Constitutionalism in Context 2022
DOI: 10.1017/9781108699068.024
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Privatization of Constitutional Law: Thailand

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“…When states and powerful economic actors are cooperating, nonstate actors and transnational regulators can provide an alternative source of norms and regulations, often bypassing ineffective state institutions (Ramraj, 2019). Transnational nonstate institutions such as the Equator Principles can also provide a set of surrogate standards when states refuse to enforce social and environmental standards (Ramraj and Tengaumnuay, 2022).…”
Section: Concepts Approaches and Controversiesmentioning
confidence: 99%
“…When states and powerful economic actors are cooperating, nonstate actors and transnational regulators can provide an alternative source of norms and regulations, often bypassing ineffective state institutions (Ramraj, 2019). Transnational nonstate institutions such as the Equator Principles can also provide a set of surrogate standards when states refuse to enforce social and environmental standards (Ramraj and Tengaumnuay, 2022).…”
Section: Concepts Approaches and Controversiesmentioning
confidence: 99%