Paradox of fiscal austerity, the: how cutting deficits saved the modern world
Auteur :
Vélez-Hagan, Justin
Éditeur :
Bloomsbury Publishing Plc
ISBN :
9781498571951
Date de publication :
28 juin 2021
Dimensions :
21,8 x 15,4 x 1,3 cm
Poids :
358 g
Langue :
Anglais
Pays d'origine :
USA
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 counterintuitive and least politically feasible, catching policymakers in a fiscal paradox.