Search results for "Austerity"
showing 10 items of 30 documents
The Financial Crisis: An Introduction
2020
This section discusses the origins of the Eurozone crisis in European Monetary Union before discussing various dimensions of how the Eurozone coped, its impact on integration, and the crisis’ implications for the future of the EU. While the authors all show that the EU’s response to the financial crisis reflected the scenario ‘muddling through,’ they have different perspectives on the future of integration post crisis. Rosen and Olsen point out that the austerity policies implemented after crisis resulted in collective protest movements across Europe. Tranoy and Stenstad highlight the failure of financial sector reforms to reset the social role of finance in a more equitable way. Caporaso a…
Towards the Post-Carbon Society: Searching for Signs of the Transition and Identifying Obstacles
2016
The transition to a post-carbon society, in which the consumption of fossil fuels falls over time, is determined by the need to prevent catastrophic climate change, the increasing cost of energy and complex combinations of both these causes. The transition will not only entail political adjustments and the replacement of some technologies by others, but will be accompanied by social and cultural changes that bring about substantial modifications in the organization of our societies and our ways of life. Based on the situation in Spain, this article analyses whether the current conditions, which date back to the crisis that began in 2007, favour a benign and smooth transition, or, on the con…
Opera houses: from democratization to plutocratic control? Lyric production, economic management, and elite control in the main Spanish opera houses …
2021
For 20 years, the main cultural institutions in Europe have faced new challenges such as increasing their efficiency in terms of the use of public resources. However, while operas found themselves ...
Being positive, being hopeful, being happy : young adults reflecting on their future in times of austerity
2020
The aim of this article is to analyse the ways in which young adults reflect on their futures. We are particularly interested in how they expect to organize their lives in conditions that seem to offer pessimistic rather than hopeful prospects. How does this happen under social conditions where the major public and individual concerns are with how young adults organize their material lives and how they earn sufficient livelihoods to become good citizens? What are the grounds for their future visions? In our analysis we use 40 interviews with young Finnish adults aged between 18 and 30. The respondents are students, as well as employed and unemployed young adults. Our findings show that the…
CHANGING SCHOOL AFTER THE GLOBAL RECESSION : THE CASE OF LATVIA
2015
Latvia demonstrates common trends with the majority of the countries affected by the recession, as well as some peculiarities in overcoming the impact of the global economic and financial recession on education mainly due to an unbelievable austerity. Education in this country has suffered greatly, and its damage is adequate to the 67% of the budget cuts between 2008 and 2011 (IZM, 2011). The article deals with the school improvement after the recession, recent implementation of innovations to cover the damages and catch up with the ideas of the Next Generation learning, to supply schools with the appropriate curricula and meeting the learners needs for their individual development and abil…
Is fiscal fatigue a threat to consolidation programmes?
2015
Building on a narrative approach to identify episodes of fiscal consolidation, data for a group of 17 industrial countries over the period 1978-2009 and continuous-time duration models, we find evidence suggesting that the likelihood of a fiscal consolidation ending increases over time, but only for programs that last less than six years. Additionally, fiscal consolidations tend to last longer in non-European than in European countries. Our results emphasize that chronic fiscal imbalances might lead to a vicious austerity cycle, while discipline in the behaviour of fiscal authorities is a means of achieving credible and shorter adjustment measures. Therefore, fiscal fatigue is likely to com…
Working under pressure: economic recession and third sector development in Europe
2016
Purpose – The context conditions for third sector organizations (TSOs) in Europe have significantly changed as a result of the global economic crisis, including decreasing levels of public funding and changing modes of relations with the state. The effect of economic recession, however, varies across Europe. The purpose of this paper is to understand why this is the case. It analyses the impact of economic recession and related policy changes on third sector development in Europe. The economic effects on TSOs are thereby placed into a broader context of changing third sector policies and welfare state restructuring. Design/methodology/approach – The paper focusses on two research questions…
Hidden costs of cuts: austerity, civil service management and the motivation of public officials in Central and Eastern Europe after the crisis
2016
The implementation of austerity measures presents a dilemma for governments. While austerity measures such as cutbacks aim to reduce costs and enhance public sector efficiency, the same measures might undermine the motivation of employees and, consequently, the prospects of effectively implementing austerity programmes. Based on a survey of ministerial officials in Poland and Latvia, this article finds that the scale of cutbacks explains a larger decline of staff motivation in Latvia than in Poland. The article further shows that motivation was more likely to decrease after the crisis if austerity measures involved cutbacks such as staff reductions, recruitment freezes, and a reduction of t…
Demand for Primary Schooling in Rural Mali : Should User Fees Be Increased ?
1996
International audience; This paper presents estimates of the price elasticity of demand for primary schooling, using household and school survey data from rural Mali. The elasticity of enrolment with respect to the local school fee is compared with the effects on enrolment of distance to the school and various indicators of school quality, including books per classroom and the number of grades offered. Fees have a negative effect; however, certain improvements in school quality could easily offset in terms of enrolment any negative effect of higher fees to finance such improvements. For example, the astonishingly low average of two books per classroom could be doubled for a 10 per cent incr…
La insuficiencia de las actuales políticas de fomento de cooperativas y sociedades laborales frente a la crisis en España
2014
El objeto del presente artículo es analizar las políticas de fomento de cooperativas y sociedades laborales durante este periodo de crisis, identificando los principales dispositivos existentes y los de nueva implantación, evaluando su alcance y valorando su nivel de eficacia. Se han distinguido tres grupos de políticas de fomento, las políticas tradicionales de fomento, las políticas de nuevo cuño, incluyendo en estas últimas las medidas urdidas por los gobiernos regionales y la nueva ley de economía social y finalmente las políticas de austeridad. Se concluye, en primer lugar, que las cooperativas y sociedades laborales no constituyen un sector muy subvencionado dado que el alcance de est…