Review Article: Understanding the Regulatory State

misunderstanding the regulatory state ? In the last quarter of the twentieth century something transformed government across the advanced capitalist world, and a large amount of comparative political enquiry is now concerned with pinning a convincing label on that transformation. Of the many candidates the subject of this review article has proved especially popular. As I will show, a regulatory state is now commonly said to exist in a wide range of geographical and institutional settings: writers speak of a regulatory state in the United States and in Britain; of the European regulatory state; and even of refinements like ‘a regulatory state inside the state’.