Australian Antecedents of the Third Way

New Labour theorists have been prone to identify American New Progressivism as the proximate source of 'third way' ideas. In this article we argue that, if the focus is on the governing practice rather than on the naming of a governing orientation, a case can be made for seeing Australian Labor in government from 1983 to 1996 as a progenitor of third way thinking and as a specific source of New Labour policy development in a number of areas. Taking Stuart White's account of the main dimensions of third way programmatic realignment as our guide, we discuss the success of the Hawke/Keating Labor governments in reducing the direct provider role of state, developing new forms of collective provision, reforming the tax system, making social policy more employment-friendly and creating the institutions of an asset-based egalitarianism. We conclude by pointing out that, whilst there are many common themes in Australian Labor practice and New Labor rhetoric, and some evidence of specific policy transfer from one to the other, a plausible case can also be made for seeing many of the policy initiatives of the Hawke/Keating era as a reworking of an older Australian Labor tradition of regulatory state activism.     

The evolving profile,qualifications and roles of the senior public affairs officer

Leading a public affairs department or function in North America has become increasingly complex, difficult, and valued in the last decade. The knowledge, skills and abilities (KSAs) to perform this role effectively have undergone a transformation and become reflective of the socio‐political challenges entailed in the fast‐moving, global, information‐intensive economy. The top public affairs officer (PAO) will need to be a strategic thinker who can communicate effectively, have unquestioned integrity, maintain an international perspective, be an effective manager, and have the experience and savvy to navigate the trickiest of public policy processes and structures. These positions can be greatly rewarding for those individuals who are up to the task. Copyright © 2002 Henry Stewart Publications.     

Werbung und Unternehmensberatung als „:Treuhänder“: expressiver Werte?

This paper discusses the contribution of Parsons’s theory of professions that focuses on the specific modern relationship between value commitment and rationality to the analysis of the field of advertising and (management) consulting occupations, both being considered to be a new type of professions (named economic communicators of culture). However, there are some differences between the classical professions and these new occupational groups. One main difference is the significance of expressivity: advertisers are concerned with expressive functions of consumerism while consultants are implementing values of self-realization and individualism in the work sphere. Therefore, we refer to both, Parsons’s category of expressive culture and to his theory of symbolic media of interchange where he developed the idea that value-commitments are no longer anchored (internalized) in personality structures and institutionalized in occupational roles, but “circulating”. This idea stresses the role of reputation as a source of professional influence and recognition. The connection of these three elements of Parsons’s theory (professions, expressive culture, symbolic media) will contribute to a better understanding of the significance of these new occupational groups, the economic communicators of culture.     

Shareholder wealth effects of legislative events: The case of airline deregulation

This paper presents empirical evidence about the impact on shareholder wealth of legislative events leading to the enactment of the Airline Deregulation Act of 1978. In contrast to prior regulatory event studies, this paper examines not only the final legislative enactment but also the Congressional hearings that preceded it. No significant effect on shareholder wealth is indicated when averaged across all airline firms and all legislative events. Impact of deregulation, however, was expected to be different for trunk airlines than for local airlines. Moreover, market expectations likely changed with the change in the political climate during the course of deregulation deliberations, from an industry financial health emphasis under a Republican (Ford) administration to a consumer welfare emphasis under a Democratic (Carter) administration. We find that trunk airlines experienced significant positive abnormal returns during the Ford administration, but negative abnormal returns during the Carter administration. In contrast, local airlines exhibited significant negative abnormal returns during both the Ford and Carter eras. Systematic risk of both trunk and local airlines also increased with the change in the political climate.     

Gerrymandering and the Voting Rights Act of 1982: A public choice analysis of turnover in the U.S. House of Representatives

The present paper uses various data sets and statistical techniques to examine the outcome of gerrymandering under the Voting Rights Act of 1982 on turnover rates in the U.S. House of Representatives, as well as the competitiveness in Party primaries for House seats. Evidence presented here suggests that political redistricting at the federal level (namely for U.S. House seats) has tended to favor incumbents in both the Party primaries and general elections. In fact, some results suggest that turnover rates (for 1988) are between 8.9 and 10.3 percentage points lower within states that engaged in such redistricting efforts. Our findings generally support the main tenets of the public choice view of legislator behavior.     

A multinominal logit analysis of the influence of policy variables and board experience on FOMC voting behavior

Previous studies have used probit or logit models to analyze two states of monetary policy (tighter or looser). In this paper we employ multinominal logit to permit Federal Reserve monetary policy to assume one of three alternative states (tighter, looser, or no change) as a function of three independent economic variables (unemployment, real growth, and inflation) and the amount of experience of the Board of Governors. The results indicate that the Federal Reserve reacted differently under Burns, Miller and Volcker and between Volcker's two operating procedures in the formulation of monetary policy.     

The politics of sustainable development: impediments to pollution prevention and policy integration in Canada

Abstract: Sustainable development has been widely hailed in Canadian environmental -policy circles, as has its related goals of promoting pollution prevention and integrating policy across sectoral, jurisdictional, and medium (e.g., air, water, land) boundaries. But such broad support has generally not served to translate sustainability into concrete policy initiatives at the federal or provincial levels. Indeed, most Canadian efforts to foster sustainability appear to be largely symbolic in nature, leaving the bulk of environmental regulatory functions highly fragmented by medium and oriented towards pollution control. In comparison with the United States, it remains much more difficult to discern prevention and integration principles being put into practice in Canada in many important areas of environmental policy. The decentralization of policy-making and the lack of policy entrepreneurship within environment ministries in Canada appear to contribute to this comparatively slower response to the challenge of sustainability. Sommaire: Dans les milieux qui formulent les politiques environnementales au Canada, on chante les louanges du développement durable; on vante aussi ses objectifs de promouvoir la prévention de la pollution et d'integrer les politiques au niveau des secteurs, des territoires administratifs et de I'ensemble des trois milieux: air, eau, terre. Cet appui généralisé n'a cependant pas permis, dans l'ensemble, de traduire la durabilité en initiatives concrètes aux niveaux fédéral et provincial. En fait, la plupart des efforts canadiens favorisant la durabilité semblent avoir un caractère largement symbolique, la plupart des fonctions de réglementation environnementale étant fortement fragmentées selon les milieux (air, eau, terre) et orientées vers le contrôle de la pollution. A l'encontre des États-Unis, on a du mal à voir pratiquer au Canada les principes de la prévention et de l'intégration dans de nombreux domaines de politique environnementale. La décentralisation de la formulation des politiques, ainsi que I'inactivité des ministères de l'environnement dans ce domaine, semble contribuer à cette plus grande lenteur face au défi de la durabilité.