Regulatory Challenges explores the critical need for governments to adapt their regulatory frameworks amidst rapid technological advancements and increasingly interconnected global economies. It delves into the complexities of governing innovation, trade, and societal change in the 21st century. The book highlights the shift from rigid, top-down regulatory models to more dynamic, collaborative approaches. This transition is essential because traditional regulations often lag behind technological and economic developments, potentially hindering innovation and economic stability.
One key insight is the necessity for governments to embrace experimentation and continuous evaluation. The book is structured around three core themes: technology laws, international trade rules, and adaptive governance. It examines the regulation of areas like artificial intelligence, data privacy, and cybersecurity. Further, it addresses the challenges of fair trade practices and the impact of globalization. The book's approach combines legal scholarship, economic analysis, and empirical research.
Regulatory Challenges is divided into three parts, progressing from theoretical foundations to specific regulatory challenges and then to strategies for adaptive governance.
