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Governing for the Long Term
Democracy and the Politics of Investment

£27.99

  • Date Published: June 2011
  • availability: Available
  • format: Paperback
  • isbn: 9780521171779

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  • In Governing for the Long Term, Alan M. Jacobs investigates the conditions under which elected governments invest in long-term social benefits at short-term social cost. Jacobs contends that, along the path to adoption, investment-oriented policies must surmount three distinct hurdles to future-oriented state action: a problem of electoral risk, rooted in the scarcity of voter attention; a problem of prediction, deriving from the complexity of long-term policy effects; and a problem of institutional capacity, arising from interest groups' preferences for distributive gains over intertemporal bargains. Testing this argument through a four-country historical analysis of pension policymaking, the book illuminates crucial differences between the causal logics of distributive and intertemporal politics and makes a case for bringing trade-offs over time to the center of the study of policymaking.

    • One of the first studies of how politicians make policy trade-offs over time: choices between present and future social welfare
    • Advances a general theory of the conditions under which elected governments make investments in the long term
    • Analyzes both cognitive and strategic influences on intertemporal policymaking
    • Draws on extensive primary research on the origins and recent reforms of public pension systems in Germany, Britain, Canada and the United States
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    Product details

    • Date Published: June 2011
    • format: Paperback
    • isbn: 9780521171779
    • length: 324 pages
    • dimensions: 231 x 155 x 20 mm
    • weight: 0.46kg
    • contains: 6 b/w illus. 2 tables
    • availability: Available
  • Table of Contents

    Part I. Problem and Theory:
    1. The politics of when
    2. Theorizing intertemporal policy choice
    Part II. Programmatic Origins: Intertemporal Choice in Pension Design:
    3. Investing in the state: the origins of German pensions, 1889
    4. The politics of mistrust: the origins of British pensions, 1925
    5. Investments as political constraint: the origins of US pensions, 1935
    6. Investing for the short term: the origins of Canadian pensions, 1965
    Part III. Programmatic Change: Intertemporal Choice in Pension Reform:
    7. Investment as last resort: reforming US pensions, 1977 and 1983
    8. Shifting the long-run burden: reforming British pensions, 1986
    9. Committing to investment: reforming Canadian pensions, 1998
    10. Constrained by uncertainty: reforming German pensions, 1989 and 2001
    Part IV. Conclusion:
    11. Understanding the politics of the long term.

  • Instructors have used or reviewed this title for the following courses

    • Intergenerational Policy
    • Political and Economic Environment
  • Author

    Alan M. Jacobs, University of British Columbia, Vancouver
    Alan M. Jacobs is Assistant Professor of Political Science at the University of British Columbia. The recipient of the 2009 Mary Parker Follett Award of the American Political Science Association and the 2005 John Heinz Dissertation Award of the National Academy of Social Insurance, Jacobs is the author of several articles and book chapters on comparative public policy.

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