Comparative Administrative Law
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Comparative Administrative Law

Edited by Susan Rose-Ackerman and Peter L. Lindseth

This research handbook is a comprehensive overview of the field of comparative administrative law. The specially commissioned chapters in this landmark volume represent a broad, multi-method approach combining perspectives from history and social science with more strictly legal analyses. Comparisons of the United States, continental Europe, and the British Commonwealth are complemented by contributions that focus on Latin America, Africa, and Asia. The work aims to stimulate comparative research on public law, reaching across countries and scholarly disciplines.
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Chapter 4: Administrative Law and the Public Regulation of Markets in a Global Age

Marco D’Alberti


Marco D’Alberti The role of public authority in the regulation of the economy has evolved over time. During the twentieth century, the intervention of the State and public administration into economic affairs steadily increased, at least until the 1970s, despite the strong, freemarket critiques directed at this approach. However, since the 1980s, the process of globalization (due to the enhanced development of world trade and international communications), along with privatization, liberalization, and deregulation, have modified the scope and method of public intervention. More recently, the global economic and financial crisis that began in 2008 raises the potential of bringing about new forms of (sometimes intense) regulation and administrative interventions. In short, the pendulum may be swinging back, with the evolution of market regulation, as well as its impact on administrative law, continuing apace. This chapter first tries to assess the principal trends in public regulation of markets since the outset of the twentieth century, emphasizing continuity despite the many changes that have taken place. The chapter then attempts to identify, in legal terms, the essential features of public regulation today, as well as their prospects beyond the present economic crisis. Finally, this contribution then considers the impact of changing forms of public regulation of markets on the substance and procedures of administrative law. 1. Public regulation of markets over the course of the twentieth century At the end of the nineteenth century the structure of many national States began to change. The progressive enlargement of the right to vote, as...

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