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Paperback The Politics of Fiscal Responsibility: A Comparative Perspective Book

ISBN: 163723807X

ISBN13: 9781637238073

The Politics of Fiscal Responsibility: A Comparative Perspective

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Book Overview

Fiscal policy challenges following the Great Recession forced members of the Organisation for Economic Co-operation and Development (OECD) to implement a set of economic policies to manage public debt. Most actions centered on major spending cuts and increasing taxes in an attempt to manage political and social fallout. Governments put fiscal austerity measures in place when their debt is so large that the inability to honor required service payments...

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