All Politics Is Global: Explaining International Regulatory Regimes

All Politics Is Global This page intentionally left blank All Politics Is Global EXPLAINING INTERNATIONAL REGULATORY REGIMES With a new afterword by the author Daniel W. Drezner PRINCETON UNIVERSITY PRESS PRINCETON AND OXFORD Copyright © 2007 by Princeton University Press Published by Princeton University Press, 41 William Street, Princeton, New Jersey 08540 In the United Kingdom: Princeton University Press, 6 Oxford Street, Woodstock, Oxfordshire OX20 1TW All Rights Reserved Fourth printing, and first paperback printing, with a new afterword by the author, 2008 Paperback ISBN: 978-0-691-09642-1 The Library of Congress has cataloged the cloth edition of this book as follows Drezner, Daniel W. All politics is global : explaining international regulatory regimes / Daniel W. Drezner. p. cm. Includes bibliographical references and index. ISBN-13: 978-0-691-09641-4 (hardcover : alk. paper) ISBN-10: 0-691-09641-4 (hardcover : alk. paper) 1. Globalization—Government policy. 2. Globalization—Political aspects. 3. Globalization—Social aspects. 4. Globalization—Economic aspects. I. Title. JZ1318.D74 2007 341.2—dc22 2006017741 British Library Cataloging-in-Publication Data is available This book has been composed in Minion Typeface with Helvetica Neue display Printed on acid-free paper. ∞ press.princeton.edu Printed in the United States of America 10 9 8 7 6 5 4 This book is dedicated to my lovely and loving wife, ERIKA DREZNER for settling with finality the question of who regulates our home. This page intentionally left blank Contents List of Tables ix Preface xi Glossary of Acronyms xix PART I: THEORY CHAPTER ONE Bringing the Great Powers Back In 3 CHAPTER TWO A Theory of Regulatory Outcomes 32 CHAPTER THREE A Typology of Governance Processes 63 PART II: PRACTICE CHAPTER FOUR The Global Governance of the Internet 91 CHAPTER FIVE Club Standards and International Finance 119 CHAPTER SIX Rival Standards and Genetically Modified Organisms 149 CHAPTER SEVEN The “Semi-Deviant” Case: TRIPS and Public Health 176 CHAPTER EIGHT Conclusions and Speculations 204 Afterword to the Paperback Edition 221 Index 231 This page intentionally left blank Tables 1.1. 2.1. 2.2. 2.3. 3.1. 3.2. 3.3. 5.1. 5.2. 7.1. 7.2. 8.1. A Taxonomy of Globalization Theories Measures of Great Power Status in 2002 The Standards Game The Modified Standards Game A Typology of Regulatory Coordination Attributes of Different Global Governance Processes Possible Case Structures and Outcomes The Twelve Key Financial Codes and Standards Success of FATF Threats of Economic Coercion Alternative Frames in the National Security Strategy IPR Provisions in American FTAs, 2000–2005 Comparing Theoretical Predictions 14 36 53 57 72 85 87 137 144 188 196 207 This page intentionally left blank Preface AT THE START OF this project, I participated in two events that offered contrasting narratives about the regulation of the global economy. This book has been, in part, an attempt to reconcile these opposing parables. In April 2002, I attended a Salzburg Seminar on global economic institutions. Most of the participants spoke bitterly about economic globalization and its supporting global governance structures. The resentment was genuinely multicultural; heated rhetoric came from a Filipino activist, a Brazilian academic, a Burundian minister, a Russian economist, an American journalist, an Ecuadorian expatriate, and a South African union organizer.1 The common denominator to their complaints was that they saw global governance as a