Cargando…
Financial crises and the politics of macroeconomic adjustments /
This book explains why governments respond differently to macroeconomic problems and why necessary reforms are sometimes delayed until a serious financial crisis erupts.
| Clasificación: | Libro Electrónico |
|---|---|
| Autor principal: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
New York :
Cambridge University Press,
[2013]
|
| Colección: | Political economy of institutions and decisions.
|
| Temas: | |
| Acceso en línea: | Texto completo |
MARC
| LEADER | 00000cam a2200000 a 4500 | ||
|---|---|---|---|
| 001 | EBOOKCENTRAL_ocn858903131 | ||
| 003 | OCoLC | ||
| 005 | 20240329122006.0 | ||
| 006 | m o d | ||
| 007 | cr cnu---unuuu | ||
| 008 | 130917s2013 nyu ob 001 0 eng d | ||
| 040 | |a NhCcYBP |b eng |e pn |c N15 |d OCLCO |d CAMBR |d EBLCP |d MHW |d N$T |d CDX |d DEBSZ |d MEAUC |d E7B |d DKDLA |d OCLCQ |d OCLCF |d YDXCP |d CAMBR |d OCLCQ |d UUM |d OCLCA |d YDX |d OCLCQ |d WTU |d OCLCO |d UKAHL |d OCLCQ |d A6Q |d CUS |d OCLCQ |d AJS |d OCLCO |d OCLCQ |d OCLCO |d OCLCQ |d OCLCL | ||
| 020 | |a 9781107294042 |q (electronic bk.) | ||
| 020 | |a 1107294045 |q (electronic bk.) | ||
| 020 | |a 1139236814 |q (electronic bk.) | ||
| 020 | |a 9781139236812 |q (electronic bk.) | ||
| 020 | |z 9781107291256 | ||
| 020 | |z 1107291259 | ||
| 020 | |z 9781107028708 |q (hardback ; |q alk. paper) | ||
| 020 | |z 1107028701 |q (hardback ; |q alk. paper) | ||
| 024 | 7 | |a 10.1017/CBO9781139236812 |2 doi | |
| 029 | 1 | |a DEBSZ |b 400936623 | |
| 029 | 1 | |a DEBSZ |b 405545207 | |
| 029 | 1 | |a NLGGC |b 369863984 | |
| 029 | 1 | |a NZ1 |b 15490676 | |
| 029 | 1 | |a AU@ |b 000066658691 | |
| 035 | |a (OCoLC)858903131 | ||
| 050 | 4 | |a HB3732 |b .W35 2013 | |
| 072 | 7 | |a BUS |x 039000 |2 bisacsh | |
| 072 | 7 | |a POL |x 023000 |2 bisacsh | |
| 082 | 0 | 4 | |a 339.5 |2 23 |
| 049 | |a UAMI | ||
| 100 | 1 | |a Walter, Stefanie, |e author. | |
| 245 | 1 | 0 | |a Financial crises and the politics of macroeconomic adjustments / |c Stefanie Walter, University of Heidelberg. |
| 264 | 1 | |a New York : |b Cambridge University Press, |c [2013] | |
| 300 | |a 1 online resource | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
| 490 | 1 | |a Political economy of institutions and decisions | |
| 588 | 0 | |a Print version record. | |
| 504 | |a Includes bibliographical references and index. | ||
| 520 | |a This book explains why governments respond differently to macroeconomic problems and why necessary reforms are sometimes delayed until a serious financial crisis erupts. | ||
| 505 | 0 | |a Cover -- Financial Crises and the Politics of Macroeconomic Adjustments -- Series -- Dedication -- Title -- Copyright -- Contents -- Figures -- Tables -- Preface -- ONE Introduction -- 1.1 Why Macroeconomic Adjustment Becomes Necessary -- 1.2 How and When Do Policymakers Adjust? Existing Explanations -- 1.2.1 Choosing between Internal and External Adjustment -- 1.2.2 The Timing of Macroeconomic Adjustment -- 1.2.3 Open Questions -- 1.3 The Argument -- 1.3.1 Explaining Voters' Vulnerabilities to Internal and External Adjustment -- 1.3.2 Explaining Government Choices on Type and Timing of Macroeconomic Adjustment -- 1.4 The Plan of the Book -- TWO Individual Vulnerability to Macroeconomic Adjustment -- 2.1 The Distributional Effects of External Adjustment -- 2.1.1 Direct Effects of External Adjustment on Voters -- 2.1.1.1 Relative Price Effects: Purchasing Power Concerns -- 2.1.1.2 The Financial Side: Personal Balance Sheet Concerns -- 2.1.2 Indirect Effects of External Adjustment on Voters -- 2.1.2.1 Employment-Specific Effects: Competitiveness and Financial Concerns Revisited -- 2.1.2.2 General Economic Effects of External Adjustment -- 2.1.3 The Net Effect of External