{"id":"https://openalex.org/W2020942877","doi":"https://doi.org/10.1177/1742766507078415","title":"The economic inefficiencies of market liberalization","display_name":"The economic inefficiencies of market liberalization","publication_year":2007,"publication_date":"2007-07-19","ids":{"openalex":"https://openalex.org/W2020942877","doi":"https://doi.org/10.1177/1742766507078415","mag":"2020942877"},"language":"en","primary_location":{"id":"doi:10.1177/1742766507078415","doi":"https://doi.org/10.1177/1742766507078415","is_oa":false,"landing_page_url":"https://doi.org/10.1177/1742766507078415","pdf_url":null,"source":{"id":"https://openalex.org/S121442443","display_name":"Global Media and Communication","issn_l":"1742-7665","issn":["1742-7665","1742-7673"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["anvur-class-a","anvur-scientific","cwts-core","jufo-1","norway-1","poland-70","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310320017","host_organization_name":"SAGE Publishing","host_organization_lineage":["https://openalex.org/P4310320017"],"host_organization_lineage_names":["SAGE Publishing"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Global Media and Communication","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5052782589","display_name":"Aeron Davis","orcid":"https://orcid.org/0000-0003-0915-0294","observed_orcids":["https://orcid.org/0000-0003-0915-0294"]},"institutions":[{"id":"https://openalex.org/I124357947","display_name":"University of London","ror":"https://ror.org/04cw6st05","country_code":"GB","type":"education","lineage":["https://openalex.org/I124357947"]},{"id":"https://openalex.org/I55521800","display_name":"Goldsmiths University of London","ror":"https://ror.org/01khx4a30","country_code":"GB","type":"education","lineage":["https://openalex.org/I124357947","https://openalex.org/I55521800"]}],"countries":["GB"],"is_corresponding":true,"raw_author_name":"Aeron Davis","raw_affiliation_strings":["Goldsmiths College, University of London,"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Goldsmiths College, University of London,","institution_ids":["https://openalex.org/I124357947","https://openalex.org/I55521800"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5052782589"],"corresponding_institution_ids":["https://openalex.org/I124357947","https://openalex.org/I55521800"],"apc_list":{"value":3650,"currency":"USD","value_usd":3650},"apc_paid":null,"fwci":1.3051,"has_fulltext":false,"cited_by_count":15,"citation_normalized_percentile":{"value":0.87541485,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":88,"max":97},"biblio":{"volume":"3","issue":"2","first_page":"157","last_page":"178"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10133","display_name":"News Media Framing and Political Communication","score":0.5644999742507935,"subfield":{"id":"https://openalex.org/subfields/3315","display_name":"Communication"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10133","display_name":"News Media Framing and Political Communication","score":0.5644999742507935,"subfield":{"id":"https://openalex.org/subfields/3315","display_name":"Communication"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13718","display_name":"Media Influence and Politics","score":0.3122999966144562,"subfield":{"id":"https://openalex.org/subfields/3312","display_name":"Sociology and Political Science"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13625","display_name":"Journalism and Media Studies","score":0.04899999871850014,"subfield":{"id":"https://openalex.org/subfields/3315","display_name":"Communication"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/market-liberalization","display_name":"market liberalization","score":0.9710000157356262},{"id":"https://openalex.org/keywords/economic-efficiency","display_name":"economic efficiency","score":0.6700000166893005},{"id":"https://openalex.org/keywords/media-market","display_name":"media market","score":0.6930000185966492},{"id":"https://openalex.org/keywords/financial-media","display_name":"financial media","score":0.4880000054836273},{"id":"https://openalex.org/keywords/london-stock-exchange","display_name":"London Stock