Stock-based pay, liquidity, and the role of market making

This chapter analyzes the development of French, German, and Italian liberalism from the nineteenth century to the 1980s, giving particular attention to each tradition’s conceptions of the role of the state and its relationship to groups and individual citizens. Using a broad range of historical source material and the works of influential political philosophers, it outlines the analytical frameworks central to French “statist liberalism,” German “corporate liberalism,” and Italian “clientelist liberalism.” It shows how these evolving traditions shaped the structure of each country’s postwar political-economic model and the policy priorities developed during the postwar boom through the early 1970s and provides conceptual touchstones for the direction and character of these traditions’ evolution in the face of the neoliberal challenge since the 1990s. The chapter demonstrates that each tradition accepted elements of a more liberal economic order while rejecting neoliberalism’s messianic market-making agenda and its abstract and disembedded political-economic vision.

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Market making via regulation: The role of the state in carbon markets

Regulation & Governance ◽

10.1111/j.1748-5991.2012.01145.x ◽

2012 ◽

Vol 6 (4) ◽

pp. 524-544 ◽

Cited By ~ 25

Author(s):

Markus Lederer

Keyword(s):

The State ◽

Carbon Markets ◽

Market Making ◽

Role Of The State

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Market Making: Internationalisation and Global Water Markets

Environment and Planning A Economy and Space ◽

10.1068/a3426 ◽

2002 ◽

Vol 34 (5) ◽

pp. 791-807 ◽

Cited By ~ 26

Author(s):

Graham Haughton

Keyword(s):

Private Sector ◽

World Bank ◽

Management Systems ◽

Community Based ◽

Market Making ◽

The World Bank ◽

The World ◽

National Governments ◽

Private Sector Engagement

The author examines the rapidly expanding market for private sector management of water systems. He explores the ways in which markets are being constructed, focusing on the role of international bodies—especially multilateral bodies such as the World Bank—in promoting various forms of private sector engagement. Arguing that market making is not politically neutral, he examines how the World Bank sets out to influence national governments in how they run their water-management systems, in the process highlighting alternative visions for community-based systems.

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Governing the creative city: the practice, value and effectiveness of cultural intermediation

Cultural Intermediaries Connecting Communities ◽

10.1332/policypress/9781447344995.003.0008 ◽

2019 ◽

pp. 119-132

Author(s):

Beth Perry

Keyword(s):

Meaning Making ◽

Urban Economy ◽

Ecological Approach ◽

Top Down ◽

Market Making ◽

Bottom Up ◽

Creative City ◽

Local Contexts ◽

Alternative Spaces

This chapter rejects the binary between top-down and bottom-up approaches to the creative city. It argues that we need to pay greater attention to the ‘grey spaces’ in the cultural urban economy, where a range of engagement practices are being undertaken by local cultural organisations under difficult circumstances. This chapter re-appropriates the vocabulary of ‘cultural intermediation’ to reveal, revalue and reassess the role of cultural organisations that operate within local contexts to bridge between formal and informal ways of understanding culture and creativity. It shows how local organisations are engaged in meaning making, market making, community making and making do under conditions of austerity. We need a more ecological approach to the creative city, in which alternative spaces, practices and norms are made visible and valued

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Market Making and the Role of Intermediary Firms in Marketing of Genetically Modified Livestock Products

Asian Journal of Economics Business and Accounting ◽

10.9734/ajeba/2019/v12i130141 ◽

2019 ◽

pp. 1-11

Author(s):

Morteza Haghiri

Keyword(s):

Fundamental Problem ◽

New Technology ◽

Policy Implications ◽

Market Making ◽

Research Investment ◽

Research Sector ◽

Consumer Markets ◽

Decentralized Markets ◽

Livestock Products

Agricultural biotechnology, by changing the process of agricultural production in the agri-food sector has posed serious challenges for the industry. The fundamental problem was that the biotechnology industry, with tremendous vertical integration from the research sector through to farm gate, has still relied upon decentralized markets to commercialize their products. Their innovations have for the most part been left to find their consumer markets. This work was done by an illustrated review of the existing literature and reports. The major contribution of this study to the economic literature is three-fold. First, it addresses an important issue in marketing GM livestock products. Second, the study discusses the theory of market microstructure in production economics. Third, it provides policy implications for managers and policymakers in the industry. This paper examined the theory of market-making and the role of intermediaries in creating new markets and hypothesizes that without intermediation in the biotechnology market, the optimal market size will not be realized, reducing private research investment and depriving society of the potential social gains of this new technology.

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Economic Patriotism, the Politics of Market-Making, and the Role of the State in Twenty-First-Century Capitalism

Market Liberalism and Economic Patriotism in the Capitalist World-System ◽

10.1007/978-3-030-05186-0_2 ◽

2019 ◽

pp. 9-20 ◽

Cited By ~ 1

Author(s):

Ben Clift

Keyword(s):

The State ◽

First Century ◽

Market Making ◽

Role Of The State ◽

Twenty First Century ◽

Economic Patriotism

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Placing Contemporary Sovereign Debt

Sovereign Debt Diplomacies ◽

10.1093/oso/9780198866350.003.0012 ◽

2021 ◽

pp. 259-281

Author(s):

Giselle Datz

Keyword(s):

Sovereign Debt ◽

Federal Courts ◽

Fragmented Landscape ◽

Market Making ◽

System A ◽

Debt Dynamics ◽

Overlapping Spheres ◽

The Uk ◽

Global Financial System

Since 2003, the battle between holdout creditors and the Argentine government in US courts has inspired a number of judicious studies on its legal underpinnings and repercussions. It has also prompted so-called ‘anti-vulture funds’ laws in countries like the UK, Belgium, and France. Despite these developments, the role of place in debt restructurings has remained relatively neglected. The paper analyses domestic laws protecting foreign debtors from minority holdout litigation and injunctive orders in federal courts that incite contractual changes as part of a fragmented landscape of local, and at times overlapping, spheres of sovereign debt governance, paradoxically embedded in a deeply integrated global financial system. A key finding of this analysis is that while contracts ground debt dynamics in specific jurisdictions (financial centres), they do not reduce uncertainty in the outcomes of sovereign debt restructurings. Moreover, financial centres have functioned not only as sites for private market-making, but also for public experimentation in international debt processes.

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