ABSTRACT

The financial crisis of 2008-2009 and the "Great Recession" that it precipitated highlight a number of important questions about the governance of contemporary capitalism. How do shortcomings in existing market governance institutions help to account for trends of rising economic inequality and financial instability? What new forms of market governance would better embody norms of stability, equality and justice? And how do present political conditions both constrain and enable possibilities for reform?

This volume brings together an array of leading thinkers to consider these pressing questions about market governance and its potential reform. Contributors combine in-depth empirical analysis with innovative explorations of alternative arrangements to consider challenges of market governance in advanced and developing countries, as well as global and regional organizations. 

New Visions for Market Governance will be of interest to students and scholars in a wide range of areas including international and comparative political economy, public and social policy, and normative social theory. 

chapter 1|15 pages

Re- thinking market governance

ByKATE MACDONALD, SHELLEY MARSHALL

chapter 2|12 pages

Financial markets: masters or servants?

chapter 4|9 pages

Reforming international financial governance

ByROSS P . BUCKLEY

chapter 6|14 pages

GFC2 : the global food and financial crises

BySANDY ROSS

chapter 7|13 pages

Embedded regionalism

chapter 14|18 pages

Productive democracy jOEL ROGERS

chapter 15|11 pages

Always embedded neoliberalism and the global financial crisis

ByDAMIEN CAHILL

chapter 16|18 pages

Re- embedding the market: beyond Adam Smith’s dinner

ByCHARLES SAMPFORD