Voters and the IMF: Experimental Evidence from European Crisis Countries

Autor(en)
Evelyne Hübscher, Thomas Sattler, Markus Wagner
Abstrakt

IMF interventions are often associated with rising political discontent in
countries where the Fund intervenes. Studies examining this relationship,
however, face the challenge of disentangling the impact of the IMF from the
impact of the crisis that triggered the intervention. To address this challenge,
we conduct survey experiments in Greece, Ireland, Portugal, and Spain and
directly assess how voters evaluate the costs and benefits of an IMF intervention. We find that voters believe that the crisis will more likely be solved
when the IMF intervenes, but they are also critical of the corresponding loss of
national sovereignty. Because the former consideration, on average, dominates their assessment, IMF interventions increase the support of voters for
unpopular economic policies. Nonetheless, cross-country differences suggest
that continued public support for intervention hinges on the IMF’s ability to
deliver on its promise to help resolve the crisis.

Organisation(en)
Institut für Staatswissenschaft
Externe Organisation(en)
Universität Genf, Central European University Vienna
Journal
Comparative Political Studies
Band
57
Seiten
1870-1901
Anzahl der Seiten
32
ISSN
0010-4140
DOI
https://doi.org/10.1177/00104140231204229
Publikationsdatum
09-2024
Peer-reviewed
Ja
ÖFOS 2012
506014 Vergleichende Politikwissenschaft
Schlagwörter
ASJC Scopus Sachgebiete
Sociology and Political Science
Link zum Portal
https://ucrisportal.univie.ac.at/de/publications/ac4385a2-4786-4750-b068-b9ef7a4393e5