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Meta Governance of Path Dependencies: Regulation, Welfare, and Markets

Braithwaite, John


Regulation, welfare, and markets grow interdependently, shaping, reinforcing, and supporting each other: markets allow for the expansion of welfare states, and welfare states create demand for regulatory state services that help to solve perceived welfare problems. Crises can drive this path dependency because they create opportunities for growth in markets, regulation, and welfare institutions. The momentum toward interdependent risk of ecological crises, economic crises, and security crises...[Show more]

CollectionsANU Research Publications
Date published: 2020
Type: Journal article
Source: Annals of the American Academy of Political and Social Science


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