Economic Policy and Performance in Industrial Democracies
Sakamoto, Takayuki![Economic Policy and Performance in Industrial Democracies](https://support.digitalhusky.com/media/annotations/sorted/231/23105921/CHSBZCOP0323105921.jpg)
Argues that despite the neo-liberal policy shift, globalization has not diminished the role of domestic politics in economic policy. The author demonstrates that central banks systematically affect fiscal policy that is conducted by party governments, and that independent central banks restrain the latter's fiscal policy.