What determines government policy responses to banking crises? One prominent analysis of pre-1999 post-war crises claims that democratic governments seek to minimize the public burden of bank insolvency to avoid electoral sanction, and thus are less likely to bail out banks than authoritarian...

The politics of major banking crises has been transformed since the nineteenth century. Analyzing extensive historical and contemporary evidence, Chwieroth and Walter demonstrate that the rising wealth of the middle class has generated 'great expectations' among voters that the government is...

Sovereign default is often associated with the downfall of incumbent governments in democracies. Whilst existing scholarship focuses on the relationship between default and domestic politics and institutions, here we look to the broader international environment wherein repayment and default...

The increasing economic and political importance of East Asia in the global political economy requires a deeper analysis of the nature of the capitalist systems in this region than has been provided by the existing literature on comparative capitalisms. This volume brings together conceptual and...

This chapter outlines political, legal and economic aspects of Australia’s inward foreign investment screening regime, taking account of the historical development of the legislative framework and its practical implementation to date. Australian screening is characterised by high levels of...

The increasing economic and political importance of East Asia in the global political economy requires a deeper analysis of the nature of the capitalist systems in this region than has been provided by the existing literature on comparative capitalisms. This volume brings together conceptual and...

How have the politics of banking crises changed over the long run? Unlike existing static accounts, we offer a dynamic theory emphasizing how the emergence of voters’ “great expectations” after the 1930s concerning crisis prevention and mitigation reshaped the politics of banking crises in...

type="main" xml:lang="en" <title type="main">Abstract</title> <p>Many official and private commentators, particularly in Australia and in the Asian region, argue that the world is heading inexorably towards an ‘Asian Century’. They foresee a fundamental shift of economic and political power away from the West that will...</p>