The economic crisis of 2008 is a perfect example of governance failure resulting in a global economic crisis. Crises form windows of opportunity for change, while a crisis is living proof that the...Show moreThe economic crisis of 2008 is a perfect example of governance failure resulting in a global economic crisis. Crises form windows of opportunity for change, while a crisis is living proof that the status quo is unsustainable. Since the economic crisis was caused by inadequate and the lack of financial regulations, countries all over the globe changed their financial policies. These policies, however, were a product of policy-makers. Since these policy-makers, or bureaucrats, bear responsibility for developing these policies, one would expect that changes also occurred at these bureaucrats. Nevertheless, literature on the effect of the economic crisis on the competencies of these bureaucrats is missing. This research, therefore, aimed to fill this gap. This resulted in the following research question: ‘How has the economic crisis of 2008 influenced the competencies of top and mid-level financial bureaucrats working at the financial ministries of the United Kingdom and Germany?’ The expectations were that the crisis resulted in a change of the economic ideas and technical competency of these top- and mid-level bureaucrats. In order to test these expectations, a quantitative statistical large-N analysis (N = 124) is conducted. The research results were that the economic crisis of 2008 did not affect the economic ideas and technical competency of top- and mid-level bureaucrats. The conclusion on the latter, however, may be false negative. The analysis provided indications that the economic crisis actually did affect the technical competency of top- and mid-level bureaucrats. Besides that, the number of observations used for this research was relatively small. Further research with more observations is, therefore, necessary.Show less
The aim of this thesis is to examine the consequences of the economic crisis on the voting behavior of Greek citizens. The study seeks to discover the degree of influence of the economic issue on...Show moreThe aim of this thesis is to examine the consequences of the economic crisis on the voting behavior of Greek citizens. The study seeks to discover the degree of influence of the economic issue on vote choice and provides an answer to the question of whether decreased support for the two traditional incumbent parties and increased support for the opposition parties can be attributed to the deterioration of the national economy. The analysis demonstrates that electoral volatility cannot be explained by the economic factor in the Greek case. The results suggest that partisan loyalties, which have affected political decisions in Greece historically, continue to have a strong impact in recent times. Greek voters seem to be highly influenced by long-term components, even in the context of the current economic recession.Show less
