policyandsocietynewcover_(2)

Share this article

Facebook
Twitter
LinkedIn
Listen to this article

The aim of this article is to explore the nature of policy change in the domain of public finance (fiscal policy) in the wake of the coronavirus disease (Covid-19) pandemic as well as for a post-Covid era. It draws upon the literatures of path dependency and ideational change in public policy to consider three broad questions: (1) whether the pandemic really is a critical juncture for policy change; (2) whether the extant neoliberal austerity paradigm has faced lasting ideational displacement by Keynesianism; and (3) whether Covid-19 has really punctuated the existing fiscal policy equilibrium or rather served as a path-clearing accelerator of public finance trends that were already underway. The article then
suggests three potential future trajectories: Keynesian, neoliberal, and mixed/other to consider how the path of policy change might materialize in the fiscal realm in the post-Covid era.

This article was published at https://academic.oup.com/policyandsociety/article/41/1/68/6513363

Recent Publications

Browse through the list of recent publications.

Why are Pakistanis Moving Abroad?

Barbers are generally very talkative. They always like to give their point of view on host of issues, ranging from what’s happening in locality to politics and sometimes even religion. I try and get a haircut at least once a month and visit different barber shops. Last month when I visited a nearby barber shop, the barber was very quiet which was a bit unusual.
204 views

Read More »

PIA and the Promise of Privatisation

The Pakistan International Airlines (PIA), once the shining jewel among global airlines, still carries the legacy of its golden era. Though recent decades have posed challenges and shifted the carrier to face financial headwinds, the spirit of the airline remains undimmed. The combined challenges of a fluctuating economy, global events such as the COVID-19 ​
386 views

Read More »