Financial Crises and the Politics of Macroeconomic Adjustments PDF Download

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Financial Crises and the Politics of Macroeconomic Adjustments

Financial Crises and the Politics of Macroeconomic Adjustments PDF Author: Stefanie Walter
Publisher: Cambridge University Press
ISBN: 1107028701
Category : Business & Economics
Languages : en
Pages : 273

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Book Description
This book explains why governments respond differently to macroeconomic problems and why necessary reforms are sometimes delayed until a serious financial crisis erupts. It argues that voter vulnerability to different reform strategies varies, and that these vulnerabilities influence the type and timing of governments' policy responses to economic crises. Empirical analyses at both the individual level across a broad range of countries and case studies of national policy responses to financial and economic crises in Asia and Eastern Europe support the argument.