The growth of income and wealth inequality has led to greater political influence for the 1 percent. But what are the social policy outcomes of this increasing inequality? In new research, Thomas Hayes and Lyle Scruggs examine support for social safety nets among different income groups as well as the link between state welfare generosity and income inequality. They argue that those with greater wealth are more likely to dislike generous state welfare policies; the greater political influence that these groups now wield may be linked to sharper reductions in state welfare policies.
Credit rating agencies received a great deal of criticism during the Eurozone crisis, but what actually explains the changes that occur in a country’s credit rating? Drawing on new research, Periklis Boumparis, Costas Milas and Theodore Panagiotidis write that ratings agencies have responded differently to low-rated and high-rated Eurozone countries. Regulatory quality and competitiveness have a stronger impact for low rated countries, while GDP per capita is a major driver for high rated countries. The creditworthiness of low rated countries also takes a much bigger ‘hit’ than that of high rated countries when European policy uncertainty is on the rise.
The archetypal populist radical right voter is usually thought of as being male, with female voters less likely to back these parties in elections. But many of these parties have nevertheless drawn on a substantial share of support from women. Outlining results from a recent study, Niels Spierings writes that although there is a gender gap in support for populist radical right parties, focusing on their female supporters can provide a more nuanced understanding of their success.
The so called ‘Troika’ of the European Commission, European Central Bank, and the International Monetary Fund was frequently criticised during the Eurozone crisis on the basis that it had imposed austerity on countries requiring a bailout. But how accurate was this picture in reality? Drawing on new research in Ireland, Rod Hick writes that the nature of Troika supervision was quite different from the popular image: while the deficit reduction targets put Ireland in a fiscal straight-jacket, they allowed room for manoeuvre in terms of the precise tax rises and spending cuts that would be imposed to reduce the deficit.
The Dutch aren’t turning against immigration – the salience of the immigration issue is what drives Wilders’ support
The key story in the 2017 Dutch election campaign so far has been the high levels of support for Geert Wilders’ PVV in opinion polls. But what explains the PVV’s ability to attract voters? James Dennison, Andrew Geddes and Teresa Talò write that although Wilders’ success is frequently linked to hardening views on immigration, attitudes toward immigration in the Netherlands have actually remained fairly stable. The real root of the PVV’s support lies in the salience of the immigration issue itself, partially heightened by media coverage of recent increases in the numbers of migrants entering the country.
What It Takes to Truly Be ‘One of Us’
In U.S., Canada, Europe, Australia and Japan, publics say language matters more to national identity than birthplace
The tide of people moving across the world, be they immigrants or refugees, has sparked concern in Australia, Europe and the United States. In particular, the ethnic, linguistic and cultural background of migrants has triggered intense debates over the benefits and the costs of growing diversity and the risk of open borders to national identity. Unease over the cultural, economic and security ramifications of immigration helped to fuel the Brexit vote in the United Kingdom, encourage the idea of a wall along the U.S.-Mexican border and broaden support for right-wing populist parties in France, Germany and the Netherlands.