Document Type

Article

Rights

This item is available under a Creative Commons License for non-commercial use only

Disciplines

5.6 POLITICAL SCIENCE

Publication Details

Journal of Australian Political Economy, No. 65, Winter 2010.

Abstract

This article examines the impact of economic crises on macroeconomic

policies in the United States (US), Mexico, Ireland, and Sweden at the

start of the 1980s, framed within the context of the policy change

literature. These countries are selected for examination as they

encompass presidential, parliamentary, republican, constitutional

monarchical, federal and unitary systems of governance. Two are

European states and two are from the Americas: two are large economies

while two are small.

Each country’s response to the crisis affecting it, tempered by historical

and political factors, provides an insight into that political economy.

These findings enable us compare and contrast the nature of each crisis

and the policy responses adopted. The value of such comparison is the

perspective it offers, contributing to the goal of building a body of

increasingly complete explanatory theory (Mahler 1995).

DOI

10.21427/D7S201

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