Notice bibliographique
- Notice
Type(s) de contenu et mode(s) de consultation : Texte noté : électronique
Auteur(s) : Alesina, Alberto
Giavazzi, Francesco (1949-....)
Favero, Carlo A. (1962-....)
Titre(s) : Austerity [Texte électronique] : when it works and when it doesn't / Alberto Alesina, Francesco Giavazzi, Carlo Favero
Publication : Princeton : Princeton university press, copyright 2019
Description matérielle : 1 online ressource (xiv-276 p.)
Note(s) : A timely and incisive look at austerity measures that succeed-and those that don't.
Fiscal 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. In this masterful book,
three of today's leading policy experts cut through the political noise to demonstrate
that there is not one type of austerity but many.Looking at thousands of fiscal measures
adopted by sixteen advanced economies since the late 1970s, Austerity assesses the
relative effectiveness of tax increases and spending cuts at reducing debt. It shows
that spending cuts have much smaller costs in terms of output losses than tax increases.
Spending cuts can sometimes be associated with output gains in the case of expansionary
austerity and are much more successful than tax increases at reducing the growth of
debt. The authors also show that austerity is not necessarily the kiss of death for
political careers as is often believed, and provide new insights into the recent cases
of European austerity after the financial crisis.Bringing needed clarity to one of
today's most challenging subjects, Austerity charts a sensible approach based on data
analysis rather than ideology
Sujet(s) : Politique d'austérité
Indice(s) Dewey :
338.542 (23e éd.) = Cycles économiques
Identifiants, prix et caractéristiques : ISBN 9780691185019. - ISBN 9780691172217. - ISBN 0691185018
EAN 9780691185019
Identifiant de la notice : ark:/12148/cb45807871z
Notice n° :
FRBNF45807871
(notice reprise d'un réservoir extérieur)
