Phrases with «financial austerity»

Financial austerity refers to a practice of cutting government spending and reducing public expenses in order to improve the overall financial situation of a country. It usually involves reducing budgets, increasing taxes, and implementing other actions to reduce debt and achieve economic stability. Full definition

Sentences with «financial austerity»

  • In times of financial austerity, military spending is constrained by the willingness of a society to pay for its security and interests. (blog.politics.ox.ac.uk)
  • What's unclear is how a state hell - bent on financial austerity can afford to create what is essentially a new parallel school system of taxpayer supported charter schools. (salon.com)
  • Although ISU combines space and education — two areas that are prime targets for financial austerity advocates — 75 percent of ISU graduates successfully find jobs in their field. (sciencemag.org)
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