{"title":"Small Countries and the Legend of the Free Market: Austria in the European Context","authors":"lecturer in economics Andrea Grisold","doi":"10.1080/13183222.1998.11008690","DOIUrl":null,"url":null,"abstract":"AbstractOver more than the past decade, there has been a surge of interest in the economic role and potential of the media. Within the context of “Information Society” and other policy initiatives, policymakers as well as investors have placed an increasing stress on the economic role of the media and cultural industries.This paper deals with the de- and reregulation of the mass media sector, and the pros and, in particular, the cons of the market approach. The mass media sector displays typical characteristics of traditional market failure and, at the same time, provides output with strong political relevance. Therefore public policy measures are even more important than in other industries. Historically, state regulation of the media sector (at least in Europe) has been politically and economically broadly accepted. At this time media output was still a “national” good. This paper will show how political and economic changes led to commercialisation and privatisation of the media sector at an internatio...","PeriodicalId":46298,"journal":{"name":"Javnost-The Public","volume":"24 1","pages":"47-61"},"PeriodicalIF":1.7000,"publicationDate":"1998-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"2","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Javnost-The Public","FirstCategoryId":"98","ListUrlMain":"https://doi.org/10.1080/13183222.1998.11008690","RegionNum":3,"RegionCategory":"文学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"COMMUNICATION","Score":null,"Total":0}
引用次数: 2
Abstract
AbstractOver more than the past decade, there has been a surge of interest in the economic role and potential of the media. Within the context of “Information Society” and other policy initiatives, policymakers as well as investors have placed an increasing stress on the economic role of the media and cultural industries.This paper deals with the de- and reregulation of the mass media sector, and the pros and, in particular, the cons of the market approach. The mass media sector displays typical characteristics of traditional market failure and, at the same time, provides output with strong political relevance. Therefore public policy measures are even more important than in other industries. Historically, state regulation of the media sector (at least in Europe) has been politically and economically broadly accepted. At this time media output was still a “national” good. This paper will show how political and economic changes led to commercialisation and privatisation of the media sector at an internatio...
期刊介绍:
Javnost - The Public, an interdisciplinary peer-reviewed social and cultural science journal published by the European Institute for Communication and Culture in association with the Faculty of Social Sciences, University of Ljubljana, addresses problems of the public sphere on international and interdisciplinary levels. It encourages the development of theory and research, and helps understand differences between cultures. Contributors confront problems of the public, public communication, public opinion, public discourse, publicness, publicity, and public life from a variety of disciplinary and theoretical perspectives.