Read e-book online A Century of Fiscal Squeeze Politics: 100 Years of PDF

By Christopher Hood,Rozana Himaz

ISBN-10: 0198779615

ISBN-13: 9780198779612

This quantity identifies and compares 'fiscal squeezes' (major efforts to chop public spending and/or increase taxes) within the united kingdom over a century from 1900 to 2015. The authors research how diversified the politics of monetary squeeze and austerity is this day from what it used to be a century in the past, how (if in any respect) economic squeezes reshaped the country and the availability of public prone, and the way political credits and blame performed out after austerity episodes. The research is either quantitative
and qualitative, beginning with stated monetary results from ancient facts after which going in the back of these numbers to discover the political offerings and methods in play. This research identifies a few styles that experience now not been defined or perhaps famous in previous works on retrenchment and
austerity. for instance, it identifies a protracted time period shift from what it phrases a 'surgery with out anaesthetics' process (deep yet short-lived episodes of spending restraint or tax raises) within the past a part of the interval in the direction of a 'boiling frogs' method (episodes during which the ache is opened up over an extended interval) in additional fresh a long time. It additionally identifies a curious aid of revenue-led squeezes in additional contemporary a long time, and a puzzle over why blame-avoidance good judgment simply ended in outsourcing
painful judgements over squeeze in a minority of instances. additionally, the volume's particular method of classifying forms of financial squeezes and qualitatively assessing their depth seeks to unravel the puzzle as to why voter'punishment' of governments that impose austerity rules appears to be like so
erratic.

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A Century of Fiscal Squeeze Politics: 100 Years of Austerity, Politics, and Bureaucracy in Britain by Christopher Hood,Rozana Himaz


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