
There is a growing interest in delegation to non-majoritarian institutions in Europe, following both the spread of principal-agent theory in political science and law and increasing delegation in practice. During the 1980s and 1990s, governments and parliaments in West European nations have delegated powers and functions to non-majoritarian bodies - the EU, independent central banks, constitutional courts and independent regulatory agencies. Whereas elected policymakers had been increasing their roles over several decades, delegation involves a remarkable reversal or at least transformation of their position. This volume examines key issues about the politics of delegation: how and why delegation has taken place; the institutional design of delegation to non-majoritarian institutions; the consequences of delegation to non-majoritarian institutions; the legitimacy of non-majoritarian institutions. The book addresses these questions both theoretically and empirically, looking at central areas of political life - central banking, the EU, the increasing role of courts and the establishment and impacts of independent regulatory agencies.
This volume investigates the drivers, institutional design, and legitimacy of delegating authority to non-majoritarian institutions within the European political landscape. Alec Stone Sweet and Mark R. Thatcher utilize principal-agent theory to analyze the shift of power from elected parliaments and governments to bodies such as constitutional courts, central banks, and regulatory agencies. The authors synthesize theoretical frameworks with empirical data to explain why this reversal of traditional policymaking roles occurred during the late twentieth century.
What You Will Find
Scholars in political science and law frequently cite this work as a foundational text for understanding the rise of independent regulatory bodies in Europe. Readers often note the academic density of the prose, which provides a rigorous framework for analyzing modern governance shifts.
Page Count:
246
Publication Date:
2004-01-01
Publisher:
Taylor & Francis Group
ISBN-10:
0203005988
ISBN-13:
9780203005989
No comments yet. Be the first to share your thoughts!