Change and Continuity in Social Policy Responses to Economic Crises in South Korea

Author(s):  
Jae-jin Yang
2014 ◽  
Vol 43 (2) ◽  
pp. 225-246 ◽  
Author(s):  
PETER STARKE ◽  
ALEXANDRA KAASCH ◽  
FRANCA VAN HOOREN

AbstractBased on empirical findings from a comparative study on welfare state responses to the four major economic shocks (the 1970s oil shocks, the early 1990s recession, the 2008 financial crisis) in four OECD countries, this article demonstrates that, in contrast to conventional wisdom, policy responses to global economic crises vary significantly across countries. What explains the cross-national and within-case variation in responses to crises? We discuss several potential causes of this pattern and argue that political parties and the party composition of governments can play a key role in shaping crisis responses, albeit in ways that go beyond traditional partisan theory. We show that the partisan conflict and the impact of parties are conditioned by existing welfare state configurations. In less generous welfare states, the party composition of governments plays a decisive role in shaping the direction of social policy change. By contrast, in more generous welfare states, i.e., those with highly developed automatic stabilisers, the overall direction of policy change is regularly not subject to debate. Political conflict in these welfare states rather concerns the extent to which expansion or retrenchment is necessary. Therefore, a clear-cut partisan impact can often not be shown.


Author(s):  
Amílcar Moreira ◽  
Margarita Léon ◽  
Flavia Coda Moscarola ◽  
Antonios Roumpakis

2021 ◽  
Vol 55 (2) ◽  
pp. 249-260
Author(s):  
Daniel Béland ◽  
Bea Cantillon ◽  
Rod Hick ◽  
Amílcar Moreira

2007 ◽  
Vol 41 (9) ◽  
pp. 1179-1211 ◽  
Author(s):  
Grigore Pop-Eleches

This article analyzes the interaction between economic crises and partisan politics during International Monetary Fund program initiation in Latin America in the 1980s and Eastern Europe in the 1990s. The author argues that economic crises are at least in part in the eye of the beholder, and therefore policy responses reflect the interaction between crisis intensity and the government's partisan interpretation of the crisis, which in turn depends on the nature of the economic crisis and its broader regional and international environment. Using cross-country statistical evidence from the two regions, the article shows that certain types of crises, such as liquidity shortfalls, elicit similar responses across the ideological spectrum and regional contexts. By contrast, debt repayment and domestic crises are more prone to divergent ideological interpretations, but the extent of partisan divergence is context sensitive in that it occurred during the Latin American debt crisis but not in the post-communist transition.


2017 ◽  
pp. 65-93 ◽  
Author(s):  
Mark Baimbridge ◽  
Ioannis Litsios ◽  
Karen Jackson ◽  
Uih Ran Lee

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