Christopher Hood (CBE, FBA) is Gladstone Professor of Government Emeritus and Emeritus Fellow of All Souls College, Oxford, and Visiting Professor at the Blavatnik School of Government, Univeristy of Oxford. His publications include A Government that Worked Better and Cost Less? (with Ruth Dixon, 2015, OUP), Forging a Discipline (with Desmond King and Gillian Peele, OUP, 2014), and When the Party's Over: The Politics of Fiscal Squeeze in Perspective (with David Heald and Rozana Himaz, OUP for the British Academy, Proceedings of the British Academy 197, 2014).Rozana Himaz is Senior Lecturer in Economics at Oxford Brookes University. She works on issues pertaining to welfare, policy and the public sector. Her publications include When the Party's Over: The Politics of Fiscal Squeeze in Perspective (with Christopher Hood and David Heald, OUP for the British Academy, Proceedings of the British Academy 197, 2014).

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• PART ONE: BACKGROUND AND OVERVIEW; PART TWO: SELECTED PERIODS OF FISCAL SQUEEZE OVER A CENTURY; PART THREE: PATTERNS AND LESSONS

Christopher Hood (CBE, FBA) is Gladstone Professor of Government Emeritus and Emeritus Fellow of All Souls College, Oxford, and Visiting Professor at the Blavatnik School of Government, Univeristy of Oxford. His publications include A Government that Worked Better and Cost Less? (with Ruth Dixon, 2015, OUP), Forging a Discipline (with Desmond King and Gillian Peele, OUP, 2014), and When the Party's Over: The Politics of Fiscal Squeeze in Perspective (with David Heald and Rozana Himaz, OUP for the British Academy, Proceedings of the British Academy 197, 2014).Rozana Himaz is Senior Lecturer in Economics at Oxford Brookes University. She works on issues pertaining to welfare, policy and the public sector. Her publications include When the Party's Over: The Politics of Fiscal Squeeze in Perspective (with Christopher Hood and David Heald, OUP for the British Academy, Proceedings of the British Academy 197, 2014).

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• PART ONE: BACKGROUND AND OVERVIEW; PART TWO: SELECTED PERIODS OF FISCAL SQUEEZE OVER A CENTURY; PART THREE: PATTERNS AND LESSONS