Please use this identifier to cite or link to this item: http://hdl.handle.net/2440/76543
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Type: Journal article
Title: Building neo-liberal markets and other agendas: the politics of risk management at AusAID
Author: Wanner, T.
Rosser, A.
Citation: Journal of Contemporary Asia, 2012; 42(3):447-463
Publisher: J Contemporary Asia
Issue Date: 2012
ISSN: 0047-2336
1752-7554
Statement of
Responsibility: 
Thomas Wanner & Andrew Rosser
Abstract: This article analyses emerging approaches by donors to risk management, focusing on the case of the Australian Agency for International Development (AusAID). It suggests that AusAID's understanding and management of risk are expressions of particular political and social interests and, subsequently, that its approach to risk management is inherently political in nature. While AusAID's policies and guidelines on risk management identify a wide range of risks as being relevant to the agency's work – including risks to poverty reduction and sustainable development – in practice it has focused on managing risks to the building of neo-liberal markets, both within Australia and in developing countries, and the Australian government's foreign policy objectives. To illustrate these points, we present an analysis of AusAID's approach to risk management in a major economic governance project, the Philippines-Australia Partnership for Economic Governance Reforms. We conclude by indicating ways in which donor approaches to risk management can be revised to give greater attention to the needs of the poor and civil society, while acknowledging that such revisions may be contingent upon prior changes in the structure of power and interest and/or institutional characteristics of aid policy-making processes in donor countries.
Keywords: AusAID; risk management; economic governance; building markets; Philippines; Australia; bilateral assistance
Rights: © 2012 Journal of Contemporary Asia
RMID: 0020120247
DOI: 10.1080/00472336.2012.687632
Appears in Collections:Geography, Environment and Population publications

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