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social science subjects > politics and international relations > governance > political process > political exchange
... > social science subjects > business and management > management settings > business management > governance > political process > political exchange

Preferred term

political exchange  

Definition

  • Governance requires an exchange of resources because resources that are necessary to govern societies are controlled by different actors. In contemporary differentiated societies, governance involves different kinds of actors—such as politicians, bureaucrats, experts, or interest representatives—composing networks of governance and exchanging different kinds of resources, such as money, information, trust, competence, or legitimacy. [Source: Encyclopedia of Governance; Political Exchange]

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https://concepts.sagepub.com/social-science/concept/political_exchange

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