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  • 1 - The Resilience of Private Authority in Times of Crisis

  • from Part I - Global Governance and Politics
  • Edited by Panagiotis Delimatsis, Tilburg University, The Netherlands, Stephanie Bijlmakers, Tilburg University, The Netherlands, M. Konrad Borowicz, Tilburg University, The Netherlands
  • Book:
    The Evolution of Transnational Rule-Makers through Crises
    Published online:
    27 July 2023
    Print publication:
    10 August 2023, pp 21-46
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  • Summary

    From European integration to domestic politics to the development of the global economy, technocracy and private ordering have shaped economic behaviour. Such transformative private-driven forces of economic activity flourished through the promulgation of voluntary standards. In view of the ever-increasing powers that are transferred to private actors and their relative power as a de facto pillar of global regulatory making, it is surprising that their dominance remains largely unaffected by regulatory shocks that they partly cause. Rather, in practice, crises (broadly defined as disruptive disturbances) appear to empower such forces or generate new ones, whereas existing checks and balances fail their initial purpose. In emphasising the role of the innate traits, fabric of interactions and dynamics in times of crises within private rule-making bodies, the present article analyses the foundations for a new, evidence-based theory to explain the resilience of private collective action and establishes a research agenda.