Ouverture de ‘Public Governance and Global Markets’
Author(s) -
Silvio M. Brondoni
Publication year - 2004
Publication title -
symphonya emerging issues in management
Language(s) - English
Resource type - Journals
eISSN - 1593-0319
pISSN - 1593-0300
DOI - 10.4468/2004.1.01ouverture
Subject(s) - legitimacy , globalization , corporate governance , global governance , business , economic system , political science , network governance , public administration , power (physics) , political economy , economics , law , physics , finance , quantum mechanics , politics
Traditional European governance models, created essentially to safeguard the prerogatives of nation-states, are unable to counter global networks because they are limited, on the one hand, to forming supranational institutions (to offset the influence of global networks) and, on the other, to decentralizing administrative power at the local level (to re-affirm their legitimacy in the system). Moreover, numerous exogenous factors (not effectively controllable at the local level and exceeding European boundaries because an expression of a wider globalisation process) compel individual nation-states to adopt a global, more integrated vision and a common Public Governance system
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