Collective Austerity and its Consequences / اجتمائی کفائت شاری اور اس کے اثرات

CASS Working Papers on Economics & National Affairs

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See all articles by Usman W. Chohan

Usman W. Chohan

UNSW Business School; Critical Blockchain Research Initiative (CBRI); Centre for Aerospace & Security Studies (CASS)

Date Written: January 6, 2020

Abstract

This Urdu language working paper discusses economic consequences of a prolonged macroeconomic austerity effort, including a critique of its logic, the problems of a weak fiscal architecture, the disproportionate and regressive nature of its imposition, and lessons to be drawn from other crisis-afflicted countries. The paper’s findings suggest that austerity-economics is not a viable approach towards macroeconomic reform in the longer run.

Keywords: Austerity, Macroeconomics, Stimulus, Depression, IMF, Pakistan

Suggested Citation

Chohan, Usman W., Collective Austerity and its Consequences / اجتمائی کفائت شاری اور اس کے اثرات (January 6, 2020). CASS Working Papers on Economics & National Affairs. Available at SSRN: https://ssrn.com/abstract=

Usman W. Chohan (Contact Author)

UNSW Business School ( email )

UNSW Business School
High St
Sydney, NSW 2052
Australia

Critical Blockchain Research Initiative (CBRI) ( email )

Centre for Aerospace & Security Studies (CASS) ( email )

Islamabad
Pakistan

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