Global Market and Public Governance in Europe
Keywords:Public Governance, Nation-States, Stakeholders, European Union Governance Principles, Global Markets
The relationships between the governance of public bodies and stakeholders is of essential importance, independently of the different administration systems existing in Europe. Therefore the Nation-States are: losing power while maintaining considerable influence; trying to govern the complex dynamic balance between global network pressure and the growing press on local identities. In this scenario, answers coming from Nation-States on governance models go in the dual direction of: developing supra-national institutions to retake their role with respect to global networks; decentralising administrative power to a regional and local level, so to reaffirm their internal legitimacy.
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