Political business cycles in a democracy


Term Paper, 2012

16 Pages, Grade: 2,7


Excerpt


Contence

Introduction

I. The approach of political business cycles (PBC)
1. Definitions
2. The models of political business cycles

II. The role of PBC in economic crises
1. The concept of two-period formalization
2. The concept of three-period formalization
3. Factors which define the formalization

III. The implications for political parties in times of crises
1. The implications for opportunistic parties
2. The implications for ideological parties

Conclusion

Literature

Excerpt out of 16 pages

Details

Title
Political business cycles in a democracy
College
Christian-Albrechts-University of Kiel  (Institut für Sozialwissenschaften)
Course
Governing the crisis: how democracies deal with adverse economic conditions
Grade
2,7
Author
Year
2012
Pages
16
Catalog Number
V211860
ISBN (eBook)
9783656404132
ISBN (Book)
9783656407447
File size
509 KB
Language
English
Notes
There are few researches which are directly devoted to the role of the political business cycles (PBC) in economic crises. The given term paper contains the research about the implications which are derived from the PBC and stay before political parties during the times of crises. The definition of the PBC, the different concepts of interactions between voters and parties as well as the role of political business cycles in the crises are revealed. This all serve the base for the revealing of the implications for political parties during the crises which depend on the type of the party.
Keywords
Political business cycles, Krise, Political economy, Types of political parties
Quote paper
B.A. Andrei Horlau (Author), 2012, Political business cycles in a democracy, Munich, GRIN Verlag, https://www.grin.com/document/211860

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