Current interpretation about an end of multilateralism and of neoliberalist globalisation at all lacks a sufficient understanding of international institutions. Neither was multilateralism in the 1990ties a functional problem-solving approach to global crises nor can the growing tendencies...

The paper questions the emphasis proponents of global governance place on form over content as well as their narrow view of hegemony. Their theoretical approach, regime theory, originated in the policy community of internationally oriented capital groups who had gained hegemony within the USA....

In the current debate on globalisation the concept of "re-embedding" plays a prominent role. The authors criticise this term - which derives from Karl Polanyi - and confront it with the approach of "regulation theory". Regulation theory offers a more precise way of analysing the actual...