Author: Pedro Magalhães
Publisher: Routledge
ISBN: 1317514998
Category : Political Science
Languages : en
Pages : 154
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Book Description
This book examines the domestic electoral consequences of the economic and financial crisis in Europe, particularly in those countries where the crisis manifested itself more devastatingly: the Southern European countries of Greece, Italy, Portugal, and Spain, as well as Iceland and Ireland. On the surface, the electoral consequences of the crisis seem largely similar, having resulted, in these countries, in large electoral losses for incumbents, as the most elementary versions of "economic voting" theory would have us expect. However, behind this fundamental similarity, important differences emerge. Whilst in some cases, on the basis of post-election surveys, it is possible to see that the "crisis elections" followed a previous pattern of performance-oriented voters, with no major changes either in known predictors of electoral choices or in basic party system properties, other elections brought the emergence of new parties, new issues and cleavages, altering patterns of political competition. By examining these different outcomes by comparing the "crisis elections" with previous ones, this book takes into account their timing relative to different stages of crisis. It also scrutinises party strategies and campaign dynamics, particularly as governments attempted (and sometimes succeeded) in framing events and proposals so as to apportion responsibility for economic outcomes. This book was originally published as a special issue of the Journal of Elections, Public Opinion and Parties.
Author: Wolfgang Streeck
Publisher: John Wiley & Sons
ISBN: 0745670083
Category : Political Science
Languages : en
Pages : 465
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Book Description
In a world of increasing austerity measures, democratic politics comes under pressure. With the need to consolidate budgets and to accommodate financial markets, the responsiveness of governments to voters declines. However, democracy depends on choice. Citizens must be able to influence the course of government through elections and if a change in government cannot translate into different policies, democracy is incapacitated. Many mature democracies are approaching this situation as they confront fiscal crisis. For almost three decades, OECD countries have - in fits and starts - run deficits and accumulated debt. As a result, an ever smaller part of government revenue is available today for discretionary spending and social investment and whichever party comes into office will find its hands tied by past decisions. The current financial and fiscal crisis has exacerbated the long-term shrinking government discretion; projects for political change have lost credibility. Many citizens are aware of this situation: they turn away from party politics and stay at home on Election Day. With contributions from leading scholars in the forefront of sociology, politics and economics, this timely book will be of great interest to students and scholars throughout the social sciences as well as general readers.
Author: Mark Blyth
Publisher: Oxford University Press
ISBN: 0199389446
Category : Business & Economics
Languages : en
Pages : 305
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Book Description
Selected as a Financial Times Best Book of 2013 Governments today in both Europe and the United States have succeeded in casting government spending as reckless wastefulness that has made the economy worse. In contrast, they have advanced a policy of draconian budget cuts--austerity--to solve the financial crisis. We are told that we have all lived beyond our means and now need to tighten our belts. This view conveniently forgets where all that debt came from. Not from an orgy of government spending, but as the direct result of bailing out, recapitalizing, and adding liquidity to the broken banking system. Through these actions private debt was rechristened as government debt while those responsible for generating it walked away scot free, placing the blame on the state, and the burden on the taxpayer. That burden now takes the form of a global turn to austerity, the policy of reducing domestic wages and prices to restore competitiveness and balance the budget. The problem, according to political economist Mark Blyth, is that austerity is a very dangerous idea. First of all, it doesn't work. As the past four years and countless historical examples from the last 100 years show, while it makes sense for any one state to try and cut its way to growth, it simply cannot work when all states try it simultaneously: all we do is shrink the economy. In the worst case, austerity policies worsened the Great Depression and created the conditions for seizures of power by the forces responsible for the Second World War: the Nazis and the Japanese military establishment. As Blyth amply demonstrates, the arguments for austerity are tenuous and the evidence thin. Rather than expanding growth and opportunity, the repeated revival of this dead economic idea has almost always led to low growth along with increases in wealth and income inequality. Austerity demolishes the conventional wisdom, marshaling an army of facts to demand that we austerity for what it is, and what it costs us.
Author: Timothy Hellwig
Publisher: Oxford University Press, USA
ISBN: 0198846207
Category : Business & Economics
Languages : en
Pages : 257
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Book Description
The Global Financial Crisis of 2008-2009 was catalyst for the most precipitous economic downturn in eight decades. This book examines how the GFC and ensuing Great Recession affected electoral politics in the world's developed democracies. The initial wave of research on the crisis concluded it did little to change the established relationships between voters, parties, and elections. Yet nearly a decade since the initial shock, the political landscape has changed in many ways, the extent to which has not been fully explained by existing studies. Democracy Under Siege? pushes against the received wisdom by advancing a framework for understanding citizen attitudes, preferences, and behaviour. It makes two central claims. First, while previous studies of the GFC tend to focus on an immediate impact of the crisis, Hellwig, Kweon, and Vowles argue that economic malaise has a long lasting impact. In addition to economic shock, the economic recovery has a significant impact on citizens' assessment of political elites. Second, the authors argue that unanticipated exogenous shocks like the GFC grants party elites an opening for political manoeuvre through public policy and rhetoric. As a result, political elites have a high degree of agency to shape public perceptions and behaviour. Political parties can strategically moderate citizens' economic uncertainty, mobilise/demobilise voters, and alter individuals' political preferences. By leveraging data from over 150,000 individuals across over 100 nationally-representative post-election surveys from the 1990s to 2017, this book shows how economic change during a tumultuous era affected economic perceptions, policy demands, political participation, and the vote. The Comparative Study of Electoral Systems (CSES) is a collaborative program of research among election study teams from around the world. Participating countries include a common module of survey questions in their post-election studies. The resulting data are deposited along with voting, demographic, district, and macro variables. The studies are then merged into a single, free, public dataset for use in comparative study and cross-level analysis. The set of volumes in this series is based on these CSES modules, and the volumes address the key theoretical issues and empirical debates in the study of elections and representative democracy. Some of the volumes will be organized around the theoretical issues raised by a particular module, while others will be thematic in their focus. Taken together, these volumes will provide a rigorous and ongoing contribution to understanding the expansion and consolidation of democracy in the twenty-first century. Series editors: Hans-Dieter Klingemann and Ian McAllister.
