European regulatory policy - making unfolds in the context of the diverse regulatory interests and traditions of member states. The latter meet in the European arena, have to be balanced and brought to a compromise. As aresult European regulation often gains features of a "policy patchwork" in which diverse regulatory approaches are linked under the roof of one and the same directive.
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Paper provided by European Institute - Political and Social Sciences in its series Papers with number
96/02.
Find related papers by JEL classification: F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions