Tag Archives: diffusion

The political origins of the banking regulation and the modes of international cooperation at the Federal Reserve and the European Central Bank

Neither the U.S. Federal Reserve nor the European Central Bank was created as a banking supervisory institution. Each has evolved into its current role, yet for different reasons. In “The Foundations Of Regulatory Convergence And Divergence Between The Federal Reserve And … Continue reading

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Economic culture in the public sphere: practice, knowledge and discourse

“Economic Culture in the Public Sphere” is the topic of the European Journal of Sociology special issue, edited by Nina Bandelj, Lyn Spillman & Frederick F. Wherry. This very interesting issue deals with the important question of how public understandings of … Continue reading

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In economic policymaking, ideas matter. But how? And whose ideas? Campbell & Pedersen have insightful answers

John Maynard Keynes famously said: “The ideas of economists and political philosophers, both when they are right and when they are wrong are more powerful than is commonly understood.” In politics, policymaking and in the economy, ideas matter indeed. Yet … Continue reading

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Neoliberalism in the Global South: the shift in development strategies

Despite the fact that the first substantially neoliberal regime was actually in the far South, the civil-military dictatorship in Chile, neoliberalism is generally attributed to western and developed countries. “Where in the world does Neoliberalism come from? The market agenda … Continue reading

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“National Policy-Making: Domestication of Global Trends” shows how local policies appear to be synchronized globally yet are developed with distinct “national” flavors

Notions of social change are often divided into local versus international. But what actually happens at the national level—where policies are ultimately made and implemented—when policy-making is interdependent worldwide? How do policy-makers take into account the prior choices of other … Continue reading

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Congratulations to David Levi-Faur for receiving the Award for ‪Regulatory‬ Studies Development, by the European Consortium for Political Research Group on Regulatory Governance

David Levi-Faur (Hebrew University) is the first recipient of the Award for ‪Regulatory‬ Studies Development because of his successful efforts to create an academic regulatory governance community, as exemplified by his initiative to co-found the ECPR Standing Group on Regulation and … Continue reading

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“Anti-Corporate Movements and the Spread of Cooperative Forms in American Capitalism” by Marc Schneiberg

This interesting  (open access) paper sheds new light on the contentious transactions between movements, corporations and non-governmental organizations, expanding existing work on the trajectories, tactics and organizational effects of anti-corporate movements. Addressing the spread of cooperatives in the early 20th-century US economy, this … Continue reading

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How much did internationally promoted ideas about supervisory ‘best practice’ influence institutional design choices?

Who is watching the finance industry? There have been multiple waves of thought about whether the ministry of finance, the central bank, a specialized regulator or some combination of these should have supervisory authority. These waves have been associated with the convergence … Continue reading

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