Author: Farnsworth, Kevin
Publisher: Policy Press
ISBN: 144731915X
Category : Political Science
Languages : en
Pages : 224
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Book Description
The 2008 global economic crisis was unprecedented in living memory and its impact on economic and social life immense. Large-scale social policy interventions played a crucial role in helping to mediate the crisis, and yet the welfare state continues to come under attack. A new age of austerity, based more on politics than economics, is threatening to undermine the very foundations of the welfare state. However, as this important book illustrates, there is still room for optimism - resistance to the logic of austerity exists within organisations and governments, and among peoples, demonstrating how essential social policies remain to human progress. The second of a three-book series covering the post-2008 global economic crisis and the period of austerity, this volume draws together edited chapters from leading scholars engaged in the debate and will be equally suitable for academics and other researchers studying international and comparative social policy, as well as upper level undergraduate and postgraduate students.
Author: Laura Basu
Publisher: Routledge
ISBN: 1351714775
Category : Social Science
Languages : en
Pages : 287
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Book Description
The Media and Austerity examines the role of the news media in communicating and critiquing economic and social austerity measures in Europe since 2010. From an array of comparative, historical and interdisciplinary vantage points, this edited collection seeks to understand how and why austerity came to be perceived as the only legitimate policy response to the financial crisis for nearly a decade after it began. Drawing on an international range of contributors with backgrounds in journalism, politics, history and economics, the book presents chapters exploring differing media representations of austerity from UK, US and European perspectives. It also investigates practices in financial journalism and highlights the role of social media in reporting public responses to government austerity measures. They reveal that, without a credible and coherent alternative to austerity from the political opposition, what had been an initial response to the consequences of the financial crisis, became entrenched between 2010 and 2015 in political discourse. The Media and Austerity is a clear and concise introduction for students of journalism, media, politics and finance to the connections between the media, politics and society in relation to the public perception of austerity after the 2008 global financial crash.
Author: G. Karyotis
Publisher: Springer
ISBN: 113736923X
Category : Political Science
Languages : en
Pages : 323
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Book Description
This volume investigates the policies and politics of extreme austerity, setting the crisis in Greece in its global context. Featuring multidisciplinary contributions and an exclusive interview with former Greek Prime Minister George Papandreou, this is the first comprehensive account of the economic crisis at the heart of Europe.
Author: Eva H. Önnudóttir
Publisher: Routledge
ISBN: 0429790686
Category : Political Science
Languages : en
Pages : 198
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Book Description
This book examines to what extent politics in Iceland have been transformed in the aftermath of the 2008 financial crisis. The book focuses on whether the short-term sudden shock caused by the Great Recession has permanently transformed politics, political behaviour and the Icelandic party system or whether its effect was primarily transitory. These questions remain highly relevant to the wider field of political science, as the book examines under what circumstances sudden shocks lead to permanent changes in a political system. As such, the book situates the post-crisis Icelandic case both temporally and comparatively and evaluates to what extent the Iceland experience is reflective of broader patterns found in other Western democracies, particularly those other countries that were also hard hit by the Great Recession (e.g. Greece, Ireland, Portugal, Spain and Italy). This book will be of key interest to scholars and students of Nordic politics, Icelandic politics and society, electoral studies, political parties and party systems, representative democracy, political behaviour and more broadly to European and comparative politics. The Open Access version of this book, available at www.taylorfrancis.com, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.
Author: Whiteley et al
Publisher:
ISBN: 9781107424135
Category :
Languages : en
Pages :
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Book Description
Author: Donatella Della Porta
Publisher: Springer
ISBN: 3319350803
Category : Political Science
Languages : en
Pages : 307
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Book Description
This book analyses protests against the Great Recession in the European periphery. While social movements have long been considered as children of affluent times - or at least of times of opening opportunities - these protests defy such expectations, developing instead in moments of diminishing opportunities in both the economic and the political realms. Can social movement studies still be useful to understanding these movements of troubled times? The authors offer a positive answer to this question, although specify the need to bridge contentious politics with other fields, including political economy. They highlight differences in the social movements’ strength and breadth and attempt to understand them in terms of three sets of dimensions: a) the specific characteristics of the socio-economic crisis and its consequences in terms of mobilization potential; b) the political reactions to it, in what we can define as political opportunities and threats; and c) the social movement cultures and structures that characterize each country. The book discusses these topics through a contextualized analysis of anti-austerity protest in the European periphery.
