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Has economic reform run its course? What potential remains for the resumption of nation-building progress? Contrary to expectations, Canberra is emerging from 20 years of neo-liberalism with disciplined government, ample revenues, an effective regulative apparatus and — perhaps — the capacity for government to steer the economy towards a brighter future. These prospects are weighed against the negative impacts of neo-liberalism on our institutions and then examined from the three viewpoints of: (1) our national political experience; (2) the administrative apparatus; and, (3) popular expectations. This chapter then considers the dynamic energies inherent in the challenges, respectively, of climate change, infrastructure development, and economic policies based on the enhancement of quality of life.

In the wake of economic reform … new prospects for nation-building?