It is also instructive that with the exception of the findings on leftist and
union strength, the political determinants are not entirely consistent across the
three types of crisis. Thus, all crises are not created equally, even if they share
common roots in the distributional conflicts arising from partisan and sociopolitical
blocs. Interestingly, the only other variable to achieve significance in a
theoretically consistent manner across more than one model is the age of the
democratic regime, an institutional variable that falls outside of much
contemporary thinking on institutions.17 The only other theoretically coherent
finding when one looks across crises is that, as expected, executive strength has its
clearest impact on the outcome most directly linked to government policy, namely
fiscal deficits.
It is also instructive that with the exception of the findings on leftist andunion strength, the political determinants are not entirely consistent across thethree types of crisis. Thus, all crises are not created equally, even if they sharecommon roots in the distributional conflicts arising from partisan and sociopoliticalblocs. Interestingly, the only other variable to achieve significance in atheoretically consistent manner across more than one model is the age of thedemocratic regime, an institutional variable that falls outside of muchcontemporary thinking on institutions.17 The only other theoretically coherentfinding when one looks across crises is that, as expected, executive strength has itsclearest impact on the outcome most directly linked to government policy, namelyfiscal deficits.
การแปล กรุณารอสักครู่..
