Political Economy
The political economy cluster considers the interaction of markets and government, both domestically and internationally. How much and under what circumstances does international economic integration constrain the policy-making of governments? Do governments compensate voters for greater exposure to the international economy? How is income inequality influenced by domestic institutions and the international economy? How do voters respond to economic shocks that originate abroad? How do government partisanship and/or institutions influence economic policy? What determines electoral support for economic liberalism? All of these questions and more fall firmly within the remit of political economy. The broad research field of political economy includes economic influences on institutional choice, such as the adoption of electoral systems or democratisation, and the application of economic methods to political problems.
Selected Projects
- Sovereign Debt Crisis and Crisis Management in Areas of Limited Statehood: Bargaining vs. Creditor Litigation (Henrik Enderlein)
- Electoral Systems and the Balance of Consumer/Producer Power (Mark Kayser with Ronald Rogowski, Eric Chang, Drew Linzer)
- The Challenge of Asset Market-Oriented Fiscal Policy: National Fiscal Policies in a Global Financial System (Mark Hallerberg)
- The Role of Finance Ministers and the Making of Budgets (Mark Hallerberg)
Political Economy Seminar
- Hertie School Political Economy Seminar: An up-to-date schedule of speakers is available here.
