Better Business Regulation in a Risk Society

Better Business Regulation in a Risk Society

Alberto Alemanno Frank den Butter André Nijsen Jacopo Torriti Editors Better Business Regulation in a Risk Society

Editors Alberto Alemanno Department of Law HEC Paris Paris, France André Nijsen Regulatory Reform Adviser Schoonhoven, The Netherlands Frank den Butter Department of Economics VU University Amsterdam, The Netherlands Jacopo Torriti University of Reading School of Construction Management and Engineering Reading, UK ISBN 978-1-4614-4405-3 ISBN 978-1-4614-4406-0 (ebook) DOI 10.1007/978-1-4614-4406-0 Springer New York Heidelberg Dordrecht London Library of Congress Control Number: 2012944737 Springer Science+Business Media New York 2013 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, speci fi cally the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on micro fi lms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. Exempted from this legal reservation are brief excerpts in connection with reviews or scholarly analysis or material supplied speci fi cally for the purpose of being entered and executed on a computer system, for exclusive use by the purchaser of the work. Duplication of this publication or parts thereof is permitted only under the provisions of the Copyright Law of the Publisher s location, in its current version, and permission for use must always be obtained from Springer. Permissions for use may be obtained through RightsLink at the Copyright Clearance Center. Violations are liable to prosecution under the respective Copyright Law. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a speci fi c statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. While the advice and information in this book are believed to be true and accurate at the date of publication, neither the authors nor the editors nor the publisher can accept any legal responsibility for any errors or omissions that may be made. The publisher makes no warranty, express or implied, with respect to the material contained herein. Printed on acid-free paper Springer is part of Springer Science+Business Media (www.springer.com)

Contents 1 Introduction... 1 Alberto Alemanno, Frank den Butter, André Nijsen, and Jacopo Torriti Part I Social Risks and Business Regulation 2 Risk Governance: Concept and Application to Institutional Risk Management... 17 Ortwin Renn and Andreas Klinke 3 Regulating the European Risk Society... 37 Alberto Alemanno 4 The Prospects for Global Climate Change Reform After Copenhagen... 57 Mulugeta Mengist Ayalew and Yacob Mulugetta 5 Eight Commandments for Securing Competitive Food Supply Chains in the European Union... 83 Bernd van der Meulen and Harry Bremmers 6 The Costs of State Intervention in the Financial Sector... 99 Wim Boonstra and Allard Bruinshoofd Part II Preconditions for Better Business Regulation and International Coordination 7 The Perspective of Public Sector Economics on Regulation: Transaction Costs and the Agency Model... 119 Frank den Butter v

vi Contents 8 Against the Tide? On the Development of Regulative Costs Over Time in Times of Crisis and Its Possible Impact on Economic Development... 135 Kees van Paridon 9 Internal Pressures External Safeguards: A Systemic Approach for Burden Reduction in the Netherlands... 147 Jeroen van Bockel and Jaap Sleifer 10 Trust, the Pharmaceutical Industry and Regulators in the UK... 157 Jennifer M. O Connor and Jacopo Torriti 11 From Better to Best Regulation: Towards Competitiveness by Cross-Border Consistency... 173 Jooske Marijke Vos 12 World Trade Organization and the Global Risks... 193 Predrag Bjelić Part III Theoretical and Measurement Issues Related to Better Business Regulation 13 Regulatory Policy at the Crossroads: Mapping an OECD Agenda for the Futures... 209 Lorenzo Allio and Stéphane Jacobzone 14 SCM 2.0: An Argument for a Tailored Implementation... 231 André Nijsen 15 A Tax Regulatory Laffer Curve... 253 Saša Drezgić and Peter Pronk 16 Sunset Legislation: Theoretical Reflections and International Experiences... 267 Sylvia Veit and Bastian Jantz Part IV Concluding Part 17 Conclusions... 285 Alberto Alemanno, Frank den Butter, André Nijsen, and Jacopo Torriti Appendix A... 299 Appendix B... 301 Index... 315

Contributors Alberto Alemanno HEC (École des Hautes Études Commerciales), Paris, France Lorenzo Allio allio rodrigo Consulting, Lugano-Cagiallo, Switzerland University of Exeter, Exeter, UK Mulugeta Mengist Ayalew African Climate Policy Centre, United Nations Economic Commission for Africa, Addis Ababa, Ethiopia Predrag Bjelić Faculty of Economics, University of Belgrade, Belgrade, Serbia Wim Boonstra Chief Economist Rabobank, Utrecht, The Netherlands Money and Banking, VU University, Amsterdam, The Netherlands Harry Bremmers Chair of Law & Governance Group, Department of Social Sciences, Wageningen University, Wageningen, The Netherlands Allard Bruinshoofd Economic Research Department, Rabobank Nederland, Utrecht, The Netherlands Frank den Butter Department of Economics, VU University, Amsterdam, The Netherlands Saša Drezgić Faculty of Economics, University of Rijeka, Rijeka, Croatia Stéphane Jacobzone Public Governance and Territorial Development Directorate, Organisation for the Economic Cooperation and Development, Paris, France Bastian Jantz Political Science, Administration and Organization, University of Potsdam, Potsdam, Germany Andreas Klinke Environmental Policy Institute, Memorial University of Newfoundland, Newfoundland, Canada Yacob Mulugetta African Climate Policy Centre, United Nations Economic Commission for Africa, Addis Ababa, Ethiopia vii

viii Contributors André Nijsen Regulatory Reform Adviser, Schoonhoven, The Netherlands Jennifer M. O Connor Innovation and Enterprise Group, Imperial College Business School, Imperial College London, London, UK Peter Pronk Netherlands Tax and Customs Administration, The Hague, The Netherlands Ortwin Renn Environmental Sociology and Technology Assessment, University of Stuttgart, Stuttgart, Germany Jaap Sleifer Dutch Advisory Board on Regulatory Burden (Actal), The Hague, The Netherlands Jacopo Torriti University of Reading, School of Construction Management and Engineering, Whiteknights, Reading, UK Jeroen van Bockel Dutch Advisory Board on Regulatory Burden (Actal), The Hague, The Netherlands Bernd van der Meulen Chair of Law & Governance Group, Department of Social Sciences, Wageningen University, Wageningen, The Netherlands Kees van Paridon Department of Public Administration, Faculty of Social Sciences, Erasmus University, Rotterdam, The Netherlands Sylvia Veit Public Administration, University of Bamberg, Bamberg, Germany Jooske Marijke Vos EURinSPECT, The Hague, The Netherlands