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Responding to the crisis: economic stabilisation grants


Reference:

Standing, G., 2011. Responding to the crisis: economic stabilisation grants. Policy and Politics, 39 (1), pp. 9-25.

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    Official URL:

    http://dx.doi.org/10.1332/030557311x546389

    Abstract

    This article reviews some of the mainstream policies proposed to tackle the economic crisis of 2008-09 and its aftermath, and goes on to advocate a policy of economic stabilisation grants (ESGs). It argues that ESGs, which would be paid to every citizen at a rate that could be varied according to the severity of the crisis, would be more effective in boosting aggregate demand and more efficient in terms of resource allocation. Unlike the alternatives, ESGs would also address directly two key issues deriving from the process of globalisation, namely the growth of systemic uncertainty and rising inequality.

    Details

    Item Type Articles
    CreatorsStanding, G.
    DOI10.1332/030557311x546389
    Uncontrolled Keywordslabour markets, economic crisis, subsidies, uk, uncertainty, inequality
    DepartmentsFaculty of Humanities & Social Sciences > Social & Policy Sciences
    Research CentresCentre for Analysis of Social Policy (CASP)
    Publisher StatementStanding_PolicyAndPolitics_2011_39_1_9.pdf: This is a post-peer-review, pre-copy edited version of an article published in Policy & Politics. The definitive publisher-authenticated version, Standing, G., 2011. Responding to the crisis: economic stabilisation grants. Policy and Politics, 39 (1), pp. 9-25, is available online at: http://dx.doi.org/10.1332/030557311x546389; Standing_PolicyAndPolitics_2011_39_1_9.doc: This is a post-peer-review, pre-copy edited version of an article published in Policy & Politics. The definitive publisher-authenticated version, Standing, G., 2011. Responding to the crisis: economic stabilisation grants. Policy and Politics, 39 (1), pp. 9-25, is available online at: http://dx.doi.org/10.1332/030557311x546389
    RefereedYes
    StatusPublished
    ID Code23543

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