Wirtschaftspolitischer Handlungsspielraum im Zeitalter der Globalisierung. Eine empirische Untersuchung am Beispiel von Währungskrisen

This article assesses the popular view that currency crises represent a prime example of the constraints that globalization imposes on governments’ policy autonomy. We show that governments in fact have the possibility to respond to speculative pressure in different ways. Whether or not policymakers succumb to this pressure is not solely determined by economic factors but also a question of political considerations. Political preferences, institutions, and events significantly affect policy responses to currency crises. Our results suggest that national governments retain substantial short-run policy autonomy even in highly internationalized policy areas such as monetary and exchange rate policy.     

Candidate Valence and Ideological Positions in U.S. House Elections

We examine the relationship between the valence qualities of candidates and the ideological positions they take in U.S. House elections based on a study of the 2006 midterm elections. Our design enables us to distinguish between campaign and character dimensions of candidate valence and to place candidates and districts on the same ideological scale. Incumbents with a personal‐character advantage are closer ideologically to their district preferences, while disadvantaged challengers take more extreme policy positions. Contrary to conventional wisdom, challengers can reap electoral rewards by taking more extreme positions relative to their districts. We explore a possible mechanism for this extremism effect by demonstrating that challengers closer to the extreme received greater financial contributions, which enhanced their chances of victory. Our results bear on theories of representation that include policy and valence, although the interactions between these two dimensions may be complex and counterintuitive.     

Die Metamorphosen der AfD-Wählerschaft: Von einer euroskeptischen Protestpartei zu einer (r)echten Alternative?

Within a very short time the German party “Alternative für Deutschland” (AfD) was able to position itself as a representative of neglected groups and taboo issues. At the occasion of the federal election 2017, the party received more than ten percent of the votes and is now represented in the German Bundestag. However, it still remains unclear if the AfD will establish itself in the German party landscape in the long-run. Until today, the development of the AfD is marked by continuous quarrels about political positions and leaders. These conflicts and the associated changes may have an important impact on the party’s prospect of establishment. Of particular interest is whether the AfD already has a loyal electorate or the party is primarily elected by volatile voter segments motivated by protest and anti-party-sentiments. Applying a longitudinal perspective the article outlines that the party’s success depends heavily on volatile voter segments. However, a certain increase of loyal voters has also been observed – albeit on a low level.     

Lean models,complex realities: elite interactions in post-conflict democratisation at the local level

Abstract

This article argues that accounting for the complexity of interaction in post-conflict democracy promotion is important to understand how interactions influence post-conflict democratisation. Using the case of democracy promotion in Kosovo, the article uncovers two aspects in interaction processes where accounting for complexity is particularly useful: domestic goals and actor constellations. Taking into account the variety of domestic goals helps to understand how democratic reforms are subverted by domestic elites for the sake of their own domestic agenda. Disentangling the complexity of actor constellations demonstrates that interaction dynamics are shaped by the leverage and the number of international actors involved in the negotiation. The article draws on fine-grained local-level data from Kosovo to illustrate the argument.     

Caught in quicksand? Compliance and legitimacy challenges in using regulatory sandboxes to manage emerging technologies

Regulatory sandboxes have become the latest development in regulatory reform, starting first in financial regulation and now expanding to other sectors. While sandboxes offer notable potential benefits for managing emerging technologies, achieving desirable policy outcomes with this novel regulatory instrument also comes with technical and political challenges. This article offers a framework to characterize regulatory sandboxes in any sector, involving a blend of (1) approval regulation with broad-based standards, (2) restricted discretion by the regulator for specific norms, (3) process-oriented regulation, (4) an outcomes-orientation, and (5) structured regulator–regulatee information sharing or dialogue. Using this model, the article outlines issues in compliance and legitimacy, including in trust and accountability, responsive enforcement, the politics of participation, and post-sandbox oversight. The article concludes by calling for greater scrutiny when considering implementing a sandbox instrument, with attention to sector-specific concerns, and offering directions for empirical evaluation of regulatory sandboxes.     

War & Society,Centeno, Miguel A. and Elaine Enriquez. (Cambridge,UK: Polity Press, 2016).

A bumper sticker on many cars in college and university parking lots proclaims: “WAR IS NOT THE ANSWER.” Most American students and faculty spend their entire time at university without thinking about war, except that they want to avoid it at all cost. Miguel Centeno, the Musgrave Professor of Sociology and International Affairs at Princeton University, and Elaine Enriquez, a research fellow also at Princeton, argue that war has been a normal part of human existence since time immemorial and that it deserves to be studied as a sociopolitical phenomenon in its own right. The authors employ a longue durée comparative approach to demonstrate how war has been responsible for some of humankind’s fundamental institutions and practices, and thus must not be condemned as immoral, irrational, stupid, or evil. War has a history of its own that deserves serious study.