Government Austerity and Socioeconomic Sustainability

2015
ISBN: 978-3-319-04234-3
Verlag: Springer International Publishing

Buch, Englisch, 44 Seiten, Paperback, Format (B × H): 155 mm x 235 mm, Gewicht: 949 g

Reihe: SpringerBriefs in Economics

This short book integrates the imperatives of public debt sustainability with those of socioeconomic sustainability in the context of budget austerity measures. It is argued that poverty, inequality and unemployment problems should be integral aspects of policy frameworks for austerity and fiscal stability. The economics of austerity in much of economic analysis remains narrowly focused and lopsided, since the implications on the role of human capital and loss of prosperity base are usually ignored. This book argues that various misapplications of policies of government austerity can be avoided if greater attention is accorded to the imperatives of maintaining the win-win approaches for socioeconomic resilience and sustainability in conjunction with debt sustainability and/or fiscal stability.

Zielgruppe

Research

Autoren/Hrsg.

Rao, P. K.

Fachgebiete

• Wirtschaftswissenschaften Volkswirtschaftslehre Wirtschaftspolitik, politische Ökonomie
• Sozialwissenschaften Politikwissenschaft Regierungspolitik Wirtschafts- und Finanzpolitik

Inhaltsverzeichnis

Introduction.- Poverty, Inequality and Unemployment: Socioeconomic Policy and Rawlsian Justice.- Economics of Austerity.- Government Austerity in Practice.- Debt Sustainability and Innovative Mechanisms for Socioeconomic Sustainability.