본문 바로가기
KERD
논문KCI 등재

The Politics of Fiscal Stabilization in Italy (1993-1998): A Historical Case

0

조회

0

다운로드

0

인용

0

참고문헌

키워드

주제분류지역학

초록

This study provides a political analysis of Italian fiscal stabilization between 1993 and 1998 as a historical case of a successful fiscal stabilization, contrasting two competing explanations of Italian fiscal stabilization. One explanation is based on the theoretical perspective to emphasize the effects of domestic political institutions on the process of fiscal stabilization. The other explanation emphasizes the effect of the Italian commitment to the European Union as the external constraint to have enforced political consolidation of fiscal stabilization even in government instability in Italy at that time. This study concludes that the Italian commitment to the European Union was more crucial for achieving fiscal stabilization from 1993 to 1998 than the effects of domestic political institutional changes represented by the 1993 electoral reform.

Abstract

This study provides a political analysis of Italian fiscal stabilization between 1993 and 1998 as a historical case of a successful fiscal stabilization, contrasting two competing explanations of Italian fiscal stabilization. One explanation is based on the theoretical perspective to emphasize the effects of domestic political institutions on the process of fiscal stabilization. The other explanation emphasizes the effect of the Italian commitment to the European Union as the external constraint to have enforced political consolidation of fiscal stabilization even in government instability in Italy at that time. This study concludes that the Italian commitment to the European Union was more crucial for achieving fiscal stabilization from 1993 to 1998 than the effects of domestic political institutional changes represented by the 1993 electoral reform.

참고문헌 (38)

  1. Alesina, Alberto, "Why are Stabilization Delayed?", American Economic Review, 81(5) (1991)
  2. Allum, P. A, "Italy-Republic without Government?" (1973), W. W. Norton &Company. Inc
  3. Apostolides, Anthony D, "Budget Deficits and Debt: A Global Perspective" (1999), Praeger
  4. Back, Hanna, "Commitment Problems in Coalitions: A New Look at the Fiscal Policies Of Multiparty Governments", Political Science Research and Methods, 3(1) (2015)
  5. Beyeler, Michelle, "The Path to Price Stability: An International Comparison" (2007), Haupt Berne
  6. Budge, Ian, "Mapping Policy Preferences: Estimates for Parties, Electors, and Governments 1945-1998" (2001), Oxford University Press
  7. Caul, Mike L, "Parties without Partisans: Political Change in Advanced Industrial Democracies" (2000), Oxford University Press
  8. Italy's Economy in the Eurozone Crisis and Monti's Reform Agenda, "Cencig, Elisa", German Institute for International and Security Affairs, ~ (2012)
  9. D’Alimonte, Robert, "Mixed-Member Electoral Systems: The Best of Both World?" (2001), Oxford University Press
  10. Della Sala, Vincent, "Hollowing out and Hardening the State: European Integration and the Italian Economy", West European Politics, 20(1) (1997)
  11. Della Sala, Vincent, "Euros and Europeans: Monetary Integration and the European Model of Society" (2004), Cambridge University Press
  12. Donovan, Mark, "The Politics of Electoral Reform in Italy", International Political Science Review, 16(1) (1995)
  13. Downs, Anthony, "An Economic Theory of Democracy" (1957), Harper and Brothers
  14. Feiock, Richard C, "The Institutional Collective Action Framework", The Policy Studies Journal, 41(3) (2013)
  15. Felsen, David, "Italian Politics: The Return of Politics" (2000), Berghan
  16. Fernandez, Raquel, "Resistance to Reform: Status quo bias in the presence of individual specific uncertainty", American Economic Review, 81(5) (1991)
  17. Frieden, Jeffry A, "The Political Economy of European Monetary Unification" (2001), Westview Press
  18. Galli, Emma, "The Determinants of Italian Public Deficits Before and After Maastricht", societa italiana di economia pubblica, ~ (2004)
  19. Giavazzi F., "Public Debt Management: Theory and History" (1990), Cambridge University Press
  20. Grilli, Vittorio, "Political and Monetary Institutions and Public Financial Policies in the Industrial Countries", Economic Policy, 6(13) (1991)
  21. Hix, Simon, "Introduction: European Integration and National Political Systems", West European Politics, 23(4) (2000)
  22. Ignazi, Piero, "From Neo-Fascists to Post Fascists? The transformation of the MSI into the AN", West European Politics, 19(4) (1996)
  23. A Historical Public Debt Database, "IMF", ~, pp.Working Paper No. 10 (2016), 245
  24. Kontopoulos, Yianos, "Fiscal Institutions and Fiscal Performance" (1999), The University of Chicago Press
  25. Lassen, David Dreyer, "Fiscal Consolidation in Advanced Industrialized Democracies: Economics, Politics, and Governance" (2010), the Swedish Fiscal Policy Council
  26. Marzinotto, Benedicta, "Deficit and Debt in Industralized Democracies" (2015), Routledge
  27. Marzinotto, Benedicta, "Embedded Macroeconomic Institutions: Italy's Fiscal U-Turn in the 1990s and Beyond", Journal of Common Market Studies, 53(6) (2015)
  28. McCarthy, Patrick, "The Crisis of the Italian State" (1997), St. Martin’s Press
  29. Newell, James L, "Parties and Democracy in Italy" (2001), Ashgate
  30. OECD Economic Survey: Italy 1996-1997, "OECD", OECD, ~ (1997)
  31. Pasquino, Gianfranco, "No Longer A ‘Party State’? Institutions, Power and the Problems of Italian Reform", West European Politics, 20(1) (1997)
  32. Perotti, Roberto, "The Political Economy of Fiscal Consolidation", Scandinavian Journal of Economics, 100(1) (1998)
  33. Persson, Torsten, "Electoral Rules and Government Spending in Parliamentary Democracies", Quarterly Journal of Political Science, 2(2) (2007)
  34. Roubini, Nouriel, "Political and Economic Determinants of Budget Deficits in the Industrial Democracies", European Economic Review, 33(5) (1989)
  35. Sartori, Giovanni, "Parties and Party Systems: A Framework for Analysis" (1976), Cambridge University Press
  36. Sbragia, Alberta, "Transforming Europe: Europeanization and Domestic Change" (2001), Cornell University Press
  37. Scobie, H.M, "The Italian Economy in the 1990s" (1996), Routledge
  38. Tsebelis, George, "Decision Making in Political Systems: Veto Players in Presidentialism, Parliamentarism, Multicameralism and Multipartyism", British Journal of Political Science, 25(3) (1995)

관련 논문AI추천

이 간행물의 다른 논문 (9건)