Show Summary Details

Page of

PRINTED FROM OXFORD HANDBOOKS ONLINE (www.oxfordhandbooks.com). © Oxford University Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a title in Oxford Handbooks Online for personal use (for details see Privacy Policy and Legal Notice).

date: 17 February 2020

Abstract and Keywords

Compared to other parts of the globe, the advanced capitalist countries of Western Europe, North America, the Antipodes, and Japan share a number of features: economic affluence and security, democratic rule, territorial and ethnic cohesion, and a well-functioning state. These advantages have bequeathed a strong reservoir of support for transforming, as opposed to simply rolling back, state institutions. Globalization, European integration, and economic stagnation combined have certainly led state authorities to cede important economic responsibilities, notably control over the credit system, fiscal and monetary fine-tuning, and ownership of utilities and other public enterprises. But, state officials have forged new responsibilities both within the economy and beyond. They have also cultivated new forms of governance, in particular, multilevel governance and public-private partnerships. However, there remains great public anxiety about the performance and accountability of OECD states, a concern highlighted by the 2008 financial meltdown and the ongoing sovereign debt crisis.

Keywords: state reform, OECD countries, affluent democracies, Western Europe, North America, Antipodes, Australia, New Zealand, neoliberal reforms, political economy

Access to the complete content on Oxford Handbooks Online requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.

Please subscribe or login to access full text content.

If you have purchased a print title that contains an access token, please see the token for information about how to register your code.

For questions on access or troubleshooting, please check our FAQs, and if you can''t find the answer there, please contact us.