This paper argues against the widely shared assumption that the coordination of markets depends primarily or exclusively on institutions at the level of the nation state. It shows instead that coordination problems of ‘global’ markets can be addressed through a variety of governance...

In the twenty-first century, global business regulation has come of age. In this article, we review the literature on globalization and business regulation from the angle of transnational governance, a recently evolving interdisciplinary field of research. Despite the multiplicity and plurality...

The increasing relevance of transnational governance for the regulation of cross-border economic relations in many public policy fields has given rise to debates about its legitimacy. This paper provides an introduction to normative and empirical approaches and suggests to bridge between them by...