The Rise and Demise of the New Public Management, 28 10
(See Reinert 1999) The Schumpeterian, innovation-based world cannot be imagined
without a capable state actor. If we follow Carlota Perez' theory of Techno-Economic
Paradigm Shifts (2002), then we are now entering the synergy phase of the
Information and Communication Technology (ICT) surge or Kondratieff , which
requires a particularly active state with strong administrative capacity.
And after all, these insights form much of the basis of the EU's main development
program, the Lisbon Stragegy, which puts innovation as the basis of national and EU
development, thus absolutely requiring a capable state. Even in light of the current
crisis of the EU, as well as of the problems of the Lisbon Strategy's implementation
and ongoing dilution, the centrality of this agenda remains undiminished. One may
even say that since it was primarily the fears of the effects of Globalization (and the
functional elite's disregard of those fears) which caused the crisis, the one strategy
annaabi.ee 
