Please answer the two questions below. Please make each answer is 800-1000 words. Please use your preference of standard citations formats (e.g. APA, MLA, or Chicago)
Question 1: Explain Mattli and Woods’ institutional supply and demand model. According to the authors, what are some factors or situations that lead to regulatory capture? What actions can either states or NGOs undertake to facilitate the development of regulation in the common (public) interest?
Question 2: What kinds of problems do less developed countries (LDCs) experience within the global policymaking process that developed states do not? Can policy-making processes within the field of GCMP be made more inclusive of LDC’s? Assuming that common-interest regulatory schemes ultimately emerge, does the (potential) marginalization of LDCs in the regulatory process really even matter?
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