Public-private partnerships: market development through management reform

Whiteside, Heather

doi:10.1080/09692290.2019.1635514

Cited by 38 publications

(26 citation statements)

References 37 publications

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“…While private enterprise is frequently lionized for taking bold risks, in practice most market actors (even those specializing in high-risk investments) seek to minimize their risk exposure. When the private sector has greater power to set the terms of contracts, or when government has a less sophisticated understanding of risk or is captured by the idea that the private sector can do things better, the result is a transfer of costs and risks to the public sector (Ashton et al, 2012; Siemiatycki and Farooqi, 2012; Whiteside, 2019). Things have not always been this way: relations between public and private finance are dynamic, political, and contingent.…”

Section: The Public-private Interface At the International Scale: Fin...mentioning

confidence: 99%

Reimagining geographies of public finance

August

Cohen

Danyluk

et al. 2021

Progress in Human Geography

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The study of public finance—the role of government in the economy—has faded in geography as attention to private finance has grown. Disrupting the tendency to fetishize private financial power, this article proposes an expanded conception of public finance that emphasizes its role in shaping geographies of inequality. We conceptualize the relationship between public and private finance as a dynamic interface characterized today by asymmetrical power relations, path-dependent policy solutions, the depoliticization of markets, and uneven distributional effects. A reimagined theory and praxis of public finance can contribute to building abolitionist futures, and geographers are well positioned to advance this project.

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Section: The Public-private Interface At the International Scale: Fin...mentioning

confidence: 99%

Reimagining geographies of public finance

August

Cohen

Danyluk

et al. 2021

Progress in Human Geography

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“…The justification for private infrastructure finance depends on the ideological dogma of austerity and the material realities of infrastructural decay that austerity has coproduced over the last 40 years ( Silver, 2019 ; Whiteside, 2019 ). In the United States, reports on the condition of infrastructure are usually titled something to the effect of ‘Our Crumbling Infrastructure’ ( Vincent, 2017 ).…”

Section: Labor Territory and Finance In Infrastructural Naturesmentioning

confidence: 99%

Infrastructural nature

Nelson

Bigger

2021

Progress in Human Geography

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The assertion that ‘ecosystems are infrastructure’ is now common in conservation science and ecosystem management. This article interrogates this infrastructural ontology, which we argue underpins diverse practices of conservation investment and ecosystem management focused on the strategic management of ecosystem functions to sustain and secure human life. We trace the genealogies and geographies of infrastructural nature as an ontology and paradigm of investment that coexists (sometimes in tension) with extractivist commodity regimes. We draw links between literatures on the political economy of ecosystem services and infrastructure and highlight three themes that hold promise for future research: labor, territory, and finance.

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“…By the 1990s, managerial governance was attached to clearly defined interests that were entrenched by the dramatic growth of consultancies and a new managerial class invested in the success of this form of governance. 126 More broadly, the story of NPM is just one aspect of a much wider managerial remaking of global capitalism. It sets the foundation for a broader research agenda on the ways in which the economy, and society more generally, 127 is being restructured along managerial lines.…”

Section: Conclusion: Neoliberal Shock or Managerial Fix?mentioning

confidence: 99%

Neoliberal failures and the managerial takeover of governance

2021

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The history of neoliberalism is a messy attempt to turn theory into practice. Neoliberals struggled with their plans to implement flagship policies of monetarism, fiscal prudence, and public sector privatisation. Yet, inflation was still cut, welfare slashed, and the public sector ‘marketised’. Existing literature often interprets this as neoliberalism ‘failing-forward’, achieving policy goals by whatever means necessary and at great social cost. Often overlooked in this narrative is how far actually existing neoliberalism strayed from the original designs of public choice theorists and neoliberal ideologues. By examining the history of the Thatcher government's public sector reforms, we demonstrate how neoliberal plans for marketisation ran aground, forcing neoliberal governments to turn to an approach of Managed Competition that owed more to practices of postwar planning born in Cold War US than neoliberal theory. Rather than impose a market-like transformation of the public sector, Managed Competition systematically empowered top managers and turned governance into a managerial process; two developments that ran directly against core precepts of neoliberalism. The history of these early failures and adjustments provides vital insights into the politics of managerial governance in the neoliberal era.

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Public-private partnerships: market development through management reform

Cited by 38 publications

References 37 publications

Reimagining geographies of public finance

Reimagining geographies of public finance

Infrastructural nature

Neoliberal failures and the managerial takeover of governance

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