GRK 765: Markets and Social Systems in Europe

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The graduate program will look into the opening and closing of markets and social systems in the interaction of global orders, European decision-making and national traditions. The processes of Europeanization and globalization are primarily geared toward the opening of markets. More open markets produce tensions, conflicts and crises, whose settlement involves new forms of closures through re-regulation on both a European and a global level. In this way, national forms of market order are getting under pressure of adjustment. At the same time, more open markets have an influence on the regulation of social systems. National traditions of social orders are being changed and complemented with European and global patterns of order. The interaction of developments taking place on several levels produces new, more open and more flexible forms of an order of markets and social systems. The change in markets and the related transformation of social systems form the two pillars of the research program, which are closely intertwined.