The Volatility Curse - Exogenous Shocks and Representation in Resource-Rich Democracies (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.

General

Imprint:	Cambridge UniversityPress
Country of origin:	United Kingdom
Release date:	November 2020
Authors:	Daniela Campello • Cesar Zucco
Dimensions:	160 x 235 x 20mm (L x W x T)
Format:	Hardcover
Pages:	300
ISBN-13:	978-1-108-84179-5
Categories:	Books > Social sciences > Politics & government > Comparative politics Books > Business & Economics > Economics > Political economy Books > Social sciences > Sociology, social studies > Ethnic studies > General Books > Social sciences > Politics & government > International relations > General Promotions
LSN:	1-108-84179-1
Barcode:	9781108841795

Is the information for this product incomplete, wrong or inappropriate? Let us know about it.

Does this product have an incorrect or missing image? Send us a new image.

Is this product missing categories? Add more categories.

Review This Product

No reviews yet - be the first to create one!