Governing for the Long Term : Democracy and the Politics of Investment Paperback / softback
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.
- Format: Paperback / softback
- Pages: 324 pages, 2 Tables, unspecified; 6 Line drawings, unspecified
- Publisher: Cambridge University Press
- Publication Date: 28/03/2011
- Category: Political structures: democracy
- ISBN: 9780521171779