Financial Crises and the Politics of Macroeconomic Adjustments

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The book delves into the varying responses of governments to macroeconomic challenges, exploring the reasons behind their differing approaches. It highlights how political, social, and economic factors influence decision-making and the tendency to postpone necessary reforms until a financial crisis compels action. Through analysis, it provides insights into the complexities of governance and economic policy, making it relevant for those interested in economics and political science.