Government Austerity and Socioeconomic Sustainability

  • P.K.┬áRao

Part of the SpringerBriefs in Economics book series (BRIEFSECONOMICS)

Table of contents

About this book

Introduction

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.

Keywords

Fiscal Stability Government Austerity Inclusive Economic Development Public Debt Sustainability Unemployment

Authors and affiliations

  • P.K.┬áRao
    • 1
  1. 1.International Development ConsultantInternational Development ConsultantPrincetonUSA

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-319-04235-0
  • Copyright Information The Author(s) 2015
  • Publisher Name Springer, Cham
  • eBook Packages Business and Economics
  • Print ISBN 978-3-319-04234-3
  • Online ISBN 978-3-319-04235-0
  • Series Print ISSN 2191-5504
  • Series Online ISSN 2191-5512
  • About this book