Abstract

Governance can be considered a key word of our days just because of its indeterminacy: it can guide us through most of the institutional changes, shifts in the global geography of powers, and new interdisciplinary paths for the research. When used at its beginning, it might mean just a different style of power, less hierarchical, more pluralistic, participated from below, and addressed towards private actors. But governance, with its reliance on experts and theories such as monetarism and public choice, has implied as well a deep change in the political economy, and in the possibilities of democracy.