Decoding the Changing Role of the Neo-Liberal State in a Globalising World: Convergence of Public–Private Partnership in Innovative Governance
| DOI | http://doi.org/10.1177/00195561221103559 |
| Published date | 01 June 2022 |
| Date | 01 June 2022 |
| Subject Matter | Articles |
Decoding the Changing
Role of the Neo-Liberal
State in a Globalising
World: Convergence of
Public–Private Partnership
in Innovative Governance*
Nachiketa Singh1
Abstract
Ever since the concept of territorial nation-state occupied the centre stage of
global politics, the international community has witnessed different political and
economic systems being introduced from time-to-time to cater to the needs
of the global community. Since the inception of the Westphalia State System
(Treaty of Westphalia 1648), nation states have reinvented themselves and re-
imagined their political and economic trajectories to adapt themselves to the
changing needs of time and circumstances. In the contemporary international
political economy, one finds a paradigm shift towards the convergence of inter-
ests between private and public, where the states across the globe are striving
to achieve common good and promote public interest by creating a synergy with
the private stakeholders. This article aims at decoding the circumstances and
explaining the rationale behind the changing role of the state, while redefining
its economic strategy and priorities in the era of globalisation. It further tries
to examine the areas of convergence and issues of divergence in public–private
partnership in pursuit of the goals of development and progress. The conceptual
and theoretical underpinnings of the article are conceived around the philosophy
of liberalism and democracy, on the one hand, and the institutional framework of
free market capitalism, on the other, as envisaged in the doctrine of globalisation.
Article
Indian Journal of Public
Administration
68(3) 367–380, 2022
© 2022 IIPA
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DOI: 10.1177/00195561221103559
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* The article is an extended version of a piece presented by the author in the international
conference on ‘Mapping Governance Innovations in South Asia’ organised by South Asian Network
for Governance Studies, Bangladesh, University of Colombo and Kalindi College, University of Delhi,
on 9–10 April 2021.
1 SGTB Khalsa College, University of Delhi, India.
Corresponding author:
Nachiketa Singh, Associate Professor, SGTB Khalsa College, University of Delhi, New Delhi 110007,
India.
E-mail: nachiketa@sgtbkhalsa.du.ac.in
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