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Contents
Austerity 2
Contents 6
Justifications 7
Typical effects 9
Theoretical considerations 10
Multiplier effects 11
Crowding in or out 13
Government budget balance as a sectoral component 13
Other views 17
Empirical considerations 18
Eurozone 18
United States 20
France 21
Latvia 22
Controversy 24
Austerity and economic growth 24
Debt threshold 26
Austerity sequence 28
Balancing stimulus and austerity 30
"Age of austerity" 31
Word of the year 32
Examples of austerity 32
See also 33
Austerity 33
Austerity 35
DEFINITION OF 'AUSTERITY' 35
BREAKING DOWN 'Austerity' 36
The austerity delusion 36
by?Paul Krugman 36
Chapter oneStimulus and its enemies 40
Chapter twoThe austerity moment 44
Chapter threeDecline and fall of the austerity cult 48
The Greek exception 48
Austerity and growth 2009-13 49
Chapter fourA distinctly British delusion 52
Austerity in the UK 53
Why Austerity Is a Dangerous Idea 58
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Last updated on Jul 31, 2016
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Austerity
1.0 by Free Info Club
Jul 31, 2016