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598 Annals Am. Acad. Pol. & Soc. Sci. 6 (2005)

handle is hein.cow/anamacp0598 and id is 1 raw text is: PREFACE The Making of a New Regulatory Order By DAVID LEVI-FAUR and JACINT JORDANA 6 Far from living in an age of deregulation, we live in the golden age of regulation. -Jacobs (2000) While the conventional wisdom holds that we live in a neoliberal era and under neo- liberal hegemony, the reality is significantly dif- ferent and much more complex. In recent dec- ades, regulatory reforms have spread around the globe, accompanied by new institutions, tech- nologies, and instruments of regulation that have had an enormous impact on the social and economic fabric. The era of neoliberalism is also the golden era of regulation, and while neoliberalism and regulation often move in tan- dem, there is no clear-cut evidence as to which of the two leads the way. Both proponents and opponents of the ideology of neoliberalism expected it to result in less regulation and freer markets. Alas, the current order is anything but free of regulation. For every regulation that in the past quarter of a century has been removed from the books, many new ones have been added. Dereg- David Levi-Faur is a senior research felow at RegNet, the Research School of the Social Science , Australian National University, and a senior lectwurr (on leave) at the University o>f Haifa. His professional interests in- clude comparative politics, comparative political econ- omy, and comparative public policy. He is currently studying the rise of regulatory capitalism and has pub- lished an edited volume (with Jacint Jordana), The Poli- tics of Regulation (Edward Elgar, 2004). He is also the guest editor of a special issue of Governance (forthcom- ing 2006) on varieties of regulatory capitalism. Jacint Jordana is an associate professor of political sci- ence at the Universitat Pompeu Fabra (Barcelona, Spain). His nain research a-a is the analysis of public policies, with special emphasis on telecommunication policies and regulatory policy. He is editor of the book Governing Telecommunications and Information Soci- ety in Europe (Edward Elgar, 2002) and, with David Levi-Faur The Politics of Regulation (Edward Elgar, 2004). He also has been working on Latin American comparative political economy, focusing on the role of institutions for public policy making. DOIJ: 10.1177/0002716204272612 ANNALS, AAPSS, 598, March 2005

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