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

By: Vélez-Hagan, Justin, 1980- [author.]Material type: Text

TextPublisher: Lanham : Lexington Books, 2019Description: pages cmContent type: text Media type: unmediated Carrier type: volumeISBN: 9781498571937Subject(s): Economic policy - -- Influence (Literary, artistic, etc.) -- Budget deficitsDDC classification: 338.9 VEL

Contents:

Contents Introduction: The Paradox Explained PART ONE: WHAT IS AND WHAT IS TO COME 1 Disaster and Debt 2 How Did We Respond? 3 What We (Think We) Knew, Before We Didn’t Know 4 How’d It All Work Out? 5 It’s All Political PART TWO: SOME INTERESTING CASES: WHAT HAPPENED WHEN, WHERE, AND WHY 6 Hellenic Hellions or Heroes of Hellas? 7 The Enchanted (and indebted) Island of Puerto Rico 8 Nipponomics 9 The Paradox of Argentine Austerity Conclusion: Is There Really a Paradox? Bibliography Index About the Author

Summary: "When financial crises initiated a global recession in 2008, massive public debt forced policymakers in the developed world to impose tough fiscal consolidations to counter growing deficits. The most effective solutions, however, were often the ones most counter-intuitive and least politically feasible, catching policymakers in a fiscal paradox"-- Provided by publisher.

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Item type	Current location	Call number	Status	Date due	Barcode
BOOK	Bangaluru Dr. B.R. Ambedkar School of Economics	338.9 VEL (Browse shelf)	Available		002651

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Contents
Introduction: The Paradox Explained
PART ONE: WHAT IS AND WHAT IS TO COME
1 Disaster and Debt
2 How Did We Respond?
3 What We (Think We) Knew, Before We Didn’t Know
4 How’d It All Work Out?
5 It’s All Political
PART TWO: SOME INTERESTING CASES: WHAT HAPPENED WHEN, WHERE, AND WHY
6 Hellenic Hellions or Heroes of Hellas?
7 The Enchanted (and indebted) Island of Puerto Rico
8 Nipponomics
9 The Paradox of Argentine Austerity
Conclusion: Is There Really a Paradox?
Bibliography
Index
About the Author

"When financial crises initiated a global recession in 2008, massive public debt forced policymakers in the developed world to impose tough fiscal consolidations to counter growing deficits. The most effective solutions, however, were often the ones most counter-intuitive and least politically feasible, catching policymakers in a fiscal paradox"-- Provided by publisher.

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