The politics of fiscal effort in Spain and Ireland

market credibility versus political legitimacy

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

Austerity measures in response to Eurozone crisis have tended to be conceived, debated, and implemented as if only the technical parameters of budget management mattered. But policies that impose budgetary hardships on citizens, whether in the form of increased taxes or cuts to public spending go right to the heart of voter expectations about what it is both appropriate and acceptable for governments to do. Pro-cyclical measures that worsen an already difficult situation in a recession run counter to deep-seated norms and expectations in European countries, built up over decades of democratic governance, whereby governments are expected to provide offsetting protection for their citizens against the vicissitudes of the market. If austerity measures are held to be unavoidable in response to market turbulence, and especially if this view is underwritten by international authorities, new challenges of political legitimation are likely to arise. These issues are explored through the experiences of Spain and Ireland.
Original languageEnglish
Title of host publicationThe Politics of Extreme Austerity
Subtitle of host publicationGreece beyond the Crisis
EditorsGeorgios Karyotis, Roman Gerodimos
Publication statusAccepted/In press - 2014

Fingerprint

credibility
Ireland
legitimacy
Spain
citizen
Eurozone
public spending
politics
legitimation
market
recession
taxes
voter
budget
governance
management
experience
Political legitimacy
Government
Credibility

Keywords

  • economic politics
  • Spanish economics
  • Irish economics
  • Ireland
  • Spain
  • market credibility

Cite this

Dellepiane Avellaneda, S., & Hardiman, N. (Accepted/In press). The politics of fiscal effort in Spain and Ireland: market credibility versus political legitimacy. In G. Karyotis, & R. Gerodimos (Eds.), The Politics of Extreme Austerity: Greece beyond the Crisis
Dellepiane Avellaneda, Sebastian ; Hardiman, Niamh. / The politics of fiscal effort in Spain and Ireland : market credibility versus political legitimacy. The Politics of Extreme Austerity: Greece beyond the Crisis. editor / Georgios Karyotis ; Roman Gerodimos. 2014.
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Dellepiane Avellaneda, S & Hardiman, N 2014, The politics of fiscal effort in Spain and Ireland: market credibility versus political legitimacy. in G Karyotis & R Gerodimos (eds), The Politics of Extreme Austerity: Greece beyond the Crisis.

The politics of fiscal effort in Spain and Ireland : market credibility versus political legitimacy. / Dellepiane Avellaneda, Sebastian; Hardiman, Niamh.

The Politics of Extreme Austerity: Greece beyond the Crisis. ed. / Georgios Karyotis; Roman Gerodimos. 2014.

Research output: Chapter in Book/Report/Conference proceedingChapter

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T1 - The politics of fiscal effort in Spain and Ireland

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AU - Hardiman, Niamh

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KW - economic politics

KW - Spanish economics

KW - Irish economics

KW - Ireland

KW - Spain

KW - market credibility

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M3 - Chapter

BT - The Politics of Extreme Austerity

A2 - Karyotis, Georgios

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ER -

Dellepiane Avellaneda S, Hardiman N. The politics of fiscal effort in Spain and Ireland: market credibility versus political legitimacy. In Karyotis G, Gerodimos R, editors, The Politics of Extreme Austerity: Greece beyond the Crisis. 2014