The paradox of fiscal austerity
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 inde...
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| Format: | eBook |
| Language: | English |
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Lanham, Maryland
Lexington Books,
[2020]
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| Online Access: | EBSCOhost Перейти в каталог НБ ТГУ |
Table of Contents:
- Introduction : the paradox explained
- What is and what is to come. Disaster and debt ; How did we respond ; What we (think we) knew, before we didn't know ; How'd it all work out? ; It's all political
- Some interesting cases : what happened when, where, and why. Hellenic hellions or heroes of hellas? ; The enchanted (and indebted) island of Puerto Rico ; Nipponomics ; The paradox of Argentine austerity
- Conclusion : is there really a paradox?