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 elevate taxes) within the united kingdom over a century from 1900 to 2015. The authors research how varied 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) financial 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 said monetary results from ancient records after which going at the back of these numbers to discover the political offerings and approaches in play. This research identifies a few styles that experience no longer been defined or perhaps well-known in past works on retrenchment and
austerity. for instance, it identifies a protracted time period shift from what it phrases a 'surgery with out anaesthetics' method (deep yet short-lived episodes of spending restraint or tax raises) within the previous a part of the interval in the direction of a 'boiling frogs' technique (episodes within which the ache is opened up over an extended interval) in additional contemporary a long time. It additionally identifies a curious aid of revenue-led squeezes in additional fresh a long time, and a puzzle over why blame-avoidance common sense basically ended in outsourcing
painful judgements over squeeze in a minority of instances. in addition, the volume's particular method of classifying kinds of economic squeezes and qualitatively assessing their depth seeks to resolve the puzzle as to why voter'punishment' of governments that impose austerity guidelines looks 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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