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This book sheds new light on if and why, between 2009 and 2015, European governments succeeded or failed in initiating and actually realizing some of the farthest-reaching austerity plans in modern history. The author analyzes the economic and political context and the underlying causes of austerity and economic adjustment packages during the Euro crisis. In doing so, he shows that austerity has its roots in an institutional mismatch between capitalist diversity in the Eurozone on the one hand, and an ill-conceived common economic regime on the other. In this context, austerity trumped politics, and even democracy itself. The book will appeal to scholars of political science and comparative political economy, as well as governmental policymakers and practitioners in the finance sector.

Fiscal policy --- Tax and expenditure limitations --- Caps, Spending (Economic policy) --- Expenditure limitations (Economic policy) --- Fiscal limitations (Economic policy) --- Fiscal restraints (Economic policy) --- Limitations, Tax and expenditure --- Limits, Spending (Economic policy) --- Revolt, Tax --- Spending caps (Economic policy) --- Spending limits (Economic policy) --- Tax limitations --- Tax payers' revolt --- Tax revolt --- Taxpayer revolts --- Expenditures, Public --- Government spending policy --- Taxation

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Public opinion --- Real property tax --- Tax and expenditure limitations --- Opinion publique --- Biens réels --- Impôts et dépenses publiques --- Impôts --- Réduction --- taxation --- eua --- aanslag --- vsa --- Public opinion. --- Biens réels --- Impôts et dépenses publiques --- Impôts --- Réduction --- Caps, Spending (Economic policy) --- Expenditure limitations (Economic policy) --- Fiscal limitations (Economic policy) --- Fiscal restraints (Economic policy) --- Limitations, Tax and expenditure --- Limits, Spending (Economic policy) --- Revolt, Tax --- Spending caps (Economic policy) --- Spending limits (Economic policy) --- Tax limitations --- Tax payers' revolt --- Tax revolt --- Taxpayer revolts --- Expenditures, Public --- Government spending policy --- Taxation --- Council tax --- Land tax --- Land use --- Real estate tax --- Real property --- Taxation of real property --- Property tax --- Homestead exemptions

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Economics --- Expenditures, Public. --- Externalities (Economics) --- Expenditures, Public --- 336.39 --- Appropriations and expenditures --- Government appropriations --- Government expenditures --- Government spending --- Public expenditures --- Public spending --- Spending, Government --- Finance, Public --- Public administration --- Government spending policy --- Costs, Social --- External economies and diseconomies --- External effects (Economics) --- Social costs --- Public goods --- Waste (Economics) --- Welfare economics --- Externalities (Economics). --- Tax and expenditure limitations --- Caps, Spending (Economic policy) --- Expenditure limitations (Economic policy) --- Fiscal limitations (Economic policy) --- Fiscal restraints (Economic policy) --- Limitations, Tax and expenditure --- Limits, Spending (Economic policy) --- Revolt, Tax --- Spending caps (Economic policy) --- Spending limits (Economic policy) --- Tax limitations --- Tax payers' revolt --- Tax revolt --- Taxpayer revolts --- Taxes --- Debts, Public. --- Social choice. --- Tax and expenditure limitations. --- Taxation. --- Debts, Public --- Social choice --- Taxation --- 336.2 --- Choice, Social --- Collective choice --- Public choice --- Choice (Psychology) --- Social psychology --- Debts, Government --- Government debts --- National debts --- Public debt --- Public debts --- Sovereign debt --- Debt --- Bonds --- Deficit financing --- Duties --- Fee system (Taxation) --- Tax policy --- Tax reform --- Taxation, Incidence of --- Revenue