Global corporations and the governance of standards

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Serval ID
serval:BIB_4ECE49938B05
Type
A part of a book
Publication sub-type
Chapter: chapter ou part
Collection
Publications
Institution
Title
Global corporations and the governance of standards
Title of the book
Handbook on Corporations as Global Players
Author(s)
Graz Jean-Christophe
Publisher
E. Elgar
Address of publication
Aldershot
Publication state
Published
Issued date
03/10/2018
Peer-reviewed
Oui
Editor
May Christian, Noelke Andreas
Series
Handbooks of Research on International Political Economy series
Chapter
28
Pages
448-461
Language
english
Abstract
The authority gained by technical standards presumably set in favor of powerful global corporations is one of the contentious issues on which populist movements have capitalised worldwide to engrain a new wave of globalization backlash. This chapter explores to what extent global corporations are able to set standards in their own interests and discusses how such standards exercise a form of alternative authority. In contrast to conventional accounts highlighting welfare costs and benefits of standardization, it forges a global political economy perspective that puts emphasis on the comprehensive foundation of power relations involved in the regulatory authority of standards. It argues that standards reflect a form of hybrid governance over which global corporations have much hold and that increasingly competes with previous rules governing markets, and more generally the social foundations of state power. Despite the lack of fully reliable and systematic data on corporate influence in standard-setting processes, the chapter provides, however, some evidence of the ability of corporate representatives to organize themselves and defend their interests on a truly global level.
Keywords
international standards, global corporations, hybrid power, global governance, regulation, global political economy
Create date
27/01/2017 10:38
Last modification date
13/09/2019 6:08
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