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A Century of Fiscal Squeeze Politics100 Years of Austerity, Politics, and Bureaucracy in Britain$
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Christopher Hood and Rozana Himaz

Print publication date: 2017

Print ISBN-13: 9780198779612

Published to Oxford Scholarship Online: June 2017

DOI: 10.1093/oso/9780198779612.001.0001

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Setting the Scene

Setting the Scene

The Politics of Austerity and Fiscal Squeeze

Chapter:
(p.3) 1 Setting the Scene
Source:
A Century of Fiscal Squeeze Politics
Author(s):

Christopher Hood

Rozana Himaz

Publisher:
Oxford University Press
DOI:10.1093/oso/9780198779612.003.0001

This chapter discusses and defines fiscal squeeze, explains why fiscal squeeze and austerity is important and intriguing, sets out a way to identify, classify, and measure fiscal squeezes, and shows what can be learnt from exploring a single case, that of the UK, over a century. It reviews relevant literature and identifies three key political choices in fiscal squeeze: (a) tax hikes versus spending cuts; (b) depth versus length of squeezes (‘surgery without anaesthetics’ or ‘boiling frogs’); (c) how to handle the blame and the tactic of ‘heresthetic’. It develops the analytic approach pursued in the book, combining quantitative and qualitative analysis and focusing the latter on loss imposition, political cost to incumbents, and state effort in fiscal squeeze.

Keywords:   austerity, UK, tax hikes, spending cuts, ‘surgery without anaesthetics’, blame, heresthetic, loss imposition, political cost, state effort

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