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Eurozone bailouts and national democracy: Detachment or resilience?

Author

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  • Dominik Schraff

    (Center for Comparative and International Studies, ETH Zurich, Zurich, Switzerland)

  • Frank Schimmelfennig

Abstract

How did the Eurozone bailouts affect national democracies? Recent research indicates strong citizen detachment due to the external constraints imposed by bailout programs on national autonomy. This paper re-examines the detachment thesis by broadening the view toward multiple dimensions of democracy and effect heterogeneity across time and space. Using the generalized synthetic control method, we find a negative effect of bailouts on satisfaction with democracy and turnout but show that effects vanish after several years and vary strongly across bailout cases. In addition, we find resilient attitudes and behaviors in spite of national democratic institutions that continue to deteriorate. These findings indicate that economic policy outcomes have a stronger influence on satisfaction with democracy and electoral turnout than the quality of the democratic process.

Suggested Citation

  • Dominik Schraff & Frank Schimmelfennig, 2019. "Eurozone bailouts and national democracy: Detachment or resilience?," European Union Politics, , vol. 20(3), pages 361-383, September.
    • Handle: RePEc:sae:eeupol:v:20:y:2019:i:3:p:361-383
    DOI: 10.1177/1465116519848846
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    References listed on IDEAS

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    Cited by:

    1. Stuart J Turnbull-Dugarte, 2020. "Why vote when you cannot choose? EU intervention and political participation in times of constraint," European Union Politics, , vol. 21(3), pages 406-428, September.
    2. Laura Arnemann & Kai A Konrad & Niklas Potrafke, 2021. "Collective memories on the 2010 European debt crisis," European Union Politics, , vol. 22(4), pages 762-784, December.
    3. Dominik Schraff, 2020. "Is the Member States' Curse the EU's Blessing? Inequality and EU Regime Evaluation," Journal of Common Market Studies, Wiley Blackwell, vol. 58(5), pages 1215-1234, September.
    4. Federica Genovese & Gerald Schneider, 2020. "Smoke with fire: Financial crises and the demand for parliamentary oversight in the European Union," The Review of International Organizations, Springer, vol. 15(3), pages 633-665, July.

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