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9 Aug 2021    Other/ in Press
Raess, Damian


Left-wing austerity during international crises – it’s the financial markets, stupid!

Blog post by Damian Raess published by The Loop, ECPR’s Political Science Blog (2021)

Surprisingly, left governments adopted more conservative fiscal policies than right governments in recent economic crises. These policies were not freely chosen, but imposed by financial markets. Nonetheless, argues Damian Raess, they appear to have dire electoral consequences. Left-leaning voters are increasingly voting with their feet.

Read the full entry by clicking on the link below.

Left-wing austerity during international crises – it’s the financial markets, stupid!