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Globalization and Domestic PoliticsParties, Elections, and Public Opinion$
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Jack Vowles and Georgios Xezonakis

Print publication date: 2016

Print ISBN-13: 9780198757986

Published to Oxford Scholarship Online: March 2016

DOI: 10.1093/acprof:oso/9780198757986.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2022. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use.date: 27 January 2022

Globalization, Government Debt, Government Agency, and Political Efficacy

Globalization, Government Debt, Government Agency, and Political Efficacy

A Cross‐National Comparison

(p.155) 8 Globalization, Government Debt, Government Agency, and Political Efficacy
Globalization and Domestic Politics

Jack Vowles

Oxford University Press

Using inward stocks of foreign direct investment (FDI) averaged over the previous three years as the most appropriate indicator of an ongoing estimate of the insecurities potentially generated by globalization, and country‐level estimates of constraint ‘cues’ from political parties, two alternative scenarios are considered: that constraint perceptions depress political efficacy and popular conceptions of government agency, or that they enhance them because voters value competent government in the face of the challenges posed by a global economy. The effects of alternative but related potential sources of constraint, government debt and membership of the European Union, are also estimated. Data comes from the Comparative Study of Electoral Systems (CSES) Module 3 and a linked expert survey.

Keywords:   globalization, government debt, foreign direct investment, political efficacy, CSES

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