|Author (Person)||Meckling, Jonas|
|Series Title||European Journal of International Relations|
|Series Details||Vol.24, No.1, March 2018, p58-81|
|Publication Date||March 2018|
|Content Type||Journal | Series | Blog|
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.
|Countries / Regions||Europe|