Chapter

Politics and Policy Regimes: Setting a Long‐Term Equilibrium

Michael D. McDonald and Ian Budge

in Elections, Parties, Democracy

Published in print October 2005 | ISBN: 9780199286720
Published online February 2006 | e-ISBN: 9780191603327 | DOI: http://dx.doi.org/10.1093/0199286728.003.0012

Series: Comparative Politics

Politics and Policy Regimes: Setting a Long‐Term Equilibrium

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This chapter clinches the previous analysis by linking equilibria on both sides, (politics and policy) showing that they correspond closely. Broadly speaking, political preferences are transmitted from median voter to median parliamentary party, from that to government, and then to ministries in the sequence postulated by the median mandate. This implies that under the froth and change of politics, certain stable processes continue, and these are in conformity with a median mandate interpretation of democratic processes.

Keywords: parties; policy regimes; expenditure equilibria; political equilibria; correlations; representational stages; median voter; MPP; government

Chapter.  8865 words.  Illustrated.

Subjects: Comparative Politics

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