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Austerity The New Normal Ortiz Cummins 6 Oct 2019 by HiromiIijimaCruz is a document available to read on EtoBox.

What is Austerity The New Normal Ortiz Cummins 6 Oct 2019 about?

The document analyzes government expenditure trends from 2005-2024 in 189 countries. It finds that while many countries increased spending during the financial crisis in 2008-2009, most implemented austerity measures from 2010-2024, cutting spending significantly. It then reviews IMF country reports from 2018-2019 to identify common adjustment measures used, such as wage bill cuts, pension reforms, reducing subsidies, and increasing taxes. It discusses the negative social impacts of austerity and argues alt

Author

HiromiIijimaCruz

Language

EN