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

Chwieroth, Jeffrey and Walter, Andrew (2013) Banking crises and political survival over the long run: why great expectations matter. Vox (10 May 2013)

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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: Newspaper/Magazine Article
Official URL: http://www.voxeu.org/
Additional Information: © 2013 VoxEU.org
Library of Congress subject classification: H Social Sciences > HG Finance
Sets: Departments > International Relations
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 21 Jun 2013 09:06
URL: http://eprints.lse.ac.uk/50906/

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