eBook - PDF

The Volatility Curse

Name: The Volatility Curse
ISBN: 9781108898072

Exogenous Shocks and Representation in Resource-Rich Democracies

Daniela Campello,

Cesar Zucco,

English
PDF
Available on iOS & Android

eBook - PDF

The Volatility Curse

Exogenous Shocks and Representation in Resource-Rich Democracies

Daniela Campello,

Cesar Zucco,

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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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 one million books available in our catalogue for you to explore.