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X-WR-CALNAME;VALUE=TEXT:CES Visiting Scholars Seminar: Economic Downturns and Political Competition since the 1870s
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SUMMARY:CES Visiting Scholars Seminar: Economic Downturns and Political Competition since the 1870s
DESCRIPTION:Visiting Scholars Seminar: New Research on Europe
SPEAKER
Professor of Political Science, Lund University; Visiting Scholar, CES, Harvard University
Relying on new data on the ideology of heads of government in 32 democracies over a period of more than 140 years, this paper shows that short economic downturns, with a single year of falling per-capita consumption or economic output, have more often resulted in shifts to the right than shifts to the left. But long-lasting economic downturns, with more than one consecutive year of falling consumption or output, are different, since they often affect a much greater proportion of the population: compared with short downturns which favor the right, long downturns have more uniform political effects.
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