Journal article

Rethinking Global Market Governance: Crisis and Reinvention?

Sanjay Pinto, Kate Macdonald, Shelley Marshall

Politics and Society | SAGE PUBLICATIONS INC | Published : 2011

Abstract

The recent financial crisis and Great Recession have been compared to other historical moments during which significant shifts in regimes of market governance have occurred. Here, we engage with the pieces that follow in this special section of Politics & Society as we consider three dimensions along which global market governance might be transformed in the direction of greater democracy. First, given that problems of market governance often extend across national boundaries, enhanced intergovernmental coordination could play a key role in promoting the public interest. Second, broader country representation would help to ensure that the interests of different national publics are more full..

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