Adjustment on Voters -- 2.2 The Distributional Effects of Internal Adjustment -- 2.2.1 Direct Effects of Internal Adjustment on Voters -- 2.2.1.1 Monetary Tightening: Personal Balance Sheet Concerns -- 2.2.1.2 Contractionary Fiscal Policy: Direct Effects on Voters -- 2.2.1.3 Structural Reform: Direct Effects on Voters -- 2.2.2 Indirect Effects of Internal Adjustment on Voters -- 2.2.2.1 The Employment-Specific Effect of Internal Adjustment -- 2.2.2.2 General Economic Effects of Internal Adjustment -- 2.2.3 The Net Effect of Internal Adjustment on Voters -- 2.3 The Vulnerability Profile and Voters' Preferences on External and Internal Adjustment -- 2.4 Conclusion. | |
| 505 | 8 | |a THREE Direct Vulnerabilities to Adjustment -- 3.1 Voter Evaluations of Economic Policy Outcomes during the 2008-2010 Global Financial and Economic Crisis: Research Design -- 3.1.1 Research Strategy -- 3.1.2 The Dependent Variable: Economic Repercussions of the Crisis -- 3.1.3 Independent Variables: Voter Vulnerabilities and Macroeconomic Adjustment Strategies -- 3.1.3.1 Direct Vulnerability to External Adjustment -- 3.1.3.2 Direct Vulnerability to Internal Adjustment -- 3.1.4 Control Variables and Method -- 3.2 How Exchange Rate Changes Affect Voters Vulnerable to External Adjustment -- 3.3 How Internal Adjustment Affects Voters' Evaluations of the Severity of Crisis Repercussions -- 3.4 Conclusion -- FOUR Indirect Vulnerabilities to Adjustment -- 4.1 How Firms Assess Their Vulnerabilities to Exchange-Rate and Monetary Policy -- 4.1.1 The Data -- 4.1.2 Measuring Firm-Specific Vulnerabilities to Exchange-Rate and Monetary Policy -- 4.1.3 Firm-Level and Country-Level Variation in Vulnerabilities -- 4.2 The Determinants of Firms' Vulnerabilities to External Adjustment -- 4.2.1 Operationalization -- 4.2.2 Method -- 4.2.3 Results -- 4.3 The Determinants of Firms' Vulnerabilities to Internal Adjustment -- 4.3.1 Operationalization and Method -- 4.3.2 Results -- 4.4 Firms' Overall Vulnerabilities to Macroeconomic Adjustment -- 4.4.1 Operationalization and Method -- 4.4.2 Results -- 4.5 Conclusion -- FIVE Interests, Elections, and Policymakers' Incentives to Adjust -- 5.1 To Adjust or Not to Adjust? And If So, When and How? The Government's Decision Problem -- 5.2 The Voter's Viewpoint: Policy Outcomes and Vote Choice -- 5.3 How the Electorate's Vulnerability Profile Affects Policymakers' Choices about the Speed and Type of Adjustment -- 5.3.1 The Timing of Adjustment -- 5.3.2 The Choice of Adjustment Strategies -- 5.4 Conclusion. | |
| 505 | 8 | |a SIX Adjustment in the Asian Financial Crisis -- 6.1 Thailand: Delayed Adjustment and Exchange-Rate Crash -- 6.1.1 Thailand's Policy Response to the Asian Financial Crisis -- 6.1.2 The Distribution of Vulnerabilities in Thailand -- 6.1.2.1 Vulnerability to External Adjustment -- 6.1.2.2 Vulnerability to Internal Adjustment -- 6.1.2.3 The Vulnerability Profile of the Thai Electorate -- 6.1.3 How Vulnerabilities to Adjustment Influenced Policy Choices in Thailand -- 6.1.4 Discussion -- 6.2 Taiwan: Speedy External Adjustment -- 6.2.1 Taiwan's Policy Response to the Asian Financial Crisis -- 6.2.2 The Distribution of Vulnerabilities in Taiwan -- 6.2.2.1 Vulnerability to External Adjustment -- 6.2.2.2 Vulnerability to Internal Adjustment -- 6.2.2.3 The Electorate's Vulnerability Profile in Taiwan -- 6.2.3 How Vulnerabilities to Adjustment Influenced Policy Choices in Taiwan -- 6.2.4 Discussion -- 6.3 Hong Kong: Immediate Internal Adjustment -- 6.3.1 Hong Kong's Policy Response to the Asian Financial Crisis -- 6.3.2 The Distribution of Vulnerabilities in Hong Kong -- 6.3.2.1 Vulnerability to External Adjustment -- 6.3.2.2 Vulnerability to Internal Adjustment -- 6.3.2.3 The Vulnerability Profile of Hong Kong's Electorate -- 6.3.3 How