Peter Hall: Will crisis produce a paradigm shift?
In the current issue of Governance (26.2, April 2013), Professor Peter Hall of Harvard University provides a commentary on the possibility of a “new policy paradigm specifying major shifts in economic and policy” following the global financial crisis of 2008-09.
A new paradigm will have to do more than address economic troubles, Hall says. “It will also have to speak to the quintessential political dilemmas of an age in which many have lost faith in the capacities of the state, worry that redistribution to others will mean less for them, and wonder to whom they owe solidarity in a rapidly globalizing world.”
The commentary is part of a special issue marking the twentieth anniversary of Hall’s influential 1993 article, “Policy Paradigms, Social Learning and the State.” Free access to the commentary until April 30.