A New Age of Uncertainty
Introduction to Special Issue of Governance, Vol. 25, No. 1, January 2012
6 Pages Posted: 28 Dec 2011 Last revised: 9 Jan 2012
Abstract
This paper is the introduction to a special issue of Governance on the impact of the financial crisis. After a period typified by delegation and technocratic decision-making, we are entering a new phase of governance that is distinguished by the re-concentration of authority, intensified conflict over the ends and means of governmental action, and volatility in policy outputs. The critical point today is not that one paradigm has been replaced by another. Rather, it is that - for the time being - there is no dominant paradigm at all.
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