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Susan Park and Antje Vetterlein (eds.). 2010. Owning development: Creating policy norms in the IMF and the World Bank (New York: Cambridge University Press)

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The Review of International Organizations : Volume 7, Issue 1, March 2012

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Punctuated equilibrium in the energy regime complex

Content Provider	Springer Nature Link
Author	Colgan, Jeff D. Keohane, Robert O. Van de Graaf, Thijs
Copyright Year	2011
Abstract	The concept of a regime complex has proved fruitful to a burgeoning literature in international relations, but it has also opened up new questions about how and why they develop over time. This article describes the history of the energy regime complex as it has changed over the past 40 years, and interprets this history in light of an interpretive framework of the sources of institutional change. One of its principal contributions is to highlight what Stephen Krasner referred to as a pattern of “punctuated equilibrium” reflecting both periods of stasis and periods of innovation, as opposed to a gradual process of change. We show that the timing of innovation depends on dissatisfaction and shocks and that the nature of innovation—that is, whether it is path-dependent or de novo—depends on interest homogeneity among major actors. This paper is the first to demonstrate the empirical applicability of the punctuated equilibrium concept to international regime complexes, and contributes to the eventual development of a dynamic theory of change in regime complexes.
Starting Page	117
Ending Page	143
Page Count	27
File Format	PDF
ISSN	15597431
Journal	The Review of International Organizations
Volume Number	7
Issue Number	2
e-ISSN	1559744X
Language	English
Publisher	Springer US
Publisher Date	2011-07-26
Publisher Place	Boston
Access Restriction	One Nation One Subscription (ONOS)
Subject Keyword	Regime complex Energy Institutional innovation Institutional design Oil Punctuated equilibrium Path dependence Economics general Political Science Social Sciences
Content Type	Text
Resource Type	Article
Subject	Political Science and International Relations Economics and Econometrics Organizational Behavior and Human Resource Management

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