Ideology is discussed as the missing link between material practices and symbolic constructions in defining institutional logics. Institutional streams are proposed as disembedded institutional logics traveling as ideologies that are taken for granted. They affect specific (inter)action contexts on a global level providing institutional entrepreneurs and workers with symbolic elements to translate into local institutional arrangements. Such translations can give rise to institutional change. Local translation of nonlocal elements advances the interests of the elites of the “sending” institutional context, as well as it may advance those of the receiving one. Dominant transnational streams may or may not coalesce to form a global world order.

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