Towards Contemporary Theorizing: Secularization, the ‘Religious Economy’ and Globalization

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Orlando Woods

This paper reframes the theory of religious economy by developing an understanding of the effects of transnational religious influence on religious marketplaces. In doing so, it highlights the need to rethink the role of regulation in shaping the ways in which religious marketplaces operate. By reinterpreting regulation as the ability of the state to control the extent to which religious groups are able to access resources, it argues that transnational religious networks can enable access to extraneous resources, which, in turn, can enable religious groups to subvert the regulatory prescriptions of the state. Transnational religious influences therefore highlight the porosity of religious economies and the problem of regulating religious marketplaces. Qualitative data are used to demonstrate how Singapore-based churches create and strengthen transnational religious networks with their counterparts in China. These networks enable religious groups to operate with a degree of independence and to overcome regulatory restrictions on (and other limitations to) religious praxis.


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