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Author : Andrés Rius
Publisher :
Page : 474 pages
File Size : 32,35 MB
Release : 1999
Category : Democracy
ISBN :
Author : Robert J. Franzese, Jr
Publisher : Cambridge University Press
Page : 333 pages
File Size : 44,10 MB
Release : 2002-02-11
Category : Political Science
ISBN : 131658285X
This book synthesizes and extends modern political-economic theory to explain the postwar evolution of macroeconomic policy in developed democracies. Chapters 2-4 study transfers, debt, and monetary/wage policy-making and outcomes, stressing that participation enhances transfer-policy responsiveness to inequality and vice versa, that policy-making veto actors retard fiscal-policy adjustments, inducing greater long-run debt-responses to all other political-economic stimuli, and that monetary policy's nominal and real effects depend, respectively, on the broader political-economic interest-structure and on wage-price bargainers' sectorial composition and coordination. Broadly, the book argues that these developments have exacerbated the distributional conflicts inherent in the policies to which postwar governments had committed while undermining their more-universally desired efficiency-fostering roles. Battles that once raged primarily over policies conducted within postwar-commitment frameworks now rage over the putative 'reforms' of the frameworks that will set the institutional rules within which democratic struggle over macroeconomic policy and free-market competition will continue.
Author : Alberto Alesina
Publisher : World Bank Publications
Page : 46 pages
File Size : 43,24 MB
Release : 1992
Category : Ciclos economicos
ISBN :
Two forces affect the success of stabilization in both dramatic and dictatorial systems: (1) the policymakers' incentive to retain power and (2) society's polarization and the degree of social conflict.
Author : William R. Keech
Publisher : Cambridge University Press
Page : 305 pages
File Size : 23,23 MB
Release : 2013-10-14
Category : Political Science
ISBN : 1107469805
Employing macroeconomic performance as a lens to evaluate democratic institutions, the author uses models of political behavior that allow for opportunism on the part of public officials and shortsightedness on the part of voters to see if democratic institutions lead to inferior macroeconomic performance. We have learned more about how and why democracy can work well or badly in the years since the first edition was published. It was not previously apparent how much the good performance of democracy in the United States was contingent on informal rules and institutions of restraint that are not part of the definition of democracy. Since that first edition, the United States has experienced soaring indebtedness, unintended adverse consequences of housing policy, and massive problems in the financial system. Each of these was permitted or encouraged by the incentives of electoral politics and by limitations on government, the two essential features of democratic institutions.
Author : Paul Whiteley
Publisher : London ; Beverly Hills : Sage Publications
Page : 232 pages
File Size : 39,15 MB
Release : 1986
Category : Business & Economics
ISBN :
Paul Whiteley integrates two fields of study which have traditionally remained separate - public policy analysis and macroeconomic theory. He applies theoretical models from macroeconomics to key issues in public policy analysis. He measures the effects of technological change, the nature of economic growth, and the extent to which government can stimulate productivity and manipulate the economy for electoral purposes. Two dimensions, essential in understanding the political determinants of economic policy, are highlighted: the short- and long-term effects of policies; and the relationship between policy instruments, such as public expenditure, and policy targets, such as full employment. Using cross-sectional and time-series data, Paul Whiteley tests and develops models for assessing policies and their outcomes. His conclusions about government mechanisms for exerting influence on the economy have important implications for public policy and macroeconomic analyses.
Author : Andrei Horlau
Publisher : GRIN Verlag
Page : 19 pages
File Size : 15,89 MB
Release : 2013-04-09
Category : Political Science
ISBN : 3656404135
Seminar paper from the year 2012 in the subject Politics - Topic: Globalization, Political Economics, grade: 2,7, Christian-Albrechts-University of Kiel (Institut für Sozialwissenschaften), course: Governing the crisis: how democracies deal with adverse economic conditions, language: English, abstract: Various economic difficulties and economic crises can be challenges for democratic political systems. In some cases it can lead to social cataclysms and even destruction of political systems. In this connection, different political actors offer different programs in order to solve current socio-economic problems. However, according to the modern economic theory the free market economy develops cyclical, and the period of recession always comes after the recovery. There is the conception of political business cycles, which confirm it. Nevertheless political parties often have to carry out the policies and even take part in elections in conditions of economic crises. In some cases they even have to change their programs or significantly correct them in order to keep their voters. In this way, the problem of this term paper is the following one: what are the implications for political parties if they stand for elections in times of crises and their behavior towards voters is either opportunistic or ideological? In order to give the answer for this question which is actual for the current European sovereign debt crisis it is first of all necessary to define political business cycle and to describe their models, which also include the concepts of the parties’ behavior as well as their interaction with voters and issues. Then the role of political business cycles in the economic crises will be explained. The understanding of the nature of political business cycles and the activities of political parties in them reveal the implications which the parties face by elections in times of crises. It can be also helpful for overcoming the consequences of the crisis with simultaneously saving of political stability.
Author : Bruno Leoni
Publisher :
Page : 0 pages
File Size : 44,16 MB
Release : 1964
Category :
ISBN :
Author : Alan Marin
Publisher : Routledge
Page : 0 pages
File Size : 14,93 MB
Release : 2013-10-31
Category : Business & Economics
ISBN : 9781135305994
First published in 1990. Routledge is an imprint of Taylor & Francis, an informa company.
Author : Terry Nardin
Publisher : Routledge
Page : 307 pages
File Size : 34,33 MB
Release : 2017-10-02
Category : Political Science
ISBN : 1317376412
The word ‘rationality’ and its cognates, like ‘reason’, have multiple contexts and connotations. Rational calculation can be contrasted with rational interpretation. There is the rationality of proof and of persuasion, of tradition and of the criticism of tradition. Rationalism (and rationalists) can be reasonable or unreasonable. Reason is sometimes distinguished from revelation, superstition, convention, prejudice, emotion, and chance, but all of these also involve reasoning. In politics, three views of rationality – economic, moral, and historical – have been especially important, often defining approaches to politics and political theory such as utilitarianism and rational choice theory. These approaches privilege positive or natural law, responsibilities, or human rights, and emphasize the importance of culture and tradition, and therefore meaning and context. This book explores the understanding of rationality in politics and the relations between different approaches to rationality. Among the topics considered are the limits of rationality, the role of imagination and emotion in politics, the meaning of political realism, the nature of political judgment, and the relationship between theory and practice. This book was originally published as a special issue of Global Discourse.
Author : Barry R. Weingast
Publisher : Oxford University Press, USA
Page : 1112 pages
File Size : 33,67 MB
Release : 2008-06-19
Category : Business & Economics
ISBN : 0199548471
Over its lifetime, 'political economy' has had different meanings. This handbook views political economy as a synthesis of the various strands of social science, treating it as the methodology of economics applied to the analysis of political behaviour and institutions.