Sentences with phrase «recent fiscal squeezes»

In those more recent fiscal squeezes, year - to - year cuts in public spending have been notably less deep than those imposed after both world wars or the «Geddes Axe» cuts initiated by the Conservative - Liberal coalition of the early 1920s.

And again the most recent fiscal squeeze seems to fit a trend in which increases in tax revenue have played a smaller part in fiscal austerity packages in the UK over the last 30 years than in earlier periods.

Not exact matches

A recent conference on the politics of fiscal squeeze explored some these issues and looked at how it has played out in different times and places.

And over that more recent period (again in contrast to earlier episodes) there were no other forms of austerity imposed alongside fiscal squeeze, in the form of general wage caps, exchange controls or tight money policies.

The same applies to spending cuts in other countries in more recent times, such as Ireland in the late 1980s, or Sweden, Canada, New Zealand and Germany in the 1990s, which we compare in a forthcoming book When the Party's Over: The Politics of Fiscal Squeeze in Perspective.

So what accounts for the apparent disappearance of the hard revenue squeeze from the recent set of fiscal squeezes, and is it a disappearance that is likely to continue or to be reversed in the future?