The diffusion of regulatory capitalism in Latin America : sectorial and national channels in the making of a new order
By: JORDANA, Jacint
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Contributor(s): Faur, David Levi-.
Material type: 
ArticlePublisher: Thousand Oaks : SAGE, March 2005The Annals of The American Academy of Political and Social Science 598, p. 102-124Abstract: This article analyses the sweeping restructuring of the state in Latin America and the consequent institutionalization of a new regulatory order. The analysis is grounded in an original database that covers the creation of regulatory agencies and their reform in nineteen countries and twelve sectors over the period from 1979 to 2002. The authors' data capture both the national and the sectorial patterns of the rise of the new order, and the authors distinguish between (1) national patterns of diffusion, whereby the number of prior regulatory authorities within a country determines the probability of the establishment of new authorities in that country; and (2) sectoral patterns of diffusion, whereby the number of prior regulatory authority in the same sector in other countries determines the probability of the establishment of new regulatory authority in that sector. The results coincide with a growing body of literature that emphasizes the role of contagious diffusion and shed some new light on sectorial and national channels of diffusion
This article analyses the sweeping restructuring of the state in Latin America and the consequent institutionalization of a new regulatory order. The analysis is grounded in an original database that covers the creation of regulatory agencies and their reform in nineteen countries and twelve sectors over the period from 1979 to 2002. The authors' data capture both the national and the sectorial patterns of the rise of the new order, and the authors distinguish between (1) national patterns of diffusion, whereby the number of prior regulatory authorities within a country determines the probability of the establishment of new authorities in that country; and (2) sectoral patterns of diffusion, whereby the number of prior regulatory authority in the same sector in other countries determines the probability of the establishment of new regulatory authority in that sector. The results coincide with a growing body of literature that emphasizes the role of contagious diffusion and shed some new light on sectorial and national channels of diffusion
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