The Austerity State

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Pub Date 26 Sep 2017 | Archive Date 17 Oct 2017

Description

The fall-out from the economic and financial crisis of 2008 had profound implications for countries across the world, leading different states to determine the best approach to mitigating its effects. In The Austerity State, a group of established and emerging scholars tackles the question of why states continue to rely on policies that, on many levels, have failed.

After 2008, austerity policies were implemented in various countries, a fact the contributors link to the persistence of neoliberalism and its accepted wisdoms about crisis management. In the immediate aftermath of the 2008 collapse, governments and central banks appeared to adopt a Keynesian approach to salvaging the global economy. This perception is mistaken, the authors argue. The “austerian” analysis of the crisis is ahistorical and shifts the blame from the under-regulated private sector to public or sovereign debt for which public authorities are responsible.

            The Austerity State provides a critical examination of the accepted discourse around austerity measures and explores the reasons behind its continued prevalence in the world.

 

 

Stephen McBride is a professor and Canada Research Chair in Public Policy and Globalization in the Department of Political Science at McMaster University.

 

Bryan M. Evans is a professor in the Department of Politics and Public Administration at Ryerson University.

The fall-out from the economic and financial crisis of 2008 had profound implications for countries across the world, leading different states to determine the best approach to mitigating its...


Advance Praise

Austerity State is not only a useful contribution to scholarship, but can be expected to displace those on the reading list as a more up-to-date account and analyses on the practise of austerity by North American and European states amidst the global economic crisis. Austerity State is broadly and deeply canvased.”


Leo Panitch, Distinguished Research Professor of Political Science and Canada Chair in Comparative Political Economy, York University  


The Austerity State addresses major themes that are crucial for political economy in our century”

 

Paul Kellogg, Centre for Interdisciplinary Studies, Athabasca University.

Austerity State is not only a useful contribution to scholarship, but can be expected to displace those on the reading list as a more up-to-date account and analyses on the practise of...


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- Scholarly Journals

- Conferences


Available Editions

EDITION Paperback
ISBN 9781487521950
PRICE 34.95