Vulnerabilities to Adjustment Influenced Policy Choices in Hong Kong -- 6.3.4 Discussion -- 6.4 South Korea: Delayed Adjustment and Exchange-Rate Crash -- 6.4.1 South Korea's Policy Response to the Asian Financial Crisis -- 6.4.2 The Distribution of Vulnerabilities in South Korea -- 6.4.2.1 Vulnerability to External Adjustment -- 6.4.2.2 Vulnerability to Internal Adjustment -- 6.4.2.3 The Vulnerability Profile of the South Korean Electorate -- 6.4.3 How Vulnerabilities to Adjustment Influenced Policy Choices in South Korea -- 6.4.4 Discussion -- 6.5 Conclusion -- 6.6 Appendix: List of Interviewees. | |
| 505 | 8 | |a SEVEN Adjustment in Eastern Europe during the Global Financial Crisis -- 7.1 Eastern European Responses to the Global Financial and Economic Crisis -- 7.1.1 Internal Adjustment: The Baltics and Bulgaria -- 7.1.2 Mixed Adjustment Strategies: Hungary and Romania -- 7.1.3 External Adjustment: Czech Republic and Poland -- 7.1.4 Conclusion: Variation in Adjustment Strategies in Eastern Europe -- 7.2 Vulnerabilities to Internal and External Adjustment across Eastern Europe -- 7.2.1 Direct and Indirect Vulnerabilities to External Adjustment -- 7.2.2 Direct and Indirect Vulnerabilities to Internal Adjustment -- 7.2.3 Vulnerability Profiles in Eastern Europe -- 7.3 The Distributional Politics of Adjustment to the Global Financial Crisis -- 7.3.1 Strong Support for Painful Reform: The Baltics and Bulgaria -- 7.3.2 A Mixed Bag: Hungary and Romania -- 7.3.3 Uncontroversial External Adjustment: The Czech Republic and Poland -- 7.4 Conclusion -- EIGHT Conclusions -- 8.1 Agenda for Future Research -- 8.2 Policy Implications -- References -- Index -- Series. | |
| 590 | |a ProQuest Ebook Central |b Ebook Central Academic Complete | ||
| 590 | |a eBooks on EBSCOhost |b EBSCO eBook Subscription Academic Collection - Worldwide | ||
| 650 | 0 | |a Economic stabilization |x Political aspects. | |
| 650 | 0 | |a Financial crises. | |
| 650 | 6 | |a Stabilisation économique |x Aspect politique. | |
| 650 | 7 | |a BUSINESS & ECONOMICS |x Economics |x Macroeconomics. |2 bisacsh | |
| 650 | 7 | |a POLITICAL SCIENCE |x Economic Conditions. |2 bisacsh | |
| 650 | 7 | |a Economic stabilization |x Political aspects |2 fast | |
| 650 | 7 | |a Financial crises |2 fast | |
| 650 | 7 | |a Politische Ökonomie |2 gnd | |
| 650 | 7 | |a Wirtschaftslenkung |2 gnd | |
| 650 | 7 | |a Finanzkrise |2 gnd | |
| 650 | 7 | |a Makroökonomie |2 gnd | |
| 650 | 7 | |a Entscheidungsfindung |2 gnd | |
| 650 | 7 | |a Entscheidungsträger |2 gnd | |
| 650 | 7 | |a Stabilitätspolitik |2 gnd | |
| 650 | 7 | |a Wahlverhalten |2 gnd | |
| 758 | |i has work: |a Financial crises and the politics of macroeconomic adjustments (Text) |1 https://id.oclc.org/worldcat/entity/E39PCGyfBHPW9J4TKP89fTrrMP |4 https://id.oclc.org/worldcat/ontology/hasWork | ||
| 776 | 0 | 8 | |i Print version: |a Walter, Stefanie. |t Financial crises and the politics of macroeconomic adjustments |z 1139236814 |w (DLC) 2013009472 |
| 830 | 0 | |a Political economy of institutions and decisions. | |
| 856 | 4 | 0 | |u https://ebookcentral.uam.elogim.com/lib/uam-ebooks/detail.action?docID=1303673 |z Texto completo |
| 938 | |a Askews and Holts Library Services |b ASKH |n AH37561813 | ||
| 938 | |a Askews and Holts Library Services |b ASKH |n AH26385919 | ||
| 938 | |a Coutts Information Services |b COUT |n 27545362 | ||
| 938 | |a EBL - Ebook Library |b EBLB |n EBL1303673 | ||
| 938 | |a ebrary |b EBRY |n ebr10834282 | ||
| 938 | |a EBSCOhost |b EBSC |n 604631 | ||
| 938 | |a YBP Library Services |b YANK |n 11132884 | ||
| 938 | |a YBP Library Services |b YANK |n 11615900 | ||
| 938 | |a YBP Library Services |b YANK |n 11616115 | ||
| 938 | |a YBP Library Services |b YANK |n 11629790 | ||
| 994 | |a 92 |b IZTAP | ||