Exchange","score":0.9129999876022339},{"id":"https://openalex.org/keywords/financialization","display_name":"financialization","score":0.5429999828338623},{"id":"https://openalex.org/keywords/international-capital-flows","display_name":"international capital flows","score":0.7179999947547913}],"concepts":[{"id":"https://openalex.org/C58823610","wikidata":"https://www.wikidata.org/wiki/Q746418","display_name":"Liberalization","level":2,"score":0.5919289588928223},{"id":"https://openalex.org/C143910263","wikidata":"https://www.wikidata.org/wiki/Q750458","display_name":"Capital market","level":2,"score":0.5112800598144531},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5030691027641296},{"id":"https://openalex.org/C537338633","wikidata":"https://www.wikidata.org/wiki/Q645029","display_name":"Economic liberalization","level":3,"score":0.4895866811275482},{"id":"https://openalex.org/C2776208816","wikidata":"https://www.wikidata.org/wiki/Q3481003","display_name":"Marketization","level":3,"score":0.48188358545303345},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.4573172926902771},{"id":"https://openalex.org/C19244329","wikidata":"https://www.wikidata.org/wiki/Q208697","display_name":"Financial market","level":2,"score":0.44969943165779114},{"id":"https://openalex.org/C91306197","wikidata":"https://www.wikidata.org/wiki/Q45767","display_name":"Competition (biology)","level":2,"score":0.44839397072792053},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.4364158511161804},{"id":"https://openalex.org/C2780299701","wikidata":"https://www.wikidata.org/wiki/Q475000","display_name":"Stock market","level":3,"score":0.42551547288894653},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.3607703149318695},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.3025001287460327},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.2045469880104065},{"id":"https://openalex.org/C191935318","wikidata":"https://www.wikidata.org/wiki/Q148","display_name":"China","level":2,"score":0.10178151726722717},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C18903297","wikidata":"https://www.wikidata.org/wiki/Q7150","display_name":"Ecology","level":1,"score":0.0},{"id":"https://openalex.org/C2780762169","wikidata":"https://www.wikidata.org/wiki/Q5905368","display_name":"Horse","level":2,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C151730666","wikidata":"https://www.wikidata.org/wiki/Q7205","display_name":"Paleontology","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1177/1742766507078415","doi":"https://doi.org/10.1177/1742766507078415","is_oa":false,"landing_page_url":"https://doi.org/10.1177/1742766507078415","pdf_url":null,"source":{"id":"https://openalex.org/S121442443","display_name":"Global Media and Communication","issn_l":"1742-7665","issn":["1742-7665","1742-7673"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["anvur-class-a","anvur-scientific","cwts-core","jufo-1","norway-1","poland-70","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310320017","host_organization_name":"SAGE Publishing","host_organization_lineage":["https://openalex.org/P4310320017"],"host_organization_lineage_names":["SAGE Publishing"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Global Media and Communication","raw_type":"journal-article"},{"id":"pmh:oai:eprints.gold.ac.uk:7549","doi":null,"is_oa":false,"landing_page_url":"https://research.gold.ac.uk/7549/1/Economic%20Inefficiencies.pdf","pdf_url":"https://research.gold.ac.uk/7549/1/Economic%20Inefficiencies.pdf","source":{"id":"https://openalex.org/S4306400496","display_name":"Goldsmiths (University of London)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I166337079","host_organization_name":"Queen Mary University of