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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Political Parties, Growth and Equality: Conservative and Social Democratic Economic Strategies in the World Economy

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

Boix, Carles
Lange, Peter
Bates, Robert H.

Paperback

Series: Cambridge Studies in Comparative Politics

General Political Science

ISBN10: 0521585953
ISBN13: 9780521585958
Publisher: Cambridge University Press
Published: Jun 13 1998
Pages: 296
Weight: 0.92
Height: 0.80 Width: 5.97 Depth: 8.95
Language: English
Given the increased openness of countries to international trade and financial flows, the general public and the scholarly literature have grown sceptical about the capacity of policy-makers to affect economic performance. Challenging this view, this book shows 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 labour. 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 view of how contemporary democracies work and reinvigorates the claim that they matter.

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