Economic voting is common around the world, but in many developing countries economic performance is dependent on exogenous international factors.
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Daniela Campello is Associate Professor of Politics at the Brazilian School of Public and Business Administration, Fundação Getúlio Vargas. Her research lies on the frontier of comparative and international political economy, with a focus on the consequences of globalization to domestic politics in emerging economies. She is the author of The Politics of Market Discipline in Latin America (2015), and her work also appears in top political science journals. Daniela was an Oxford-CAF Visiting Fellow of International Economics at the University of Oxford and was previously an Assistant Professor of Politics and International Affairs at Princeton University, New Jersey.
Cesar Zucco is Associate Professor of Politics and Public Policy at the Brazilian School of Public and Business Administration, Fundação Getúlio Vargas. He is co-author of Partisans, Antipartisans, and Nonpartisans (2018) and has published widely in leading political science journals. He studies political behavior, institutions, and ideology in Brazil and in Latin America. He has held visiting appointments at Princeton University, New Jersey, Yale University, Connecticut, and the University of Oxford, and was previously Assistant Professor of Political Science at Rutgers University, New Jersey.
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Hardcover. Etat : new. Hardcover. 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. Economic performance is a strong predictor of political outcomes, but in much of the developing world it is highly dependent on exogenous international factors. Examining implications for democracy, this book is for scholars and students of international and comparative political economy, democratic theory, behavior, and Latin American politics. This item is printed on demand. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. N° de réf. du vendeur 9781108841795
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Hardcover. Etat : new. Hardcover. 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. Economic performance is a strong predictor of political outcomes, but in much of the developing world it is highly dependent on exogenous international factors. Examining implications for democracy, this book is for scholars and students of international and comparative political economy, democratic theory, behavior, and Latin American politics. This item is printed on demand. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability. N° de réf. du vendeur 9781108841795
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