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Varieties of Austerity
January 29, 2021 at 9:30 am - 10:30 am
The Department of Economics, Philosophy and Political Science presents a talk from Dr. Heather Whiteside and Dr. Stephen McBride, authors of Varieties of Austerity.
Austerity is not always one-size-fits-all; it can be a flexible, class-based strategy taking several forms depending on the political-economic forces and institutional characteristics present. This research identifies continuity and variety in crisis-driven austerity restructuring across Canada, Denmark, Ireland and Spain. In their analysis, the authors focus on several components of austerity, including fiscal and monetary policy, budget narratives, public sector reform, labor market “flexibilization”, and resistance. In doing so, they uncover how austerity can be categorized into different dynamic types, and expose the economic, social, and political implications of the varieties of austerity.
Dr. Whiteside is an associate professor of political science at the University of Waterloo and Fellow at the Balsillie School of International Affairs.
Dr. McBride is a professor of political science and Canada Research Chair in public Policy and globalization at McMaster University.