The rise of governance and the risks of failure Cover Image

Narodziny współzarządzania i ryzyko jego niepowodzenia.
The rise of governance and the risks of failure

Author(s): Bob Jessop
Subject(s): Economy
Published by: Uniwersytet Ekonomiczny w Krakowie we współpracy z Wydawnictwem Naukowym Scholar
Keywords: governance; market;state;hierarchy; partnership;coordination; heterarchy;steering; meta-governance

Summary/Abstract: Th is article explores the roles of markets, states, and partnerships in economic coordination and considers their respective tendencies to failure. Th e fi rst section addresses the growing interest in governance and seeks explanations in recent theoretical developments. Th e second section then asks whether the rise of the governance paradigm might also refl ect fundamental shifts in economic, political, and social life, such that governance will remain a key issue for a long time, or is a response to more cyclical shifts in modes of coordination. Th e third section considers the logic of ‘heterarchic governance’ in contrast to anarchic, ex post coordination through market exchange and imperative ex ante coordination through hierarchical forms of organization. It also off ers some preliminary refl ections on the nature, forms, and logic of ‘governance failure’. Th e fi nal section addresses the state’s increasing role in ‘meta-governance’, i.e., in managing the respective roles of these diff erent modes of coordination.

  • Issue Year: 2013
  • Issue No: 26
  • Page Range: 84-99
  • Page Count: 16
  • Language: English