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Author Jacobs, Alan M., 1932-

Title Governing for the long term : democracy and the politics of investment / Alan M. Jacobs
Published Cambridge ; New York : Cambridge University Press, 2011

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Description 1 online resource (xv, 306 pages) : illustrations
Contents Part I. Problem and Theory: 1. The politics of when; 2. Theorizing intertemporal policy choice -- Part II. Programmatic Origins: Intertemporal Choice in Pension Design: 3. Investing in the state: the origins of German pensions, 1889; 4. The politics of mistrust: the origins of British pensions, 1925; 5. Investments as political constraint: the origins of U.S. pensions, 1935; 6. Investing for the short term: the origins of Canadian pensions, 1965 -- Part III. Programmatic Change: Intertemporal Choice in Pension Reform: 7. Investment as last resort: reforming U.S. pensions, 1977 and 1983; 8. Shifting the long-run burden: reforming British pensions, 1986; 9. Committing to investment: reforming Canadian pensions, 1998; 10. Constrained by uncertainty: reforming German pensions, 1989 and 2001 -- Part IV. Conclusion: 11. Understanding the politics of the long term
Summary "This book examines how democratic governments manage long-term policy challenges, asking how elected politicians choose between providing policy benefits in the present and investing in the future"-- Provided by publisher
"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"-- Provided by publisher
Bibliography Includes bibliographical references (pages 269-293) and index
Notes English
Print version record
Subject Social policy.
Social choice.
Political planning.
Welfare economics.
Externalities (Economics) -- Political aspects
Pensions -- Government policy -- Case studies
public policy.
BUSINESS & ECONOMICS -- Personal Finance -- Retirement Planning.
Pensions -- Government policy
Political planning
Social choice
Social policy
Welfare economics
Genre/Form Case studies
Form Electronic book
LC no. 2010033557
ISBN 9781139077651
1139077651
9780511921766
0511921764
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9786613110930
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