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The Resource The paradox of fiscal austerity : how cutting deficits saved the modern world, Justin Vélez-Hagan

The paradox of fiscal austerity : how cutting deficits saved the modern world, Justin Vélez-Hagan

Label
The paradox of fiscal austerity : how cutting deficits saved the modern world
Title
The paradox of fiscal austerity
Title remainder
how cutting deficits saved the modern world
Statement of responsibility
Justin Vélez-Hagan
Creator
Subject
Language
eng
Summary
If governments followed the optimal fiscal policy path, surpluses in good times would counter necessary deficits during economic downturns, leading to worldwide balance. The world, however, has chosen to go in a different direction in recent decades, avoiding thrift in light of a decidedly more indebted future. When financial crises kicked off a global recession in 2008, the spotlight placed on countries' fiscal conditions put pressure on policymakers around the globe to find a way to slow the growth of deficits and debt by imposing fiscal consolidations (or, more simply, austerity). How have these policies fared across the developed world? Were they even necessary to begin with? This book examines the many factors that have contributed to the success (or failure) of such policies, including timing, magnitude, accompanying policies, composition, and more, while explaining the economic rationale behind their choices. --
Assigning source
Provided by publisher
http://library.link/vocab/creatorName
Vélez-Hagan, Justin
Illustrations
illustrations
Index
index present
Literary form
non fiction
Nature of contents
bibliography
http://library.link/vocab/subjectName
  • Economic policy
  • Global Financial Crisis, 2008-2009
  • Budget deficits
Label
The paradox of fiscal austerity : how cutting deficits saved the modern world, Justin Vélez-Hagan
Instantiates
Publication
Note
Subtitle from cover
Bibliography note
Includes bibliographical references and index
Carrier category
volume
Carrier category code
  • nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
on1127836774
Dimensions
24 cm
Extent
v, 215 pages
Isbn
9781498571937
Media category
unmediated
Media MARC source
rdamedia
Media type code
  • n
System control number
(OCoLC)1127836774
Label
The paradox of fiscal austerity : how cutting deficits saved the modern world, Justin Vélez-Hagan
Publication
Note
Subtitle from cover
Bibliography note
Includes bibliographical references and index
Carrier category
volume
Carrier category code
  • nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
on1127836774
Dimensions
24 cm
Extent
v, 215 pages
Isbn
9781498571937
Media category
unmediated
Media MARC source
rdamedia
Media type code
  • n
System control number
(OCoLC)1127836774

Library Locations

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      43.803074 11.283055
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