Accounting, inequality and COVID-19 in Australia
| Autor: | Max Baker, James Guthrie, Jane Andrew |
|---|---|
| Rok vydání: | 2021 |
| Předmět: |
Social accounting
Inequality business.industry media_common.quotation_subject 05 social sciences Economics Econometrics and Finance (miscellaneous) Accounting research Neoliberalism Public policy Accounting 050201 accounting Economic inequality Political science 0502 economics and business Public budgeting business 050203 business & management Regressive tax media_common |
| Zdroj: | Accounting, Auditing & Accountability Journal. 34:1471-1483 |
| ISSN: | 0951-3574 |
| DOI: | 10.1108/aaaj-07-2020-4688 |
| Popis: | PurposeThe authors explore the Australian Government's implementation of budgetary measures to manage the social and economic impacts of COVID-19, paying particular attention to how the country's history of inequality has shaped these actions, and the effect inequality may have on outcomes.Design/methodology/approachIn this qualitative case study of public budgeting, the authors draw on the latest research into inequality to consider the implications of policy responses to COVID-19 in Australia. In particular, we examine the short-term introduction of what we term “people-focused” budgetary measures. These appeared contrary to the dominant neoliberalist approach to Australian welfare policymaking.FindingsThis paper foregrounds the relationship between budgeting, public policy and inequality and explores how decades of increasingly regressive tax systems and stagnating living wages have made both people, and the state, vulnerable to crises like COVID.Social implicationsThere is still much to learn about the role of accounting in the shaping of growing economic inequality. In focusing on public budgeting within the context of COVID, the authors suggest ways accounting researchers can contribute to our understanding of economic inequality, both in terms of drivers and consequences. The authors hope to contribute to a growing body of accounting research that can influence social movements, political debates and policymaking, while also raising awareness of the consequences of wealth and income inequality.Originality/valueThe authors explore ways accounting scholars might help articulate a post-COVID future that avoids recreating the inequalities of the past and present. |
| Databáze: | OpenAIRE |
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