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Austerity: When is it a mistake and when is it necessary? by John Fender (Englis
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所在地：Calgary, Alberta, 加拿大
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eBay 物品編號：386866271477
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- ISBN-13
- 9781911116929
- Book Title
- Austerity
- ISBN
- 9781911116929
- Series
- The Economy: Key Ideas Ser.
- Publication Year
- 2020
- Type
- Textbook
- Format
- Hardcover
- Language
- English
- Publication Name
- Austerity : When Is It a Mistake and When Is It Necessary?
- Item Length
- 8.5in
- Publisher
- Agenda
- Item Width
- 5.5in
- Item Weight
- 23.5 Oz
- Number of Pages
- 144 Pages
關於產品
Product Information
Austerity has dominated economic debate across Europe and North America since the financial crisis of 2008. Austerity policies have been implemented by governments to cut and curtail budget deficits to varied effect by reducing spending on goods and services, increasing taxation, and cutting welfare budgets. Because the implementation of austerity measures tend to coincide with high or rising unemployment, they are invariably contested and unpopular. In addition, austerity seems counter-intuitive to many economists: post-financial crisis, it would appear to be more desirable to stimulate the economy through an expansion of fiscal policy, to "spend" a way out of the crisis. John Fender explains how the economics of austerity works in theory and how it has played out in practice in the UK, U.S., and the EU. He provides students with a clear and rigorous guide to the principles and mechanisms of austerity economics and offers a balanced point of reference for anyone keen to understand the economic thinking behind these contentious policy decisions.
Product Identifiers
Publisher
Agenda
ISBN-10
1911116924
ISBN-13
9781911116929
eBay Product ID (ePID)
25038388427
Product Key Features
Publication Name
Austerity : When Is It a Mistake and When Is It Necessary?
Format
Hardcover
Language
English
Series
The Economy: Key Ideas Ser.
Publication Year
2020
Type
Textbook
Number of Pages
144 Pages
Dimensions
Item Length
8.5in
Item Width
5.5in
Item Weight
23.5 Oz
Additional Product Features
Lc Classification Number
Hc240
Reviews
This book is extremely timely. Moreover, its balanced and clear-headed approach is a valuable antidote to the kind of emotive discussion that has dominated the debate over the past ten years.
Table of Content
1. Introduction 2. The economics of austerity I 3. The economics of austerity II 4. The term structure of interest rates 5. A simple model 6. Austerity in the United Kingdom 7. Austerity in the eurozone 8. Austerity in the rest of the world 9. The optimal time path of government debt (or how should fiscal policy be conducted?) 10. Policy in a world where severe deflationary shocks are possible 11. Conclusion: when are austerity measures necessary or desirable?
Copyright Date
2019
Target Audience
College Audience
Topic
Economic History, Economics / Macroeconomics, Public Policy / Economic Policy
Lccn
2020-445920
Dewey Decimal
338.543
Dewey Edition
23
Illustrated
Yes
Genre
Business & Economics, Political Science
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