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Portfolio allocation in the Americas

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The systematic study of portfolio allocation in the Americas - the hiring and firing of cabinet ministers and their consequences for the composition of the government -started at the end of the 1990s, motivated, at least in part, by a desire to examine the extent to which (Latin American) presidentialism could work as (European) parliamentarism. Challenging the traditional notion that presidential regimes were prone to instability, this research built on analytical tools developed in the context of parliamentarism, generated data on portfolio allocation, and developed explanations specific to presidentialism. Progressively, as the propositions on the perils and deficiencies of presidentialism were refuted or moderated, attention turned to how presidential democracy actually works. Hence, contemporary work has shifted attention from the similarities and differences between constitutional regimes to the differences among presidential regimes, including the organization of the executive.

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Portfolio allocation Presidential regimes

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Citation

Martínez-Gallardo, C., Camerlo, M. (2017). Portfolio allocation in the Americas. In Camerlo, M., Martínez-Gallardo, C. (Eds.), Government Formation and Minister Turnover in Presidential Cabinets: Comparative Analysis in the Americas, pp. 1-20. Taylor and Francis

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Taylor & Francis

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