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Charlotte Streck, Paul Keenlyside and Moritz von Unger

been struggling to reach common ground regarding the design of future market approaches, their scope, and their function. 24 For years, the discussions centred on what was referred to as ‘New Market Mechanisms’ ( nmm ) on the one hand, and the ‘Framework for Various Approaches’ ( fva ) on the

Charlotte Streck, Moritz von Unger and Nicole Krämer

market approach under Article 6.2, a centralized market mechanism under Article 6.4, and a non-market approach under Article 6.8. Article 6 provides a playing field for negotiators and stakeholders that argue in favor of international carbon pricing and carbon markets as policy instruments. Carbon

David M. Driesen

While the law of climate disruption constitutes a field of positivist study, the normative legal theory of climate disruption remains poorly understood. Many scholars treat climate-disruption law as another branch of neoclassical law and economics. This article argues that this approach does not fit climate law well and proposes an economic dynamic theory that provides a broad and useful framework for thinking about climate-disruption law and many other fields of law.

Gian Luca Burci

growing phenomenon of public-private partnerships in the field of international public health cooperation (PPPs). This trend has been led by the changing political dynamics surrounding international health issues as well as by the perception of the inadequacy of market mechanisms and the inability of

Money, Markets and Trade in Late Medieval Europe

Essays in Honour of John H.A. Munro


Edited by Lawrin Armstrong, Ivana Elbl and Martin Elbl

Assembled in honour of John H. A. Munro (University of Toronto), the volume groups nineteen original studies by a diversified panel of scholars. The essays explore late medieval market mechanisms and associated institutional, fiscal and monetary, organizational, decision-making, legal and ethical issues, as well as various aspects of production, consumption and market integration. The geographical scope stretches from North-Western and Central Europe to North and West Africa, and the individual contributions deal with a variety of local, regional, and long-distance markets and networks. The mix of approaches, cutting-edge archival research, and presentations of current projects addresses the interests of scholars in diverse fields, from economic to social and institutional history. The volume offers a full bibliography of John H. A. Munro’s works.

Social Welfare Responses in a Neoliberal Era

Policies, Practices, and Social Problems


Edited by Mia Arp Fallov and Cory Blad

This book seeks to explore welfare responses by questioning and going beyond the assumptions found in Esping-Andersen’s (1990) broad typologies of welfare capitalism. Specifically, the project seeks to reflect how the state engages, and creates general institutionalized responses to, market mechanisms and how such responses have created path dependencies in how states approach problems of inequality. Moreover, if the neoliberal era is defined as the dissemination and extension of market values to all forms of state institutions and social action, the need arises to critically investigate not only the embeddedness of such values and modes of thought in different contexts and institutional forms, but responses and modes of resistance arising from practice that might point to new forms of resilience.


Xueming Chen

Edited by Lihuan Wu and Baixiang Liu

The worsening environmental crisis has become a serious threat to mankind. The search for a solution to this crisis must begin by understanding its causes. Taking an eco-socialist perspective, The Ecological Crisis and the Logic of Capital explores the logic of capitalism as a fundamental cause of today’s environmental crisis, in particular the thirst for profit and the capitalist mode of production. By demonstrating the inherent antagonism between capital and ecology, this book argues that proposals to resolve the crisis within the capitalist system are utopian, that proposed remedies relying on scientific progress, alternative energies, low-carbon technologies or the introduction of ecological ethics and new attitudes toward Nature into market mechanisms are doomed to failure without a radical overhaul of the principles that govern capitalism.

State and Market in Higher Education Reforms

Trends, Policies and Experiences in Comparative Perspective


Edited by Hans G. Schuetze and Germán Álvarez Mendiola

Universities have never been static. Even so, it is fair to say they have experienced a most radical transformation in the past twenty years. During this period, the role and responsibility of the state generally have been broadly limited while allowing ‘market forces’—private ownership and control—more influence.

But even where the state is still the main provider or funder, it relies increasingly on ‘market mechanisms’, for example contractual relations between state and institutions, competition among providers for resources, and external assessment of ‘outputs’ which means the results or impact of what universities do, in particular teaching and research. The new terminology speaks of price and competition, inputs and outputs, resources, cost and benefits, demand and supply, provider and customer, consumers and investors, quality control and accountability. Education, and post-secondary education especially are increasingly seen as matters for markets. Formal post-secondary education becomes a service, commercialized and traded across national borders.

This volume on changing relationship between state and market, contains, besides an introductory analytic overview of the issues, accounts from different countries, regions, and thematic perspectives. Chapter authors describe and analyze government reforms and other developments that have directly or indirectly affected this relationship. Although the geographical focus is on North America, especially Mexico, South East Asia and Europe, the phenomenon is not limited to these regions and countries but worldwide.


Bei Jin

through industrial transformation and upgrading, and implementing effective governance of the market economy in order to steer economic development, regulated by market mechanisms, in the desired direction. In the new era of economic globalization, the mobility of various essential factors of production


Lijie Fang

expense control or in the transformation of the service model. However, there are still some hope for future development, which represents the future direction. 3.1 Combine Government-Led Operations with Market Mechanism Although a pro-administration reform has been carried out at grassroots medical