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" Governing for the long term : "
Alan M. Jacobs
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BL
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| Record Number
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706240
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| Doc. No
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b528429
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| Main Entry
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Jacobs, Alan M
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| Title & Author
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Governing for the long term : : democracy and the politics of investment /\ Alan M. Jacobs
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| Publication Statement
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Cambridge ;New York :: Cambridge University Press,, 2011
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| Page. NO
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xiv, 306 pages :: illustrations ;; 24 cm
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| ISBN
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0521171776
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: 0521195853
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: 9780521171779
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: 9780521195850
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| Bibliographies/Indexes
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Includes bibliographical references (pages 269-293) and index
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| Contents
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Problem and Theory: The politics of when. Theorizing intertemporal policy choice -- Programmatic Origins: Intertemporal Choice in Pension Design: Investing in the state: the origins of German pensions, 1889. The politics of mistrust: the origins of British pensions, 1925. Investments as political constraint: the origins of U.S. pensions, 1935. Investing for the short term: the origins of Canadian pensions, 1965 -- Programmatic Change: Intertemporal Choice in Pension Reform. Investment as last resort: reforming U.S. pensions, 1977 and 1983. Shifting the long-run burden: reforming British pensions, 1986. Committing to investment: reforming Canadian pensions, 1998. Constrained by uncertainty: reforming German pensions, 1989 and 2001 -- Conclusion: Understanding the politics of the long term
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| Abstract
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"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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"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"--
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| Subject
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Externalities (Economics)-- Political aspects
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Pensions-- Government policy, Case studies
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Political planning
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Social choice
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Social policy
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Welfare economics
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| LC Classification
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HN28.J29 2011
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HN28.J29 2011
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