Abstract
ABSTRACTThis paper analyzes the diffusion of neoliberal policies from the UK to Australia and New Zealand, and then to the Asia-Pacific region. The analytical framework employed is the world systems model developed by Immanuel Wallerstein. The primary focus of attention is the spread of public-private partnerships (PPPs) modelled on the UK Private Finance Initiative (PFI). Despite the demise of the PFI in its country of origin, and repeated failures in Australia and New Zealand, there is still considerable enthusiasm for the model in Australasia reflected in eagerness to export national expertise through aid and financial links.
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