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Preferred term

regulation theory  

Definition

  • Regulation theory is a distinctive paradigm in critical political economy. It originated in Europe and North America in the 1970s in response to the emerging crisis of the postwar economy and its mode of regulation, and it has since been applied to many other periods, regions, and contexts. [Source: Encyclopedia of Governance; Regulation Theory]

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https://concepts.sagepub.com/social-science/concept/regulation_theory

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