The Politics of Austerity

A Recent History

Nonfiction, Social & Cultural Studies, Political Science, Politics, Economic Conditions, History & Theory, Business & Finance
Cover of the book The Politics of Austerity by Michael Burton, Palgrave Macmillan UK
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Michael Burton ISBN: 9781137482853
Publisher: Palgrave Macmillan UK Publication: October 12, 2016
Imprint: Palgrave Macmillan Language: English
Author: Michael Burton
ISBN: 9781137482853
Publisher: Palgrave Macmillan UK
Publication: October 12, 2016
Imprint: Palgrave Macmillan
Language: English

This book considers the relationship between public spending and public deficit and the varying successes and difficulties governments have had in recent years to balance the two. As the fiscal crash of 2007/8 turned into the Great Recession and tax revenues tumbled, public finances across the UK, the USA and Europe plunged into deficit. Controversial attempts by governments to balance their budgets, commonly described as austerity by critics, had mixed success, politically and economically. Michael Burton outlines how politicians tackled the worst economic downturn in over half a century, drawing on previous examples of deficit-reduction to see how governments managed public finances in recessions and where austerity worked and where it failed. This two-part book, which for the first time provides an historical context to austerity, analyses firstly deficit-reduction in the UK in the 1970s, 1980s, 1990s and 2010-2016, and then looks at case studies in Europe, the USA, Canada and Asia Pacific. The author concludes that with the ageing population placing greater pressure through health and pensions on the public finances of the developed world, politicians and their electorates will have to learn to live long-term with austerity.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

This book considers the relationship between public spending and public deficit and the varying successes and difficulties governments have had in recent years to balance the two. As the fiscal crash of 2007/8 turned into the Great Recession and tax revenues tumbled, public finances across the UK, the USA and Europe plunged into deficit. Controversial attempts by governments to balance their budgets, commonly described as austerity by critics, had mixed success, politically and economically. Michael Burton outlines how politicians tackled the worst economic downturn in over half a century, drawing on previous examples of deficit-reduction to see how governments managed public finances in recessions and where austerity worked and where it failed. This two-part book, which for the first time provides an historical context to austerity, analyses firstly deficit-reduction in the UK in the 1970s, 1980s, 1990s and 2010-2016, and then looks at case studies in Europe, the USA, Canada and Asia Pacific. The author concludes that with the ageing population placing greater pressure through health and pensions on the public finances of the developed world, politicians and their electorates will have to learn to live long-term with austerity.

More books from Palgrave Macmillan UK

Cover of the book Talent Management of Knowledge Workers by Michael Burton
Cover of the book Inquiry-Based Teaching and Learning across Disciplines by Michael Burton
Cover of the book Nietzsche's Gay Science by Michael Burton
Cover of the book Cyprus and the Financial Crisis by Michael Burton
Cover of the book Tolerance, Intolerance and Respect by Michael Burton
Cover of the book Accelerating Academia by Michael Burton
Cover of the book The Politics of Ethnic Diversity in the British Isles by Michael Burton
Cover of the book Animal Ethics and the Autonomous Animal Self by Michael Burton
Cover of the book Virtual Workers and the Global Labour Market by Michael Burton
Cover of the book Crisis: Cause, Containment and Cure by Michael Burton
Cover of the book Women Who Succeed by Michael Burton
Cover of the book Organization Philosophy by Michael Burton
Cover of the book The Industrial Policy Revolution I by Michael Burton
Cover of the book Idols and Celebrity in Japanese Media Culture by Michael Burton
Cover of the book People, Risk, and Security by Michael Burton
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy