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New public management marketizers versus Neo-Weberian state modernizers? Institutional configurations of social impact bond utilization among 18 OECD countries

Jesse Hajer and Bin Chen

Public Management Review, 2024, vol. 26, issue 9, 2653-2679

Abstract: Social Impact Bonds (SIBs), a New Public Management (NPM)-style commissioning model, contain elements of other reform framings, widening their appeal and potential for variation in differing reform contexts. This study implements a fuzzy-set qualitative comparative analysis (fsQCA), seeking configurations explaining SIB uptake across 18 OECD countries. The two high-utilization configurations produce an Anglo-American model of NPM marketizers and a European model of Neo-Weberian State (NWS) modernizers, whereas the four low-utilization configurations include exclusively NWS modernizers and maintainers, suggesting SIBs as a fertile case study of public management reform tools adapting and trajectories merging in differing national administrative cultures and contexts.

Date: 2024
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DOI: 10.1080/14719037.2024.2369789

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