Comparative Political Economy: Theory and Evidence

Why do unemployment, inflation, and growth rates vary across political economies? Why are some capitalist societies more equitable than others? Why is public spending higher in some countries than others? Drawing on insights from political science, economics, and business, this book addresses these and other related questions in the context of advanced capitalist democracies.

The first part of the book investigates how macroeconomic performance and policy outcomes such as public spending, t...