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Banking crises and political survival over the long run: why great expectations matter

Chwieroth, Jeffrey ORCID: 0000-0001-8965-0621 and Walter, Andrew (2013) Banking crises and political survival over the long run: why great expectations matter. Vox (10 May 2013). Website.

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Abstract

The economic consequences of financial crises have been systematically explored. Their political consequences haven’t. This column argues that without paying attention to politics, crises will remain poorly understood. After all, politics shapes policy choices, market sentiment and, ultimately, economic outcomes. Evidence from the effects of banking crises over the past century show that crises have a dramatic impact on the survival prospects of governments.

Item Type: Online resource (Website)
Official URL: http://www.voxeu.org/
Additional Information: © 2013 VoxEU.org
Divisions: International Relations
Subjects: H Social Sciences > HG Finance
Date Deposited: 21 Jun 2013 09:06
Last Modified: 01 Oct 2024 04:00
URI: http://eprints.lse.ac.uk/id/eprint/50906

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