POLS 489 Lecture Notes - Lecture 9: Corporatism, Capital Flight
Document Summary
Political context of the economy make affect the competency signal. Increases the number of factors that can affect the economy without the influence of the president: capital flight or flows. When companies can easily move their resources from one country to another, as a result the relocation of jobs also move. Labor and capital to move from one location to the next. Capital can find the best source of available. In open economies, as the nedd increases, the edd decreases. As a country is open there are more nedd"s. Change in probability of the vote based on the downturn of the economy on the chief. Executive vs being stable: steady or stable vote less economic voting, more negative voting more economic voting. Less open economy there is more economic or punishment voting. More open economies have less economic or punishing voting. As states capacity gets bigger the number of nedd"s get bigger.