Financial Governance and the Public Sphere: Towards a Global Modality of Governance?

In: Policy and society: an interdisciplinary journal of policy research, 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 & foundation of the global financial public sphere, & 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 & a welcome development, but one that is not yet fully consolidated. 68 References. Adapted from the source document.