Portugal’s Leftist Government: From Sick Man to Poster Boy?

Fernandes, Jorge M.; Magalhães, Pedro C.; Santana-Pereira, José

doi:10.1080/13608746.2018.1525914

Cited by 38 publications

(20 citation statements)

References 21 publications

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“…As noted by Fernandes and al. (2018), these measures distributed benefits to crucial party constituencies of all parties involved.…”

Section: A Break From Austerity? the Leftist Coalition September 201supporting

confidence: 65%

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When The Lenders Leave Town: Partisanship, Electoral Calculations and Vested Interests as Determinants of Policy Reversals in Spain and Portugal

Moury¹,

Cardoso²,

Gago³

2019

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To what extent are reforms made under external constraint maintained in the medium term? Under which conditions do decisions-makers reverse those, or alternatively keep them? This articles addresses these questions in Spain and Portugal. It shows that since 2014, 44% of the most important measures adopted under conditionality in both countries have been reverted. Nevertheless, the bulk (90%) of structural reforms enacted during the crisis remained. We also show that the left reverted more than the right; and that the preferences of veto players matter. Using crisp-set qualitative-comparative analysis (QCA), we find that within less than five years all temporary reforms were changed back, and that if businessor employers lobby for a reversal (and the costs to society are not salient), reversals will occur. Another finding is that most reversals are those with the largest electoral payoffs, as (cyclical) reversals always occur when the benefits are visible and concentrated rather than diffuse.

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“…As noted by Fernandes and al. (2018), these measures distributed benefits to crucial party constituencies of all parties involved.…”

Section: A Break From Austerity? the Leftist Coalition September 201supporting

confidence: 65%

“…During this period, many critics in the press and in academia noted that the low budget deficits were possible because of significant reserves and, mostly, at the expense of investments and the financing of welfare state services (see for example Fernandes and al. 2018).…”

Section: A Break From Austerity? the Leftist Coalition September 201mentioning

confidence: 99%

When The Lenders Leave Town: Partisanship, Electoral Calculations and Vested Interests as Determinants of Policy Reversals in Spain and Portugal

Moury¹,

Cardoso²,

Gago³

2019

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“…All these reversals had been part of the programme that the government and its supporting parties had agreed upon. Remarkably, these reversals were all compatible with low budget deficits because of the extra revenues triggered by the decline in interest rates and new taxes, but also thanks to cuts in investment and in the financing of welfare state services (Fernandes, Magalhães & Santana-Pereira 2018).…”

Section: Reversals In Spain Portugal Italy and Greecementioning

confidence: 95%

Beyond Conditionality: Policy Reversals in Southern Europe in the Aftermath of the Eurozone Crisis

Moury

Afonso²

2019

South European Society and Politics

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This article proposes a framework to understand and explain the occurrence of policy reversals. We argue that the occurrence and absence of policy reversals is shaped by the constraints of responsiveness (to voters) and responsibility (vis-à-vis creditors, international institutions and financial markets). We review the literature on reversals and their implications for Southern Europe. We finally summarise the main findings of the contributions in the volume, that address when and why governments prioritise responsiveness or responsibility, as well as the economic consequences of these choices.

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“…Apart from being metropolitan, the electorate of the KE also consists of specialists, entrepreneurs and better-educated people. The age group in which the KE had the greatest support was Fernandes et al, 2018). On the one hand, the country has turned the page on its 2011-2014 crisis, when a financial assistance programme was implemented with painful austerity policies.…”

Section: Resultsmentioning

confidence: 98%

European Parliament Elections 2019

Hennig¹

2019

Political Insight

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Portugal’s Leftist Government: From Sick Man to Poster Boy?

Cited by 38 publications

References 21 publications

When The Lenders Leave Town: Partisanship, Electoral Calculations and Vested Interests as Determinants of Policy Reversals in Spain and Portugal

When The Lenders Leave Town: Partisanship, Electoral Calculations and Vested Interests as Determinants of Policy Reversals in Spain and Portugal

Beyond Conditionality: Policy Reversals in Southern Europe in the Aftermath of the Eurozone Crisis

European Parliament Elections 2019

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