In this prestigious edited collection, an international group of leading contributors to the law of regulation take stock of the erosion of belief in centralised planning and command and control regulation which has accompanied the collapse of communism. Concerned that subsequent regulatory alternatives have often been prescribed by theorists who have little or no knowledge either of the law of regulation, or of the actual capacities of and problems with different regulatory techniques, these leading contributors go on to explore the new directions in regulatory theory which must now be pursued if regulation is to be made to work. The volume includes articles by Julia Black, John Braithwaite, Louise Davies, Bettina Lange, Imelda Maher, Oren Perez, Colin Scott and Peter Vincent-Jones.