Chwieroth, Jeffrey M., Simpson, Cohen R. and Walter, Andrew (2015) Default and political survival in networked democracies since 1870. VoxEU.org (01 Jun 2015) Opinion Piece.
Full text not available from this repository.Abstract
Many fear that a Greek default would lead voters elsewhere in Europe to favour default over austerity. This column argues that it is more likely to have the opposite effect. Network interdependencies among countries affect the domestic politics of default because defaults are both rare and vivid. Foreign default increases the propensity for voters to punish their governments for failing to repay external private creditors.
| Item Type: | Website (Opinion Piece) |
|---|---|
| Official URL: | http://www.voxeu.org/ |
| Additional Information: | © 2015 The Authors |
| Library of Congress subject classification: | H Social Sciences > HB Economic Theory |
| Sets: | Departments > International Relations Research centres and groups > Systemic Risk Centre |
| Date Deposited: | 23 Sep 2015 08:52 |
| URL: | http://eprints.lse.ac.uk/63668/ |
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