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Proponents of policy instruments often have to justify them to shifting political masters. This article explores the evolution of social investment, both as a policy solution and a set of policy instruments, during a period characterized by political turbulence. Discourse analysis of texts produced by an instrument constituency shows how a constant set of policy instruments are framed as a changing solution to different political problems. This helps us develop the concept of dynamic persistence, which elaborates how the instrument constituency was able to maintain support for their policy instruments by realigning them to different ideological principles.
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Nicholls et al. (2019) studied this question.
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