Governing for the Long Term: Democracy and the Politics of Investment
- ISBN-10
- 1139496115
- ISBN-13
- 9781139496117
- Category
- Political Science
- Language
- English
- Published
- 2011-03-28
- Publisher
- Cambridge University Press
- Author
- Alan M. Jacobs
Description
In Governing for the Long Term, Alan M. Jacobs investigates the conditions under which elected governments invest in long-term social benefits at short-term social cost. Jacobs contends that, along the path to adoption, investment-oriented policies must surmount three distinct hurdles to future-oriented state action: a problem of electoral risk, rooted in the scarcity of voter attention; a problem of prediction, deriving from the complexity of long-term policy effects; and a problem of institutional capacity, arising from interest groups' preferences for distributive gains over intertemporal bargains. Testing this argument through a four-country historical analysis of pension policymaking, the book illuminates crucial differences between the causal logics of distributive and intertemporal politics and makes a case for bringing trade-offs over time to the center of the study of policymaking.
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Other editions
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- 2011-03-28
- 324 pages
- Paperback
- Cambridge University Press
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