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Political Parties, Growth and Equality Conservative and Social Democratic Economic Strategies in the World Economy

ISBN-10: 0521585953

ISBN-13: 9780521585958

Edition: 1998

Authors: Carles Boix

List price: $36.99
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Description:

Given the increased openness of countries to international trade and financial flows, the general public and the scholarly literature have grown skeptical about the capacity of policy-makers to affect economic performance. Challenging this view, Political Parties, Growth, and Equality shows that the increasingly interdependent world economy and recent technological shocks have actually exacerbated the dilemmas faced by governments in choosing among various policy objectives, such as generating jobs and reducing income inequality, thereby granting political parties and electoral politics a fundamental and growing role in the economy. To make growth and equality compatible, social democrats employ the public sector to raise the productivity of capital and labor. By contrast, conservatives rely on the private provision of investment. Based on analysis of the economic policies of all OECD countries since the 1960s and in-depth examination of Britain and Spain in the 1980s, this book offers a new understanding of how contemporary democracies work.
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Book details

List price: $36.99
Copyright year: 1998
Publisher: Cambridge University Press
Publication date: 6/13/1998
Binding: Paperback
Pages: 296
Size: 6.25" wide x 9.25" long x 1.00" tall
Weight: 0.946
Language: English

Carles Boix is the Robert Garrett Professor of Politics and Public Affairs in the Department of Politics and at the Woodrow Wilson School of Public and International Affairs at Princeton University. His first book, Political Parties, Growth and Equality (Cambridge University Press, 1998), examines the different means through which partisan governments manage the economy in a globalized world. In his more recent work, Democracy and Redistribution (Cambridge University Press, 2003), Boix describes the economic and institutional conditions that lead to democratization. Both books received the William Riker award for the best book on political economy. Boix coedited the Oxford Handbook of Comparative Politics (2007), which has quickly become one of the main works of reference in political science, and has published in the top journals of the discipline, such as the American Political Science Review and World Politics. He is a Guggenheim Fellow and a member of the American Academy of Arts and Sciences.

Introduction
Political parties and the structural conditions of the economy
Supply-side economic strategies in a comparative perspective (I): Public investment and the formation of human capital
Supply-side economic strategies in a comparative perspective (II): The public business sector and tax strategies
The social democratic project: macroeconomic stability and state intervention in Spain
The political and electoral dimensions of the PSOE's economic strategy
Turning around the postwar consensus: defining a new economic framework in Britain
The political and electoral dimensions of the conservative economic strategy
Political parties, electoral coalitions, and domestic institutions
Conclusion