The response to the Great Recession from European social democratic/centre-left parties, with some notable exceptions like Portugal’s, was largely to implement the austerity policies of the right: they bailed out the banks and the bondholders, and they tightened fiscal policies and supported loose monetary ones. The economic and political consequences of these policies have been […]
Sebastían Royo is a Professor of Government and Acting Provost at Suffolk University in Boston, USA. Royo’s articles and reviews on comparative politics have appeared in Comparative Political Studies, European Journal of Industrial Relations, PS: Political Science and Politics, West European Politics, South European Society and Politics, Democratization, Mediterranean Quarterly, SELA, FP, Perspectives on Politics, and other publications. His books include From Social Democracy to Neoliberalism: The Consequences of Party Hegemony in Spain, 1982-1996 (2000) and A New Century of Corporatism? Corporatism in Southern Europe: Spain and Portugal in Comparative Perspective (2002).