G2TT
来源类型Book
规范类型其他
ISBN9789461383303
Austerity
其他题名European Democracies against the Wall
Lorenzo B. Smaghi
发表日期2013-10-29
出版者Centre for European Policy Studies, October 29, 2013
出版年2013
语种英语
摘要
bookcover_austerity

The crisis in the eurozone has had a dramatic impact on the economic and social fabric of European countries. However, the economic dimension is only the symptom of a broader problem. The crisis is primarily political in nature. Lorenzo Bini Smaghi argues in this book that the crisis reflects the inability of western democracies to solve problems that have been building for over two decades. He finds that democratically elected officials are loathe to take unpopular decisions that could jeopardize their reelection. Emergency thus becomes the engine of political action, and the justification for corrective measures vis-à-vis the voters. As a consequence, the cure in the form of austerity, administered belatedly under pressure from the markets, becomes even more painful and unpopular, giving rise to populist movements and endangering democracy itself.

URLhttps://www.brookings.edu/book/austerity/
来源智库Brookings Institution (United States)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/287325
推荐引用方式
GB/T 7714
Lorenzo B. Smaghi. Austerity. 2013.
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