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Governing global markets in a new age of globalization

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  • Jody Jensen

    ()
    (Hungarian Academy of Sciences, Institute of Political Science, Budapest, Hungary)

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    Abstract

    The contradictions in terms of justice and democracy in contemporary globalization have given rise to counter-movements that attempt to reassert control over economic forces. The rapid changes of our globalizing world also challenge conventional disciplinary academic approaches of analysis. Globalization generates forces of both fragmentation and integration. Globalization yields hybridization where existing forms and practices recombine into new forms and new practices. Structural hybridization can be observed in hybrid economic formations, in business regulation, and in public-private and private-private partnerships between business and society. It gives rise to a plurality of new mixed forms of cooperation and competition.

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    Bibliographic Info

    Article provided by Akadémiai Kiadó, Hungary in its journal Society and Economy.

    Volume (Year): 29 (2007)
    Issue (Month): 3 (December)
    Pages: 305-324

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    Handle: RePEc:aka:soceco:v:29:y:2007:i:3:p:305-324

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    Related research

    Keywords: CSR; civil society; hybridization; globalization; markets;

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