Title
Austerity: When It Works And When It Doesn'T-used
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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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- Q: How many pages does the book have? A: The book has two hundred ninety-six pages. This length allows for an in-depth exploration of austerity measures and their impacts.
- Q: What are the book's dimensions? A: The book measures six and a half inches in length, one and three-tenths inches in width, and nine and forty-one hundredths inches in height. These dimensions make it a standard hardcover size.
- Q: What type of binding does this book have? A: This book features a hardcover binding. This ensures durability and longevity for readers.
- Q: Who is the author of the book? A: The author of the book is Alberto Alesina. He is recognized as a leading policy expert in economic conditions.
- Q: What category does this book fall under? A: This book falls under the category of Economic Conditions. It provides insights into fiscal policy and austerity.
- Q: Is this book suitable for beginners? A: Yes, this book is suitable for beginners interested in economic policies. It presents complex ideas in a clear and accessible manner.
- Q: Can I use this book for academic purposes? A: Yes, this book can be used for academic purposes. It offers substantial research and analysis on austerity measures.
- Q: Is this book appropriate for students? A: Yes, this book is appropriate for students studying economics or public policy. It provides valuable insights and data analysis.
- Q: How do I care for this hardcover book? A: To care for this hardcover book, keep it in a dry place and avoid exposure to direct sunlight. This will help preserve its quality.
- Q: Can I clean the book if it gets dirty? A: Yes, you can clean the book if it gets dirty. Use a soft, dry cloth to gently wipe the cover and pages.
- Q: What should I do if the book arrives damaged? A: If the book arrives damaged, you should contact the seller for a return or exchange. Most sellers have policies in place for such issues.
- Q: Is there a warranty for this book? A: No, there is typically no warranty for books. However, you can inquire about return policies from the seller.
- Q: What is the main theme of the book? A: The main theme of the book is the effectiveness of austerity measures. It evaluates various fiscal policies across different economies.
- Q: How does this book compare to other economic books? A: This book differs from other economic books by focusing specifically on austerity measures, providing a detailed analysis of their effectiveness.
- Q: Is this book recommended for policymakers? A: Yes, this book is recommended for policymakers. It offers evidence-based insights that can inform fiscal decision-making.
- Q: Does this book include case studies? A: Yes, the book includes case studies from sixteen advanced economies. These case studies illustrate the impacts of different austerity measures.