Must-Read: Manuel Funke, Moritz Schularick, and Christoph Trebesch: The Political Aftermath of financial Crises: Going to Extremes
Must-Read: The Political Aftermath of financial Crises: Going to Extremes: “Far-right parties are the biggest beneficiaries…
:…of financial crises, while the fractionalisation of parliaments complicates post-crisis governance. These effects are not observed following normal recessions or severe non-financial macroeconomic shocks.