Austerity: When It Works And When It Doesn'T,New

Austerity: When It Works And When It Doesn'T,New

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A Timely And Incisive Look At Austerity Measures That Succeedand Those That Dontfiscal Austerity Is Hugely Controversial. Opponents Argue That It Can Trigger Downward Growth Spirals And Become Selfdefeating. Supporters Argue That Budget Deficits Have To Be Tackled Aggressively At All Times And At All Costs. In This Masterful Book, Three Of Todays 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 Todays Most Challenging Subjects, Austerity Charts A Sensible Approach Based On Data Analysis Rather Than Ideology.

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We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.

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To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.

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Warranty

We provide a 2-year limited warranty, from the date of purchase for all our products.

If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.

This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).

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