The Accountability After Economic Crisis project sheds light on the nexus between policies of accountability and learning from past policy failures in countries emerging from economic crisis.
The comparative project applies concepts of transitional justice, namely, ‘dealing with the past’, to investigate how six European societies (Spain, Portugal, Greece, Ireland, Cyprus, Iceland) have come to terms with the origins and consequences of the post-2008 financial crisis.
The Great Recession provides an excellent backdrop against which to examine processes of accountability and learning, as a number of post-crisis countries set up investigative (or judicial) mechanisms to deal with the political and institutional flaws that led to the meltdowns, ranging from commissions of inquiry to prosecutions of financial and political actors.
The project is based on a novel database of the political, legal, criminal and regulatory policies formulated in each country as well as incidents of political polarization and governmental instability.
The project is funded by the Economic and Social Research Council