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Actor-systems dynamics is an innovative, multidisciplinary methodology for investigating and analyzing social struggles over economic resources and the related interplay between economic and socio-political institutions and processes. The authors, sociologists and economists, offer a systemic perspective on contemporary socio-economic issues such as economic crisis, unemployment, inflation, economic democracy and development; in their analyses, they identify several of the key factors that drive people to interact, to initiate change and transformation as well as to resist such change. Major u

The paper outlines a conceptual framework for understanding and analyzing the structuring of an institutional order. Particular attention is given to developments which make institution restructuring likely – for instance power shifts which favor actors with a different vision or model of an appropriate institutional order. The framework is applied in a brief historical study of the development of post-World War II international economic institutions and current developments associated with the 'oil crisis'. This conceptual framework and historical investigation provides a basis on which to formulate propositions indicating potential sources of conflict and cooperation and certain ambiguities and dynamics of current institution restructuring in the international system. The paper concludes by outlining several action guidelines for structuring new global cultural forces and institutional forms related to bringing about a New International Economic Order.