Regulation and time: temporal patterns in regulatory development

Abstract

Given the complex decision-making that goes into policy choices for regulatory regimes, it would seem intuitive that such regimes might develop under distinct national styles. By revisiting several historical models of regulatory development, including Bernstein's classic life-cycle model, and then by analyzing six case studies from the US and UK, for example, we explore the possibility that regulatory regimes vary more prominently along the temporal dimension rather than along spatial ones. We conclude that regulatory regimes have similar developmental patterns, although the time spent at each stage in the process can vary significantly according to unique domestic factors. Points for practitioners Existing theories of regulation would suggest that regulatory activity should either follow identical development trajectories in different countries or it should be entirely idiosyncratic in every jurisdiction in which it is used. Clearly neither is true, as some regulatory regimes display similar qualities and development patterns, while others appear to be unique. A comparison of regulatory activities in the US and UK reveals that regulatory regimes in these countries develop through similar stages along similar pathways, but that the rate of development and the transition through the stages can occur at different speeds. This development is mainly stimulated by periodic crises that force changes in regulation.