The Great Recession and its aftershocks, including the Eurozone
banking and debt crisis, add up to the worst global economic crisis
since the Great Depression of the 1930s. Although economic
explanations for the Great Recession have proliferated, the
political causes and consequences of the crisis have received less
systematic attention. Politics in the New Hard Times is the first
book to focus on the Great Recession as a political crisis, one
with both political sources and political consequences.
The authors examine variation in crises over time and across
countries, rather than treating these events as undifferentiated
shocks. Chapters also explore how crisis has forced the
redefinition and reinforcement of interests at the level of
individual attitudes and in national political coalitions.
Throughout, the authors stress that the Great Recession is only the
latest in a long history of international economic crises with
significant political effects and that it is unlikely to be the
last.
Contributors: Suzanne Berger, MIT; J. Lawrence Broz, University
of California, San Diego; Peter Cowhey, University of California,
San Diego; Peter A. Gourevitch, University of California, San
Diego; Stephan Haggard, University of California, San Diego; Peter
A. Hall, Harvard University; Miles Kahler, University of
California, San Diego; Peter J. Katzenstein, Cornell University;
Ikuo Kume, Waseda University; David A. Lake, University of
California, San Diego; Megumi Naoi, University of California, San
Diego; Stephen C. Nelson, Northwestern University; Pablo Pinto,
Columbia University; James Shinn, Princeton University"
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