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Trimming the Sails: The Comparative Political Economy of Expansionary Fiscal Consolidations

Trimming the Sails: The Comparative Political Economy of Expansionary Fiscal Consolidations

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  • More about Trimming the Sails: The Comparative Political Economy of Expansionary Fiscal Consolidations

The book explores the expansionary fiscal consolidations concept and why only a few countries experience it. It highlights the need for institutional conditions and circumstances to be considered.

Format: Hardback
Length: 270 pages
Publication date: 16 January 2025
Publisher: Central European University Press


The book offers a comprehensive, interdisciplinary, and methodical examination of the relatively recent concept of expansionary fiscal consolidations. This concept proposes that fiscal adjustments should not be at odds with economic growth under specific circumstances. However, why do only a few countries and only at certain times witness the expansionary effects, while others do not experience them at all? The essential institutional prerequisites and circumstances have been either completely overlooked in the literature or analyzed only partially, at best.

The Book's Analysis of Expansionary Fiscal Consolidations


The book provides a clear, multidisciplinary and systematic analysis of the relatively new concept of the so-called expansionary fiscal consolidations. This concept suggests that fiscal adjustment should not be in trade-off with economic growth if certain conditions are met. But why do only a few countries and only at certain times experience the expansionary effects, while others not at all? The necessary institutional conditions and circumstances have been totally neglected in the literature, or analyzed only partially at best.

The Book's Analysis of Expansionary Fiscal Consolidations


The book offers a comprehensive, interdisciplinary, and methodical examination of the relatively recent concept of expansionary fiscal consolidations. This concept proposes that fiscal adjustments should not be at odds with economic growth under specific circumstances. However, why do only a few countries and only at certain times witness the expansionary effects, while others do not experience them at all? The essential institutional prerequisites and circumstances have been either completely overlooked in the literature or analyzed only partially, at best.

Weight: 540g
Dimension: 164 x 231 x 22 (mm)
ISBN-13: 9789639776012

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