EU regulation is coming under increasing pressure as a drag on competitiveness and innovative capacity. However, the evidence for such claims is surprisingly thin, while EU regulation has been rapidly evolving in novel ways that enhance its capacity to address longstanding problems and tackle new challenges. Central to this development are new forms of recursive joint governance between EU institutions, Member States, and regulated entities, which enable the rapid updating of rules and procedures under rising uncertainty through closer integration of conception and execution. Focusing on EU agencies and regulatory networks in domains such as medicines, aviation, finance, and food safety, the analysis shows how they have developed innovative methods of catastrophe avoidance and crisis response, which compare favourably with those in the US.

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