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Introduction : Introduction: The Governance of Media Markets
In Telecommunications Politics (1995), Mody and collaborators wrote about the forces and factors that influenced the deregulation and privatization of telecommunication in developing countries, home to two-thirds of the world's population. We focused on the role of intergovernmental organizations like the World Bank, foreign capital, the nation-state and domestic capital. We traced the influences of these forces through national case studies. We warned that privatization alone would not achieve competition, and we urged that state–market relations be conceptualized as adaptive rather than opposed. The real question should be the nature of state intervention rather than how much.
Market-opening telecommunication deregulation has been championed on a global and national scale by growth-oriented industry ...