Paradox of Fiscal Austerity: How Cutting Deficits Saved the Modern World

By Justin Vlez-Hagan and Justin Velez-Hagan

When financial crises initiated a global recession in 2008, massive public debt forced policymakers in the developed world to impose tough fiscal consolidations to counter growing deficits. The most effective solutions, however, were often the ones most counterintuitive and least politically feasible, catching policymakers in a fiscal paradox.

• Format: Paperback
• Language: English
• ISBN: 1498571956
• ISBN13: 9781498571951
• Release Date: June 2021
• Publisher: Lexington Books
• Length: 222 Pages
• Weight: 0.67 lbs.
• Dimensions: 0.5" x 6.0" x 9.0"