Proceedings of the British Academy: When the Party's Over: The Politics of Fiscal Squeeze in Perspective (Volume 197)

Hood, C. (ed) et al

ISBN 10: 0197265731 / ISBN 13: 9780197265734

Published by Oxford University Press, 2014

About this Item

Volume 197. This is an ex-library book and may have the usual library/used-book markings inside.This book has hardback covers. Book contains pencil markings. In good all round condition. Dust jacket in good condition. Please note the Image in this listing is a stock photo and may not match the covers of the actual item,750grams, ISBN:9780197265734.

Seller Inventory # 8685256

Bibliographic Details

• Title: Proceedings of the British Academy: When the Party's Over: The Politics of Fiscal Squeeze in Perspective (Volume 197)
• Publisher: Oxford University Press
• Publication Date: 2014
• Language: English
• ISBN 10: 0197265731
• ISBN 13: 9780197265734
• Binding: Hardcover
• Condition: Good
• Dust Jacket Condition: Dust Jacket Included
• Weight: 750 grams
• Seller catalogs:
  • Political Science

About this title

Synopsis

The politics of cutting public spending or raising taxes (or both) has dominated politics in many democracies in recent years. A new era of conflict has developed, with old political alignments being tested and new battles emerging over whose expectations are to be disappointed and who should be blamed for fiscal squeeze.
Do parties who cut spending always go down to defeat in elections? Are there 'best practice' cases that every government should follow when it has to cut spending or raise taxes to balance its public finances? Such issues have mainly been analysed from an economic or financial perspective and in the context of recent cases. By contrast, this book focuses on the politics of fiscal squeeze and takes a longer view.
It combines quantitative and qualitative analysis to examine cases ranging from the fiscal squeeze in the United States in the 1830s/40s (when half of the states then in the Union defaulted) to the squeeze following the 2001 Argentinian default. It assesses who were the winners and losers, who got the blame and what were the longer-term effects on politics and government. It argues that 'how to do it' approaches to fiscal squeeze in democracies, based on apparently successful cases, often fail to take into account profound differences in circumstances.

About the Author

Christopher Hood, Gladstone Professor of Government, Fellow of All Souls College, Oxford

David Heald, Professor of Accountancy, University of Aberdeen Business School

Rozanna Himaz, Lecturer in Economics, Queen's College Oxford and Post Doctoral Researcher, Department of Politics, Oxford