San Francisco Public Library

Why austerity persists, Jon Shefner, Cory Blad

eng

Includes bibliographical references (pages 168-194) and index

index present

non fiction

Why austerity persists

bibliography

1090687990

Jon Shefner, Cory Blad

In this book, Shefner and Blad trace the 45-year history of austerity policies and how they became the go-to policy to resolve a host of economic problems. The authors use a variety of cases from the Global North and South to address how austerity has been implemented, who has been hurt, and who has benefited. The authors argue that because the powers that impose austerity have changed over time, the policy has been used to address 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 persisted as a policy aimed at resolving national crises, despite evidence that it often does not work; how the policy itself evolved over recent decades; and who and what the powerful people and institutions are that have helped impose it across the globe. This timely book will appeal to students, researchers, and policy-makers interested in austerity, development, political economy, and economic sociology

Many paths to austerity -- From development to the lost decade in Latin America -- African austerity -- Austerity in Asia and Oceania -- The United States and the inevitability of austerity -- Austerity lands in the European Union -- Why austerity persists