Austerity – When It Works and When It Doesn`t : When It Works and When It Doesn't
Book Details
Format
Paperback / Softback
ISBN-10
0691208638
ISBN-13
9780691208633
Publisher
Princeton University Press
Imprint
Princeton University Press
Country of Manufacture
US
Country of Publication
GB
Publication Date
Dec 1st, 2020
Print length
290 Pages
Weight
392 grams
Dimensions
13.40 x 20.30 x 2.40 cms
Ksh 3,400.00
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Winner of the Hayek Book Prize, Manhattan Institute
A revealing look at austerity measures that succeed—and those that don'tFiscal austerity is hugely controversial. Opponents argue that it can trigger downward growth spirals and become self-defeating. Supporters argue that budget deficits have to be tackled aggressively at all times and at all costs. Bringing needed clarity to one of today's most challenging economic issues, three leading policy experts cut through the political noise to demonstrate that there is not one type of austerity but many. Austerity assesses the relative effectiveness of tax increases and spending cuts at reducing debt, shows that austerity is not necessarily the kiss of death for political careers as is often believed, and charts a sensible approach based on data analysis rather than ideology.
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