Since its onset in late 2007, few expected the Great Recession to
be protracted for over half a decade across the world. The Rise and
Fall of Global Austerity explains the origins and history of
austerity, severe implications of the idea of it and how the
continuation of the Great Recession was a by-product of austerity
measures. Covering austerity policies that are in place in the
United States, Europe, and other countries, E Ray Canterbery
explains why austerity is detrimental for economies, economic
policy and the general health of populations around the world. He
highlights the connection between public debt and austerity
policies and shows how the austerity lobby works in the United
States to achieve its goals. Besides presenting a critique of the
rationale for austerity, Canterbery also recommends monetary,
fiscal, and incomes policy remedies, and stresses why economic
growth and full employment are more ideal and pragmatic antidotes
to the Great Recession.
General
Imprint: |
World Scientific Publishing Co Pte Ltd
|
Country of origin: |
Singapore |
Release date: |
February 2015 |
First published: |
November 2014 |
Authors: |
E.Ray Canterbery
|
Dimensions: |
237 x 152 x 22mm (L x W x T) |
Format: |
Hardcover - Cloth over boards
|
Pages: |
312 |
ISBN-13: |
978-981-4603-48-5 |
Categories: |
Books >
Business & Economics >
Economics >
International economics >
General
|
LSN: |
981-4603-48-1 |
Barcode: |
9789814603485 |
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