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Date
2019-09-01Type
- Journal Article
Citations
Cited 10 times in
Web of Science
Cited 13 times in
Scopus
ETH Bibliography
yes
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Abstract
How did the Eurozone bailouts affect national democracies? Recent research indicates strong citizen detachment due to the external constraints imposed by bailout programs on national autonomy. This paper re-examines the detachment thesis by broadening the view toward multiple dimensions of democracy and effect heterogeneity across time and space. Using the generalized synthetic control method, we find a negative effect of bailouts on satisfaction with democracy and turnout but show that effects vanish after several years and vary strongly across bailout cases. In addition, we find resilient attitudes and behaviors in spite of national democratic institutions that continue to deteriorate. These findings indicate that economic policy outcomes have a stronger influence on satisfaction with democracy and electoral turnout than the quality of the democratic process. Show more
Publication status
publishedExternal links
Journal / series
European Union PoliticsVolume
Pages / Article No.
Publisher
SAGESubject
Bailout; Democracy; Eurozone; Generalized synthetic control methodOrganisational unit
03714 - Schimmelfennig, Frank / Schimmelfennig, Frank
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Show all metadata
Citations
Cited 10 times in
Web of Science
Cited 13 times in
Scopus
ETH Bibliography
yes
Altmetrics