Excerpt
Excerpt
The Electoral Politics of Growth Regimes. Peter Hall, May 17, 2018, Paper, "This paper explores the role of electoral politics in the evolution of postwar growth regimes, understood as the sets of socioeconomic policies that governments adopt in order to pursue economic growth. It charts changes in those growth regimes in the developed democracies across four eras: one of modernization, running from 1950 to 1970, a turbulent interregnum during the 1970s, an era of liberalization from the early 1980s through the end of the century, and a subsequent era of insecurity. I argue that growth regimes respond, not only to changing economic circumstances, but also to specific electoral circumstances. The overarching claim is that the inclination and capacities of democratic governments to pursue distinctive growth regimes depend on the evolution of electoral cleavages and how they condition partisan electoral competition." Link