2014.3.27 教員著作図書
Economic Policy and Performance in Industrial Democracies
| 著者・編者名 |
|---|
| Takayuki Sakamoto |
| 所属(学部） |
| 法学部 政策科学科 |
| 発行年月 |
| 2008年8月 |
| 出版社名 |
| Routledge (New York) |
| 内容 |
| This book is the first systematic study of how the interdependence of fiscal and monetary policies and the interaction of party governments and central banks affect the fiscal-policy mix in 18 industrial democracies in North America, Western Europe, Japan, and Oceania. Sakamoto argues that central banks' influence on economic policy is far more extensive than has been conventionally believed. He demonstrates that central banks systematically affect fiscal policy that is conducted by party governments, and that independent central banks restrain the latter's fiscal policy. This book also examines how government partisanship affects economic policy, and shows that partisan impact is contingent on policy instruments, time periods, and the political-economic environment in which partisan governments make policy. Sakamoto also demonstrates that the economic policy of industrial democracies did really change from the 1960s-1970s to the 1980s-1990s and became conservative as a result of the globalization of the economy and governments' response to it. But he argues that despite the neoliberal policy shift, globalization has not diminished the role of domestic politics in economic policy |
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