This book assesses the changing nature of state intervention in the economies of the affluent democracies. Against a widespread understanding that contemporary developments, such as globalization and new technologies, are pressing for a rollback of state regulation in the economy, the book shows that these same forces are also creating new demands and opportunities for state intervention. Thus, state activism has shifted, rather than simply eroded.

State authorities have shifted from a market-steering orientation to a market-supporting one. Chief among the new state missions are: repairing the main varieties of capitalism (liberal, corporatist, and statist); making labor markets and systems of social protection more employment-friendly; recasting regulatory frameworks to permit countries to cross major economic and technological divides; and expanding market competition at home and abroad.

Because the changes from market steering to market support are so controversial and far-reaching, state officials often find themselves making choices that produce clear winners and losers. Such choices require a capacity to act unilaterally and decisively, even in the face of substantial societal opposition. As a result, state activism, autonomy, and occasionally imposition remain essential for meeting the challenges of today's globalizing economy.

The State Aso Rises: The Roots of
Contemporary State Activism
JONAH D0 LEVY
SARIETIES     OF  STATE  IN TERVEN TION
1 The Tansformation of the British State:
Irom Club Governmert to State-Administered
High Modernism                                   31
MICHAEL MORAN
2  The Forgotten Center State Activism and Corporatist
Adjustment in Holland and Germany                57
ANiTON C. HEMERIJCK AND MARK I VAIL
3  Exiting Etatimne? New Directions in State Polic
in France and Japan                              93
JONA   D. LEVY, MARI MI RA, AND GENE PARK
II THE STATE AND SOCIAL GROUPS
"4  The State and the Reconstruction of Industrial
Relatio ns Ifntitutions afer Fordism: Britain and
Fance Compared                                    39
_HRIS HOWELL
SBuilding Finance Capitalism: The Regulatory Politics
of   rporpoate Governance Reform in the United States
and Germany                                      185
JOHN w. CIOFFI
6  From Maternalism to "Employment for All":
State Policies to Promote Women's Employment
across the Affluent Democracies                  230
ANN SHOLA ORLOFF
ItII r. MARKET-IMAKING STATE
7  The State n the Digital Economy                  271
JOHN ZYSMAN AND ABRAHAM NEWMAN
8 Building Global Service Markets: Economic Structure
and State Capacity                               301
PETER COWHEY AND JOHN RICHARDS
9  The Transformation of European Trading States    340
RICHARD H. STEINBERG
The State after Statism: From Market Direction to
Market Support                                   367
jONAH D. LEVY