Economic hardship and policy preferences in the eurozone periphery: Evidence from spain
| Autor: | José Fernández-Albertos, Alexander Kuo |
|---|---|
| Přispěvatelé: | Fernández Albertos, José [0000-0001-5325-6710], Fernández Albertos, José |
| Rok vydání: | 2019 |
| Předmět: |
Austerity
Sociology and Political Science business.industry Euro 05 social sciences Public opinion Economic hardship Political behavior 0506 political science Great recession Social group 0502 economics and business Development economics 050602 political science & public administration Spite Economics European politics 050207 economics Economic system Duration (project management) business Common currency |
| Zdroj: | Digital.CSIC. Repositorio Institucional del CSIC instname |
| DOI: | 10.1177/0010414016633224 |
| Popis: | What is the impact of economic suffering on support for euro membership and austerity policies in the Eurozone periphery? This article uses original public opinion and firm surveys conducted in Spain in the midst of the great recession to describe the structure of preferences toward the euro as a common currency and austerity policies, focusing on the specific impact of crisis exposure. We find that in spite of the depth and the duration of the economic crisis, support for Spain’s membership in the Eurozone is strong. However, while economic suffering divides the electorate on support for the euro and austerity, it does not do so for firms. Surprisingly, individuals who have suffered due to the crisis in terms of higher income loss are more skeptical of tax and spend programs but are more critical of the euro. Moreover, individuals who are skeptical of the euro and austerity are demographically distinct groups of people. One implication of our joint individual and firm-level findings is that a coalition to seriously challenge the status quo policy coalition remains difficult. |
| Databáze: | OpenAIRE |
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