independent economic regulators can feasibly and legitimately occupy.

U2 - https://doi.org/10.1080/13501763.2020.1817127

DO - https://doi.org/10.1080/13501763.2020.1817127

M3 - Article

VL - 27

SP - 1612

EP - 1635

JO - Journal of European Public Policy

JF - Journal of European Public Policy

SN - 1350-1763

IS - 11

ER -

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