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Vor einem Tag · In October 2012, the IMF said that its forecasts for countries which implemented austerity programmes have been consistently overoptimistic, suggesting that tax hikes and spending cuts have been doing more damage than expected, and countries which implemented fiscal stimulus, such as Germany and Austria, did better than expected.
Vor einem Tag · These include a questioning of laissez-faire capitalism and austerity, and the rise of so-called ‘populist’ parties on both the left and right. Clara Mattei’s (2022) The Capital Order: How Economists Invented Austerity and Paved the Way to Fascism thus makes an interesting contribution, by locating the key argument of her book in the febrile period of European history between the wars.
2. Mai 2024 · This isn’t the kind of ailment that German frugality can cure: Austerity-led export “competitiveness” is no longer a growth lever in a world that’s deglobalizing, with Berlin less able to...
15. Mai 2024 · We capture the austerity packages that were implemented during the electoral period that is leading up to the election recorded in a particular ESS wave.25 In our main model specification, we use a dummy that takes a value of 1 if any austerity measure was introduced during the electoral period before the election that we analyze.26 To capture economic vulnerability, we use the number of years ...
20. Mai 2024 · Ein Essay von Ullrich Fichtner. Was ist typisch deutsch? 75 Jahre nach Gründung der Bundesrepublik heißt es oft: Angst, Verzagtheit, Zaudern. Dabei ist es eine gute Sache, dass sich heute ...
3. Mai 2024 · In addition, he does not believe that inflexibility is a criterion of austerity as such, but “the product of mistrust in compliance with treaty rules” and recalls that “Merkel herself has stated in the German parliament that she would even accept eurobonds, if there was assured compliance with the rules.”
23. Mai 2024 · As Blyth lines out, austerity refers to the process by which governments cut spending on public services and social welfare, as they attempt to reduce deficits. It is often used as a solution in times of economic crisis, such as the Great Depression of the 1930s, and the Global Financial Crisis (GFC) of 2008.
