Financial Governance and the Public Sphere: Towards a Global Modality of Governance?
In: Policy and society, Band 23, Heft 3, S. 68-90
Abstract
Recent efforts to reform the international financial architecture have focused attention on the way in which decision-making occurs within an increasingly globalised structure of financial governance. I explore an important development within this structure: the emergence of what may be identified as a global financial public sphere. This article considers the formation and foundation of the global financial public sphere, and discusses its relationship to the globalised structure of financial governance. The argument of the paper is that a strengthened public sphere is both an increasingly significant attribute of financial governance and a welcome development, but one that is not yet fully consolidated.
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