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Eurozone crisis, policy reversals, social classes, social blocs, political parties, Portugal, Italy
Abstract:
This paper links patterns of deregulatory reforms and post-crisis reversals in Italy and Portugal with the electoral constituencies of political parties. Combining insights from the social coalitions and electoral behaviour debates, we link reform outcomes to the class set-up of the electorate in the two countries by using the class schema developed by Daniel Oesch. We find that governments in both countries reversed austerity measures in order to protect core groups of voters within their electorate in spite of wide ideological differences between governing coalitions in the two countries. There is, however, some variation in the extent of the reversals across policy areas.
