000			01742naa a2200181uu 4500
001			0070115041937
003			OSt
005			20190211173317.0
008			100701s1998 xx ||||gr |0|| 0 eng d
100	1		_aLÜTZ, Susanne _941450
245	1	0	_aThe revival of the nation-state? Stock exchange regulation in an era of globalized financial markets
260			_aLondon : _bRoutledge, _cMarch 1998
520	3		_aThe debate on economic globalization suggests that the blurring of territorial boundaries shifts the power relations between nation-states and domestic market constituencies in favour of the latter. States have lost autonomy since policies are increasingly formulated in supranational or global arenas. Market actors seem to profit from economic and political deterritorialization. They may use their wider choice of geographic location in order to lobby for low regulated market environments. The article seeks to differentiate this common view considerably. It argues that economic internationalization tends to erode the legitimacy of self-binding agreements that had formerly solved regulatory problems. Networks of interstate collaboration in turn lack the ability to monitor and enforce negotiated agreements. Both developments impose new duties of market supervision on the nation-state. Empirical reference is drawn from the German stock exchange sector that underwent a process of fundamental transformation leading to an enhanced role of the nation-state in the model of sectoral governance.
773	0	8	_tJournal of European Public Policy _g5, 1, p. 153-168 _dLondon : Routledge, March 1998 _xISSN 13501763 _w
942			_cS
998			_a20100701 _b1504^b _cDaiane
998			_a20100706 _b1057^b _cCarolina
999			_aConvertido do Formato PHL _bPHL2MARC21 1.1 _c34834 _d34834
041			_aeng