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The Great Moderation Revisited : On the Political Economic Origins of Inflation and Disinflation in the Advanced Capitalist World / / by Bob Hancké, Tim Vlandas



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Autore: Hancké Bob Visualizza persona
Titolo: The Great Moderation Revisited : On the Political Economic Origins of Inflation and Disinflation in the Advanced Capitalist World / / by Bob Hancké, Tim Vlandas Visualizza cluster
Pubblicazione: Cham : , : Springer Nature Switzerland : , : Imprint : Palgrave Macmillan, , 2025
Edizione: 1st ed. 2025.
Descrizione fisica: 1 online resource (139 pages)
Disciplina: 327.111
Soggetto topico: International economic relations
Economics
Security, International
Political science
International Political Economy’
Political Economy and Economic Systems
International Security Studies
Political Theory
Altri autori: VlandasTim  
Nota di contenuto: Chapter 1: Understanding macroeconomic regime shifts -- Chapter 2: Post-war growth, employment and inflation -- Chapter 3: Inflation and disinflation in Europe after the Second World War -- Chapter 4: Extending the Argument.
Sommario/riassunto: The sudden, dramatic rise in inflation after the COVID-19 pandemic and the Russian invasion of Ukraine interrupted three low-inflation decades and reignited the question of the causes of and responses to inflation. This book addresses that question by looking back at the emergence of the low-inflation ‘monetarist’ macroeconomic regime in the advanced capitalist economies during the 1980s. While dominant perspectives emphasise new ideas or structural power, this book puts the underlying politics at the centre of the analysis. It combines two processes in that analysis. First, the slow but steady improvement of life chances across the population since the 1950s, which shifted the relative concerns about inflation and unemployment across the population. Second, the strategic responses of political parties, and particularly social-democratic parties, to inflationary shocks in the face of a changing electorate. Case studies of leading European economies and the US underpin the argument. Bob Hancké is Visiting Senior Fellow at the London School of Economics and Political Science, Houghton Street, London WC2A2AE, United Kingdom and Managing Director of PEACS. Tim Vlandas is Associate Professor of Comparative Social Policy at the University of Oxford, Barnett House, 32 Wellington Square, Oxford, OX12ER, United Kingdom. .
Titolo autorizzato: The Great Moderation Revisited  Visualizza cluster
ISBN: 9783032053657
9783032053640
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 9911034944303321
Lo trovi qui: Univ. Federico II
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Serie: Political Science and International Studies