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Despite a widespread fascination with the so called compensation hypothesis – i.e. the proposition that governments have to provide insurance against the risks of open markets to make integration into the international economy politically feasible – there appears to exist a complete lack of...
Persistent link: https://www.econbiz.de/10014159143
Recent macro-level research argues that economic globalisation has negative consequences for electoral turnout as globalisation would constrain the leeway of national governments and thereby render elections less meaningful to voters. This article constitutes the first attempt to analyse the...
Persistent link: https://www.econbiz.de/10014160570
World integration levels influence opportunity costs of maintaining restrictive national trade policies. In an integrated world, restrictive trade policies are more costly than in a context of low overall levels of world market integration. We argue that policy makers can be expected to react to...
Persistent link: https://www.econbiz.de/10013056368
How does globalization's impact on the labor market affect political preferences? This study takes up the strategy of a recent contribution (Margalit 2011a) and studies the local electoral effects of regional job losses due to offshoring. By applying the analytical strategy to German national...
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