London","host_organization_lineage":["https://openalex.org/I166337079"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":"","raw_type":"Article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":58,"referenced_works":["https://openalex.org/W141501947","https://openalex.org/W313838908","https://openalex.org/W325872457","https://openalex.org/W569272498","https://openalex.org/W592265620","https://openalex.org/W606929251","https://openalex.org/W627654836","https://openalex.org/W647501823","https://openalex.org/W1490797480","https://openalex.org/W1492867218","https://openalex.org/W1507296906","https://openalex.org/W1508662535","https://openalex.org/W1509653057","https://openalex.org/W1514269658","https://openalex.org/W1519711754","https://openalex.org/W1528784858","https://openalex.org/W1546782176","https://openalex.org/W1560107044","https://openalex.org/W1575017830","https://openalex.org/W1586031613","https://openalex.org/W1586665605","https://openalex.org/W1589010126","https://openalex.org/W1983072116","https://openalex.org/W2007180942","https://openalex.org/W2025023022","https://openalex.org/W2025197678","https://openalex.org/W2029460038","https://openalex.org/W2069172594","https://openalex.org/W2087180164","https://openalex.org/W2105243264","https://openalex.org/W2109459625","https://openalex.org/W2131773668","https://openalex.org/W2141355429","https://openalex.org/W2270611344","https://openalex.org/W2324081453","https://openalex.org/W2500674365","https://openalex.org/W2503366029","https://openalex.org/W2580956560","https://openalex.org/W2604217092","https://openalex.org/W2620731190","https://openalex.org/W2798729141","https://openalex.org/W2798857861","https://openalex.org/W2890164650","https://openalex.org/W3015592095","https://openalex.org/W4232181459","https://openalex.org/W4235851421","https://openalex.org/W4239184767","https://openalex.org/W4245853456","https://openalex.org/W4252900143","https://openalex.org/W4285719527","https://openalex.org/W4294629812","https://openalex.org/W4298197486","https://openalex.org/W4299724975","https://openalex.org/W4300410682","https://openalex.org/W4301385920","https://openalex.org/W4302608484","https://openalex.org/W4388174705","https://openalex.org/W4407828656"],"related_works":["https://openalex.org/W4231478163","https://openalex.org/W6991740806","https://openalex.org/W3121870281","https://openalex.org/W2061030837","https://openalex.org/W1482876385","https://openalex.org/W1604433650","https://openalex.org/W7097391236","https://openalex.org/W2261894512","https://openalex.org/W2232212675","https://openalex.org/W776592612"],"abstract_inverted_index":{"This":[0,71,121],"article":[1],"returns":[2],"to":[3,37,109],"the":[4,24,92,103,111,140],"long-running":[5],"public":[6,31],"service":[7],"versus":[8],"free":[9],"market":[10],"debate":[11],"in":[12,46,56,65,91],"media":[13,32,59,78,88,129],"and":[14,33,41,89,117,130,147],"communications":[15,90],"but":[16],"from":[17],"a":[18,68,124],"rather":[19],"unconventional":[20],"perspective.":[21],"Critics":[22],"of":[23,29,113],"steady,":[25],"globally":[26],"driven":[27],"marketization":[28],"national":[30],"information":[34,131],"services":[35],"tend":[36],"object":[38],"on":[39,51,127],"social":[40],"political":[42],"grounds.":[43,53],"Market":[44],"advocates,":[45],"contrast,":[47],"make":[48],"their":[49],"case":[50],"economic":[52,62,72,151],"Greater":[54],"competition":[55],"markets,":[57,60],"including":[58],"brings":[61],"efficiencies":[63],"which,":[64],"turn,":[66],"are":[67],"`public":[69],"good'.":[70],"assertion":[73],"is":[74,136],"rarely":[75],"scrutinized":[76],"within":[77],"studies.":[79],"The":[80],"study":[81],"presented":[82],"here,":[83],"which":[84],"looks":[85],"at":[86],"financial":[87,115],"London":[93],"Stock":[94],"Exchange":[95],"(LSE),":[96],"does":[97],"just":[98],"this.":[99],"In":[100],"recent":[101],"decades":[102],"LSE":[104,141],"has":[105,122,138],"been":[106],"opened":[107],"up":[108],"accommodate":[110],"needs":[112],"international":[114,118],"institutions":[116],"capital":[119],"flows.":[120],"had":[123],"detrimental":[125],"impact":[126],"its":[128],"systems.":[132],"Such":[133],"liberalization,":[134],"it":[135],"argued,":[137],"made":[139],"less":[142],"economically":[143],"efficient,":[144],"not":[145],"more,":[146],"with":[148],"quite":[149],"negative":[150],"(as":[152],"well":[153],"as":[154],"social)":[155],"consequences.":[156]},"counts_by_year":[{"year":2021,"cited_by_count":2},{"year":2019,"cited_by_count":1},{"year":2017,"cited_by_count":2},{"year":2016,"cited_by_count":1},{"year":2014,"cited_by_count":4},{"year":2013,"cited_by_count":2},{"year":2012,"cited_by_count":1}],"updated_date":"2026-11-04T10:54:05.112534","created_date":"2016-06-24T00:00:00"}
