Towards ‘Post-Globalization’? Neoliberalism and Global Governance after the Global Financial Crisis

Author(s): 
Pages: 
42
Item Reference: 
W-2011/1
Publication Date: 
2011
Publication Place: 
Bruges
Publication Language: 
EN
Publisher: 
UNU Institute on Comparative Regional Integration Studies
Series Title: 
UNU-CRIS Working Papers
Working Paper Type: 
Abstract: 

At the global level, the neoliberal paradigm and transnational democracy are alternative ideological political projects: has the global financial crisis produced a shift in the dominant political-economic ideology towards a new era of ‘post-globalization’? Conducted mid-2010, this experiment uses the content analysis software Alceste to systematically uncover the themes emanating from the G-8 and G-20 environmental and financial ministerial meetings and refute the much discussed return to ‘business as usual’ of the year 2010 in the financial realm: from the unique location of this variable on our data-grid, the communiqués for 2010 break with the ‘boom and bust’ logic and yet presents a contradictory passive reliance on market forces to palliate a lingering market failure that can only indicate a temporary position.