The two-party system has long characterized American politics, but partisanship as it is understood today is a relatively recent phenomenon. Today, partisanship is not simply based on one's voting record but a totalizing sense of identification with one party over the other. Consequently, the American political climate is more polarized than ever before. Though this fact is often reported with alarm, it may be too soon to determine whether partisanship actually damages democracy. This volume examines what partisanship means today, how this differs from historical partisanship, its contributing factors, and the effect it has on the country.
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"Increasingly integrated global financial markets have been shaken by a series of severe shocks in recent decades, from Mexico's Tequila crisis to the upheavals in the Eurozone. These crises have demonstrated that signs of uncertain local economic and political conditions can result in market fluctuations which in turn cause economic, social, and political instability. Such instability is particularly severe for developing countries that rely heavily on international financial markets for their financial needs. Building credibility in these markets is therefore important for national governments who wish to prevent market panic and capital flight and, ultimately, to achieve stable economic growth. Earlier studies have argued that institutional arrangements that constrain governments and commit them to protecting private property rights and market-friendly policies can send a strong positive signal to the markets about a given country's sovereign credibility. This book argues, however, that the market perception of such credibility-building institutions is significantly contingent on which party governs the country. Formal institutions confer significant credibility-building effects on left-wing governments, whereas less or no significant effects are enjoyed by right-wing governments. And beyond that, any significant changes in a country's institutional landscape--such as a breakdown of democracy or joining an international organization that can influence domestic politics--have particularly strong impact on the credibility of left-wing governments. This argument is supported by a quantitative analysis of sovereign credit ratings data collected from around 90 developing countries from 1980 to 2007, by case studies from South Asia, Eastern Europe and Latin America, and by face-to-face interviews with 24 financial market experts based in Hong Kong, Seoul, and Paris."--Provided by publisher.
Introduction : why study dynamic partisanship? -- Partisanship : meaning and measurement -- Consistent partisanship models -- The United States -- Australia, Canada, and the United Kingdom : the setup -- Australia, Canada, and the United Kingdom : results -- Explaining partisanship dynamics -- Parties and partisanship.
"Details the legal and political history of redistricting since the inception of one person-one vote, documenting its impact on competition, polarization, and partisan fairness, and analyzes options for reform"--Provided by publisher
This volume provides an up-to-date examination of the conceptualisations, causes, and consequences of partisanship, one of the most fundamental concepts in contemporary political science. Presenting a comprehensive account and assessment of partisanship in comparative empirical research, contributors to this volume not only assess past literature in this area, but also advance current debates. Focussing on three key aspects of partisanship, the volume covers theories of partisanship, the dynamics of partisanship and the behavioural consequences of partisanship in both new and established democr.