Why Austerity Persists

Why Austerity PersistsDiscover the critical insights in 'Why Austerity Persists,' a groundbreaking examination delving into the ongoing application of austerity policies across the Global North. This illuminating text reveals the underlying issues surrounding these policies, contrasting their recent adoption with a historical perspective from the Global South. Authors Shefner and Blad provide a thorough analysis of the 45 year history of austerity, addressing the complex

Discover the critical insights in 'Why Austerity Persists,' a groundbreaking examination delving into the ongoing application of austerity policies across the Global North. This illuminating text reveals the underlying issues surrounding these policies, contrasting their recent adoption with a historical perspective from the Global South. Authors Shefner and Blad provide a thorough analysis of the 45-year history of austerity, addressing the complex interplay between economic crises and policy responses. Why do countries continue to implement austerity measures despite evidence of their failures? This book uncovers the answer, exploring how austerity has become the default strategy for managing national economic challenges. Through a series of compelling international case studies, the authors illustrate who has suffered from these policies and who has disproportionately benefited. 'Why Austerity Persists' is essential reading for students, researchers, and policymakers interested in globalization, political economy, and economic sociology. Don't miss this essential resource that questions the status quo and seeks to unravel the persistent nature of austerity in contemporary society.

Note: Shipping for this item is free. Please allow up to 6 weeks for delivery. Once your order is placed, it cannot be cancelled.

Condition: BRAND NEW
ISBN: 9781509509874
Year: 2019
Publisher: John Wiley & Sons (UK)

Note: Shipping for this item is free. Please allow up to 6 weeks for delivery. Once your order is placed, it cannot be cancelled.

Condition: BRAND NEW
ISBN: 9781509509874
Year: 2019
Publisher: John Wiley & Sons (UK)


Description:


Several nations in the Global North have turned to austerity policies in an effort to resolve recent financial ills. What many failed to recognize is the longer history and varied pattern of such policies in the Global South over preceding decades “ policies which had largely proven to fail


Shefner and Blad trace the 45-year history of austerity and how it became the go-to policy to resolve a host of economic problems. The authors use a variety of international cases to address how austerity has been implemented, who has been hurt, and who has benefited. They argue that the policy has been used to address very different kinds of crises, making states and polities responsible for a variety of errors and misdeeds of private actors. The book answers a number of important questions: why austerity persists as a policy aimed at resolving national crises despite evidence that it often does not work; how the policy has evolved over recent decades; and which powerful people and institutions have helped impose it across the globe.


This timely book will appeal to students, researchers, and policymakers interested in globalization, development, political economy, and economic sociology.