Status quo conservatism, placation, or partisan division? Analysing citizen attitudes towards financial reform in the United States

Name: Status quo conservatism, placation, or partisan division? Analysing citizen attitudes towards financial reform in the United States
Author: Young, K. L., Yağcı, Alper H.

İsim	Status quo conservatism, placation, or partisan division? Analysing citizen attitudes towards financial reform in the United States
Yazar	Young, K. L., Yağcı, Alper H.
Basım Tarihi:	2019-05-04
Basım Yeri	- Taylor & Francis
Konu	Finance, Regulation, Public opinion, Attitudes, Financial crisis, American politics
Tür	Süreli Yayın
Dil	İngilizce
Dijital	Evet
Yazma	Hayır
Kütüphane:	Özyeğin Üniversitesi
Demirbaş Numarası	1356-3467
Kayıt Numarası	8b268220-a5f9-44b9-adf6-9a56b545773b
Lokasyon	International Relations
Tarih	2019-05-04
Örnek Metin	Within the literature on financial governance a key question is why the 2008 financial crisis did not elicit a stronger regulatory reaction than it did - the 'post-crisis stasis' puzzle. We explore a neglected dimension of this puzzle: public attitudes toward financial regulation. Using a variety of survey data of the US public we find that there was persistent support for stronger financial regulation following the crisis, even support for radical reform in some instances, and support continued even after regulatory reform had been enacted. Despite such general sentiment, however, at nearly every stage public attitudes were highly conditional on partisan affiliation - a hugely consequential detail that meant that demand for reform was not channelled into more stringent policy but rather into a highly partisan, status quo protecting political machinery. Our analysis challenges notions of US public attitudes as either conservative in orientation or placated through modest reform, but also highlights the importance of domestic political constraints in shaping financial reform options despite majoritarian support for more robust reform.
DOI	10.1080/13563467.2018.1446923
Cilt	24

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Status quo conservatism, placation, or partisan division? Analysing citizen attitudes towards financial reform in the United States

Yazar Young, K. L., Yağcı, Alper H.

Basım Tarihi 2019-05-04

Basım Yeri - Taylor & Francis

Konu Finance, Regulation, Public opinion, Attitudes, Financial crisis, American politics

Tür Süreli Yayın

Dil İngilizce

Dijital Evet

Yazma Hayır

Kütüphane Özyeğin Üniversitesi

Demirbaş Numarası 1356-3467

Kayıt Numarası 8b268220-a5f9-44b9-adf6-9a56b545773b

Lokasyon International Relations

Tarih 2019-05-04

Örnek Metin Within the literature on financial governance a key question is why the 2008 financial crisis did not elicit a stronger regulatory reaction than it did - the 'post-crisis stasis' puzzle. We explore a neglected dimension of this puzzle: public attitudes toward financial regulation. Using a variety of survey data of the US public we find that there was persistent support for stronger financial regulation following the crisis, even support for radical reform in some instances, and support continued even after regulatory reform had been enacted. Despite such general sentiment, however, at nearly every stage public attitudes were highly conditional on partisan affiliation - a hugely consequential detail that meant that demand for reform was not channelled into more stringent policy but rather into a highly partisan, status quo protecting political machinery. Our analysis challenges notions of US public attitudes as either conservative in orientation or placated through modest reform, but also highlights the importance of domestic political constraints in shaping financial reform options despite majoritarian support for more robust reform.

DOI 10.1080/13563467.2018.1446923

Cilt 24