
eBook - PDF
The Volatility Curse
Exogenous Shocks and Representation in Resource-Rich Democracies
- 262 pages
- English
- PDF
- Available on iOS & Android
eBook - PDF
The Volatility Curse
Exogenous Shocks and Representation in Resource-Rich Democracies
About this book
The Volatility Curse examines the conditions under which economic voting can (and cannot) function as a mechanism of democratic accountability, challenging existing theories that are largely based on experiences in developed democracies. Drawing on cross-national data from around the world and micro-level evidence from Latin America, Daniela Campello and Cesar Zucco make two broad, related arguments. First, they show that economic voting is pervasive around the world, but in economically volatile developing democracies that are dependent on commodity exports and inflows of foreign capital, economic outcomes are highly contingent on conditions beyond government control, which nonetheless determine relevant political outcomes like elections, popular support, and government transitions. Second, politicians are aware of these misattribution patterns and are often able to anticipate their electoral prospects well before elections. This reduces incumbents' incentives to maximize voter welfare, as anticipated by economic voting theories, and increases the likelihood of shirking, waste, and corruption.
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Information
Table of contents
- Cover
- Half-title page
- Title page
- Copyright page
- Dedication
- Contents
- List of Figures
- List of Tables
- Acknowledgments
- 1 Introduction: Representation in Volatile Economies
- 2 Economic Vote, Exogenous Shocks, and Representation
- 3 Can an Economic Vote Promote Representation?
- 4 International Conditions and Economic Performancein Latin America
- 5 International Conditions and Presidential Elections
- 6 International Conditions and Popular Supportin Latin America
- 7 Understanding Misattribution of Responsibilityfor the Economy
- 8 Misattribution and Incumbent Behavior
- 9 Pathways to Better Representation
- References
- Index
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Yes, you can access The Volatility Curse by Daniela Campello,Cesar Zucco in PDF and/or ePUB format, as well as other popular books in Politics & International Relations & American Government. We have over 1.5 million books available in our catalogue for you to explore.