Artikel

Can austerity be self-defeating?

With European governments cutting back on spending, many are asking whether this could make matters worse. In the UK for instance, recent OECD estimates suggest that 'austerity' will lead to another recession, which in turn may lead to a higher debt-to-GDP ratio than before. As the debate heats up, the following two articles attempt to provide some cool economic logic: Credible austerity plans are required by Daniel Gros and Why austerity can become self-defeating for member states of a currency union by Rainer Maurer.

Language
Englisch

Bibliographic citation
Journal: Intereconomics ; ISSN: 1613-964X ; Volume: 47 ; Year: 2012 ; Issue: 3 ; Pages: 175-184 ; Heidelberg: Springer

Classification
Wirtschaft
Subject
Austeritätspolitik
Wirkungsanalyse
EU-Staaten

Event
Geistige Schöpfung
(who)
Gros, Daniel
Maurer, Rainer
Event
Veröffentlichung
(who)
Springer
(where)
Heidelberg
(when)
2012

DOI
doi:10.1007/s10272-012-0418-7
Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Artikel

Associated

  • Gros, Daniel
  • Maurer, Rainer
  • Springer

Time of origin

  • 2012

Other Objects (12)