Neoliberal Convergence in North America and Western Europe: Fiscal Austerity, Privatization, and Public Sector Reform

Review of International Political Economy, Vol. 19, No. 2, pp. 208-235, May 2012

30 Pages Posted: 2 Aug 2012

See all articles by John Peters

John Peters

CRIMT - Inter-University Research Centre on Globalization and Work, University of Montreal

Date Written: May 2, 2012

Abstract

This article discusses public sector reform in North America and Western Europe. The argument is made that recent comparative literatures have yet to adequately consider governments themselves, and how changes to their budgeting, operation, and collective bargaining structures have affected jobs and income inequality. Drawing on a range of recent OECD and trade union statistics, as well as qualitative studies, it is claimed that governments converged substantially over period 1990-2005, introducing fiscal austerity measure and making substantive changes to public sector management and operation through privatization, marketization, and public-private partnerships. These substantially recast public sector industrial relations and led to job loss, labour market segmentation, and declining public sector labour power. This is the first study to report on comparative changes and qualitative reforms to fiscal policies, public sector services, and public sector labour forces in 13 OECD countries between 1980-2005.

Keywords: Labor policy, public administration, globalization, labor unions, inequality

JEL Classification: J45, J58, P26, P51

Suggested Citation

Peters, John, Neoliberal Convergence in North America and Western Europe: Fiscal Austerity, Privatization, and Public Sector Reform (May 2, 2012). Review of International Political Economy, Vol. 19, No. 2, pp. 208-235, May 2012, Available at SSRN: https://ssrn.com/abstract=2122695

John Peters (Contact Author)

CRIMT - Inter-University Research Centre on Globalization and Work, University of Montreal ( email )

H3T 1J4
2350 Édouard Montpetit 11139
Montréal, Quebec H3T 1J4
Canada

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