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After Neoliberalism?The Left and Economic Reforms in Latin America$
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Gustavo A. Flores-Macias

Print publication date: 2012

Print ISBN-13: 9780199891658

Published to Oxford Scholarship Online: May 2012

DOI: 10.1093/acprof:oso/9780199891658.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 06 March 2021

Party Systems and Leftist Governments’ Economic Policies

Party Systems and Leftist Governments’ Economic Policies

(p.60) 3 Party Systems and Leftist Governments’ Economic Policies
After Neoliberalism?

Gustavo Flores-Macías

Oxford University Press

Chapter 3 accounts for the different factors behind variation in leftist governments’ economic policies. First, it advances an explanation of how the type of leftist economic reforms is best explained by the degree to which the party system is institutionalized. In doing so, this chapter develops the causal logic behind the relationship between party system institutionalization and economic policy changes. It then offers a macro-level test of the logic and alternative explanations drawing on empirical evidence. Chapter 3 finds that centripetal dynamics characteristic of institutionalized party systems make the preservation of the status quo more likely. This is due to differences in the type of candidate likely to reach power and parties’ ability to influence the executive’s policies. This finding refines institutionalist explanations based on fragmentation and polarization and challenges accounts based on resource dependence, economic conditions, interest groups, executive power, and depth of neoliberalism.

Keywords:   party systems, institutionalization, centripetal dynamics, fragmentation, polarization, resource dependence, economic conditions, interest groups, executive power, depth of neoliberalism

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