3 ms·
> I have no idea what your Potemkin regulation is Nations such as China erect fig leaf regulatory regimes that are both ineffective and corrupt and are designe
by topspin 6y ago
> I have no idea what your Potemkin regulation is
Nations such as China erect fig leaf regulatory regimes that are both ineffective and corrupt and are designed to attract Western capital that are avoiding the regulatory burdens (environmental regulation, labor regulation, etc.) in Western nations. These are Potemkin structures in that they offer plausibly deniable cover to the Western establishment for the purposes of trade agreements and other international instruments.