Open Access. Powered by Scholars. Published by Universities.®

Social and Behavioral Sciences Commons

Open Access. Powered by Scholars. Published by Universities.®

Political Theory

Loyola University Chicago

Political Science: Faculty Publications and Other Works

2014

Economic elite

Articles 1 - 1 of 1

Full-Text Articles in Social and Behavioral Sciences

A Discernible Impact? The Influence Of Public Opinion On Eu Policymaking During The Sovereign Debt Crisis, Jennifer R. Boyle, Chris Hasselmann Jan 2014

A Discernible Impact? The Influence Of Public Opinion On Eu Policymaking During The Sovereign Debt Crisis, Jennifer R. Boyle, Chris Hasselmann

Political Science: Faculty Publications and Other Works

The European sovereign debt crisis provides an excellent opportunity for examining the extent to which public preferences constrain member state preferences for EU policy solutions. We examine the influence of public opinion on austerity, spending, and regulation on member state preferences on 4 major EU solutions to the crisis from 20I0-2011: the initial Greek financial rescue, the creation of the European Stability Mechanism, the reform of the Stability and Growth pact, and enhanced EU financial regulation. Our analysis reveals that prior to elections and/or when there is a degree of fragmentation in the governing party or coalition public opinion constrains …