The New Global Rulers – The Privatization of Regulation in the World Economy

"In a world where global standards increasingly determine access to world markets, understanding how those standards are set is of vital concern to citizens, governments, and firms. This deeply informed book asks the questions and presents the often counterintuitive facts about the relation between domestic interests and global rule making that will set the intellectual agenda and shape political discussion in this area for years to come."--Charles Sabel, Columbia Law School

"Tim Büthe and Walter Mattli say something new and important about the world economy. Better yet, they prove their case. As economic interdependence grows and with it the need for clear global rules, more and more of those rules are being developed by private regulatory groups. Büthe and Mattli not only document this shift, they show how inherently political the process is."--Charles Lipson, University of Chicago

"Büthe and Mattli's survey of hundreds of senior financial managers is a window into a world most of us have observed only anecdotally. This impressive book convincingly reveals that the global regulatory advantage goes to those actors who can get useful information into the right hands at the right time. Bravo on a compelling story about how private firms, industry organizations, and local regulators contribute to the global governance of finance and production."--Beth Simmons, Harvard University

"When you buy an electrical appliance or rely on corporate accounts, you are affected by transnational private regulation--a technical arena that is also highly political. In The New Global Rulers, Tim Büthe and Walter Mattli brilliantly explain who wins, and who governs, in this significant but under-studied domain."--Robert O. Keohane, Princeton University

"Analytically powerful. Both the empirical material and the theoretical analysis are significant contributions, and I think they will be quite influential. The book's impact will be enhanced by its unusually clear writing and engaging discussions of history and examples. It is a very accessible volume, which should give it considerable crossover appeal beyond international-relations scholars."--Kenneth W. Abbott, Arizona State University

"The New Global Rulers covers a big topic--an important and growing one, with an ever-wider audience."--Peter A. Gourevitch, University of California, San Diego, and coauthor of Political Power and Corporate Control