Description: Why Are Presidential Regimes Bad for the Economy? : Understanding the Link Between Forms of Government and Economic Outcomes, Paperback by McManus, Richard; Ozkan, Gulcin, ISBN 0367692872, ISBN-13 9780367692872, Like New Used, Free shipping in the US Recent evidence suggests that macroeconomic outcomes are inferior in countries operating under presidential regimes compared with those with parliaments, with lower levels of economic growth, higher rates of inflation, and higher levels of income inequality in countries with presidential governments. Despite this, more heads of state look to consolidate and build their executive power. This book considers why presidential regimes, in particular, are so bad for the economy. Throughout th, the authors comprehensively and simultaneously consider the impact of legal, political, and economic institutions on the mechanisms. It is first demonstrated that presidential countries have (on average) inferior outcomes relative to parliamentary states with respect to these institutions and, moreover, with respect to healthcare and human development indicators. Subsequently, th explores the impact of constitutional choice (parliamentary versus presidential) on both institutions and macroeconomic outcomes. It is documented that having a presidential regime induces weaker institutions, but that quality institutions can mitigate some of the negative impacts of such regimes.
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Book Title: Why Are Presidential Regimes Bad for the Economy? : Understanding
Number of Pages: 92 Pages
Publication Name: Why Are Presidential Regimes Bad for the Economy? : Understanding the Link Between Forms of Government and Economic Outcomes
Language: English
Publisher: Routledge
Subject: Economics / Macroeconomics, Constitutions, Economics / General, American Government / National
Publication Year: 2024
Type: Textbook
Item Weight: 6.8 Oz
Subject Area: Political Science, Business & Economics
Author: Gulcin Ozkan, Richard Mcmanus
Item Length: 8.5 in
Item Width: 5.4 in
Series: Routledge Frontiers of Political Economy Ser.
Format: Trade Paperback
