AND THE MARKET OF INCENTIVIZED CULTURAL SPONSORSHIPS: AN ANALYSIS FROM ECONOMIC SOCIOLOGY

THE DIFFUSION OF “ECONOMIC LOGIC”: PATTERNS AND DIVERSIFICATION IN THE BRAZILIAN MARKET OF OPINIONS

Three Waves of Social Markets: The Ordoliberal Variety of Neoliberalism in the United Kingdom, 1972–97

While the history of neoliberalism and Thatcherism in the United Kingdom has been the subject of much analysis, the history of ordoliberalism, a German variety of neoliberalism, in the same country is unexplored. Drawing on grey policy literature and archival material from inside party political discourses, this article examines engagements with the core ordoliberal concept of the social market economy in British political discourse and identifies not isolated incidents but a recurrent and sustained engagement from the 1970s to the 1990s. Across this periodisation, social markets, and with it ordoliberalism, appear in three different policy debates, in the Conservative Party, the Social Democratic Party and the Labour Party. This variety of neoliberalism, and its accompanying social and moral thought, features in the legitimation of neoliberalism and neoliberal policies.

INSTITUTIONAL REGULATION OF ECONOMIC GROWTH IN SMALL EU COUNTRIES IN THE CONTEXT OF GLOBALIZATION AND DIGITALIZATION

The institutional-sociological approach views the economy as a system in which the relationships between economic entities are shaped by economic and non-economic factors. Technical and economic factors play an exceptional role in this system. The concept of 'institution' is interpreted very broadly and includes the state, corporations, trade unions, competition, monopolies, taxes, sustainable ways of thinking and legal norms. Those who subscribe to the institutional approach are united by a characteristic methodological principle: an expansive interpretation of the subject of economic theory, otherwise known as the interdisciplinary approach. Unlike the classical school, this school of economic thought focuses not on the processes of production and circulation, but on the system of economic organisation and management, as well as social and historical aspects. According to its proponents, the economy is a playing field. The final outcome of this 'game' is determined by the 'institutions', or parameters, that exist within it. By adjusting these parameters, it is possible to influence the behaviour of the 'players' (who make economic decisions independently). Using the example of the Baltic states and other small European economies, the authors use neo-institutional theory to substantiate the problems associated with the macroeconomic development of small countries. This is because the conditions for economic growth have changed, with intangible costs becoming the most important and determining factor in the development of many EU countries.

The causes of the decline and extinction of public organizations: A case study of Fundap

Abstract This article examines the decline and extinction of the Fundação do Desenvolvimento Administrativo (Fundap), a public organization created to support the modernization of public administration in the State of São Paulo, Brazil. Drawing on a qualitative case study based on document analysis and 33 interviews with key actors, the study identifies a cumulative mechanism of deinstitutionalization that preceded the formal decision to terminate the organization. The findings show that the loss of political-institutional legitimacy, constraints on financial resources, and the erosion of technical and administrative capacity interacted over time, progressively increasing the organization’s vulnerability. By shifting the analytical focus from the termination decision to the organizational trajectory that precedes it, the article contributes to the public administration literature on termination and institutional reorganization. It demonstrates that organizational extinction in the public sector is the culmination of a relational and cumulative process of erosion, rather than merely the outcome of an isolated political decision.

Chinese policy on contemporary art and its influence on the development of “art game”

The study aims to analyze how political directives, market liberalization, and global cultural flows influence the production and dissemination of art in China. Methodologically, the research employs an interdisciplinary approach, integrating sociological analysis (e.g., the theory of cultural capital), economic modeling (e.g., regression analysis of auction trends and demographic data), and comparative cultural studies (juxtaposing Chinese and Western paradigms of art). This approach combines qualitative data (interviews and case studies) with quantitative metrics (statistical correlations of regional differences in market participation and institutional support). The findings reveal systemic asymmetry: state policies oscillate between promoting traditional forms (aligned with cultural preservation) and censoring dissent, while foreign investments introduce hybrid models (e.g., the “Saatchi method”). Practical implications extend to the development of policies fostering inclusivity and digital accessibility (e.g., bridging the gap between rural and urban areas in artistic opportunities), market strategies integrating blockchain-based authentication systems to ensure transparency and trust, and educational reforms addressing gaps in entrepreneurial training for artists. The results hold significant relevance for participants in the global art market, offering insights into hybrid investment models that combine state control with capitalist dynamics, crucial for adapting strategies within regulated cultural systems.

SOCIAL DEVELOPMENT: Economic and Legal Issues