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Veto Players, Intertemporal Interactions and Policy Adaptability: How Do Political Institutions Work?

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  • Carlos Scartascini

    ()

  • Mariano Tommasi
  • Ernesto H. Stein

Abstract

Veto player theory argues that a higher number of veto players lowers the likelihood of change; in turn, policies that do not change help to sustain commitments but may prevent adaptation to changing circumstances. This paper challenges that claim of veto player theory by arguing that policy stability does not necessarily mean lower policy adaptability. If policymaking takes place over time with actors interacting repeatedly, more cooperative polities might be able to achieve both objectives at once, and a higher number of veto players might even favor intertemporal cooperation. The paper presents a simple formalization of the argument and some supportive cross-national empirical evidence.

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Paper provided by Inter-American Development Bank, Research Department in its series Research Department Publications with number 4593.

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Date of creation: Sep 2008
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Handle: RePEc:idb:wpaper:4593

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  16. Mariano Tommasi & Pablo T. Spiller & Ernesto Stein, 2003. "Political Institutions, Policymaking Processes, and Policy Outcomes. An Intertemporal Transactions Framework," Working Papers 59, Universidad de San Andres, Departamento de Economia, revised Jul 2003.
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Cited by:
  1. Carlos Scartascini & Ernesto H. Stein & Mariano Tommasi, 2008. "Political Institutions, State Capabilities and Public Policy: International Evidence," IDB Publications 6757, Inter-American Development Bank.
  2. Mariano Tommasi & Carlos Scartascini & Ernesto H. Stein, 2010. "Veto Players and Policy Trade-Offs: An Intertemporal Approach to Study the Effects of Political Institutions on Policy," IDB Publications 6787, Inter-American Development Bank.
  3. Martin Ardanaz & Carlos Scartascini & Mariano Tommasi, 2010. "Political Institutions, Policymaking, and Economic Policy in Latin America," Research Department Publications 4658, Inter-American Development Bank, Research Department.

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