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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.
In Mass Politics in Tough Times, the eminent political scientists Larry Bartels and Nancy Bermeo have gathered a group of leading scholars to analyze the political responses to the Great Recession in the US, Western Europe, and East-Central Europe.
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.
A study of party competition in Europe since 2008 aids understanding of the recent, often dramatic, changes taking place in European politics.
The recent recession has brought fiscal policy back to the forefront, with economists and policy makers struggling to reach a consensus on highly political issues like tax rates and government spending. At the heart of the debate are fiscal multipliers, whose size and sensitivity determine the power of such policies to influence economic growth. Fiscal Policy after the Financial Crisis focuses on the effects of fiscal stimuli and increased government spending, with contributions that consider the measurement of the multiplier effect and its size. In the face of uncertainty over the sustainability of recent economic policies, further contributions to this volume discuss the merits of alternate means of debt reduction through decreased government spending or increased taxes. A final section examines how the short-term political forces driving fiscal policy might be balanced with aspects of the long-term planning governing monetary policy. A direct intervention in timely debates, Fiscal Policy after the Financial Crisis offers invaluable insights about various responses to the recent financial crisis.
Documents the waves of protest that spread across Europe in the wake of the Great Recession.
The global economic downturn that followed the collapse of major US financial institutions is no doubt the most significant crisis of our times. Its effects on corporate and governmental balance sheets have been devastating, as have been its impacts on the employment and well being of tens of millions of citizens. It continues to pose major challenges to national policymakers and institutions around the world. Managing public uncertainty and anxiety is vital in coping with financial crises. This requires not just prompt action but, most of all, persuasive communication by government leaders. At the same time, the very occurrence of such crises raises acute questions about the effectiveness and robustness of current government policies and institutions. With the stakes being so high, defining and interpreting what is going on, how and why it happened, and what ought to be done now become key questions in the political and policy struggles that crises invariably unleash. In this volume, we study how heads of government, finance ministers and national bank governors in eight countries as well as the EU engage in such 'framing contests', and how their attempts to interpret the cascading events of the economic downturn were publicly received. Using systematic content analysis of speeches and media coverage, this volume offers a unique comparative assessment of public leadership in times of crisis.
Protest is a ubiquitous and richly varied social phenomenon, one that finds expression not only in modern social movements and political organizations but also in grassroots initiatives, individual action, and creative works. It constitutes a distinct cultural domain, one whose symbolic content is regularly deployed by media and advertisers, among other actors. Yet within social movement scholarship, such cultural considerations have been comparatively neglected. Protest Cultures: A Companion dramatically expands the analytical perspective on protest beyond its political and sociological aspects. It combines cutting-edge synthetic essays with concise, accessible case studies on a remarkable array of protest cultures, outlining key literature and future lines of inquiry.
This collective volume - with contributions from experts on these regions - examines broader questions about the current crises (The Great Recession and The Commodity Crisis) and the associated changes in political representation in both regions. It provides a general overview of political representation studies in Southern Europe and Latin America and builds bridges between the two traditions of political representation studies, affording greater understanding of developments in each region and promote future research collaboration between Southern Europe and Latin America. Finally, the book addresses questions of continuity and change in patterns of political representation after the onset of the two economic crises, specifically examining issues such as changes in citizens’ democratic support and trust in political representatives and institutions, in-descriptive representation (in the sociodemographic profile of MPs) and in-substantive representation (in the link between voters and MPs in terms of ideological congruence and/or policy/issue orientations). This book will be of key interest to scholars and students of political elites, political representation, European and Latin American politics/studies, and more broadly to comparative politics.
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.