Sentences with phrase «austerity programs»

The phenomenon is now recognized as an inherent stage of austerity programs.

The so - called austerity programs of bailout # 1 have not been fully implemented, and none of the austerity from bailout # 2 has been implemented.

In response to the dawn of the financial crisis, in 2010 the Greek government along with Troika (European Union (EU), the International Monetary Fund (IMF) and the European Central Bank (ECB) introduced a strict austerity program in order to receive its first bailout loan.

The first group of so - called debt hawks sees another Great Recession coming and wants national governments to focus on austerity programs aimed at deficit reduction because rising sovereign debts are behind our current economic woes.

Merkel has been widely attacked abroad - and even depicted as «Europe's most dangerous leader» by left - wing UK magazine «New Statesman» - for insisting on strict austerity programs for high - debt and recession - hit nations in the euro crisis.

Greece, Spain, Italy and other countries flirted with disaster as interest rates spiked, forcing the debtor nations to accept austerity programs.

Austerity programs similar to those imposed on third - world countries by the International Monetary Fund may soon be required of the United States.

As Globe columnist Neil Reynolds recently noted, the IMF has called on the United States and Europe to abandon austerity programs before either had put any in place.

«Their numbers aren't so bad, but to continue those policies without enacting a relatively strong fiscal austerity program is going to cause problems.»

Even with austerity programs in place, the eurozone's collective budget deficit this year will exceed 4.5 % of GDP.

Supporters point to Ireland, Portugal and Spain as nations that have bounced back to varying degrees after austerity programs; critics point to Greece, which has remained economically troubled.

It exposes what's wrong in the mainstream economics and why most of the economics that justifies austerity programs and economic shrinkage is in the textbooks is not scientific.

Government planning has become subordinate to the dictates of unelected central bankers and the International Monetary Fund imposing austerity programs rather than funding capital formation and rising living standards.

The situation becomes worse as the government borrows from the IMF and is forced to enact an anti-Keynesian austerity program.

Now, Sharmini, for the last 50 years, every single austerity program that the IMF has made, has shrunk the economy.

After more than two years of financial crisis, international bailouts, a huge debt writedown and Europe's harshest austerity program, Greek voters have been given a chance to hit back at the parties that got them into this mess.

The shares have been weak, like we have seen for many European industrial companies, because investors fear that government austerity programs may precipitate a European recession.

The EU and IMF - style austerity programs to pay off foreign debts that corrupt insiders have run up is not what was promised in 1991 the post-Soviet economies or Third World debtors.

Up until 2012, Chinese drinkers had been devouring Australian wine, but Beijing's anti-corruption drive, along with a broader austerity program, has smashed demand for luxury goods, from wine to Ferraris, and pinched local wine exports to the region.

A ComRes poll for today's Independent has shown that 72 % of the public would like to see a change in the government's flagship austerity program.

You need a good two months of a personal austerity program to reign in this little beast.

A few years ago, the EU put Greece under a severe austerity program, but it did nothing but anger the Greek citizenry, who then recently elected a left - wing government that promised them a more splendiferous future.

For weaker economies in the euro zone that are seeing subdued domestic demand as a result of austerity programs, there were also encouraging signs in the trade figures for August.

While many talk of a lost decade, it is worth remembering that similar austerity programs imposed on most of the developing world in the form of Structural Adjustment Programs amounted to a loss of 2 decades.

Austerity programs in Ireland, England, France, Portugal, Spain, Italy and even Holland (which must be your favorite).

But to the government's credit, it has hit most of its spending targets in the first few years of the austerity program Flaherty.

The austerity program was necessary but not sufficient.

Toward debtor countries American diplomats work through the World Bank and IMF to demand that debtors raise their interest rates and impose taxes and austerity programs to keep their wages low, sell off their public domain to pay their foreign debts, and deregulate their economy so as to enable foreign investors to privatize local electricity, telephone services and other infrastructure formerly provided at subsidized rates to help these economies grow.

No austerity program has ever helped an economy grow.

This monetarist theory has guided Russian economic reform (and its quick bankruptcy) under Yeltsin and his oligarchy, as well as Chile's privatization (and early bankruptcy) under Gen. Pinochet, and the austerity programs (and subsequent bankruptcies and national resource sell offs) imposed by the IMF on third world debtor countries.

The irony is that while Russia is being told that taking this advice will help make it an American - style economy, Republican congressmen in the United States have been denouncing the IMF and its austerity programs.

Contrary to Crowley's assertion, without these reinforcing factors to support economic growth, the 1995 austerity program would definitely «have produced a massive slowdown in the economy».

However, that nation continues to work on an austerity program in exchange for more aid.

From New York City's bankruptcy to Puerto Rico's insolvency and Third World debtors subjected to IMF «austerity programs,» national bankruptcies shift control to centralized financial planners in what Naomi Klein has called Crisis Capitalism.

This austerity program was met with disastrous results and many in the nation protested the new measures.

In Syriza's case, for example, it campaigned on a promise to end the former administration's austerity programs.

Two months ago, 400 (mostly young) people from 34 European countries, met for a week in Krems, Austria, to talk about what was happening to Europe, their futures, and their food systems, in the context of the increasing application of austerity programs being dictated by financial markets.

He only started talking about the austerity program recently so do nt think he had been informed about this clearly before joining

But it has engaged in some austerity programs.

Some of these austerity programs are the strictest in living memory.

They're making off - the - record jokes about Angela Merkel and the EU's austerity program.

economical context - the austerity program to liquidate public debt had made virtually everybody very unhappy.

While Chinese President Xi Jinping's austerity program and anti-corruption drive have hurt sales of everything from Rolex watches to first growth Bordeaux wines in Hong Kong, the top end of the art market is thriving.

I am not suggesting an austerity program.

«But as things get worse for Ontario's workers we've seen new levels of cooperation between injured workers, advocates, legal experts, labour unions, doctors and more, all coming together to fight against Ontario's austerity programs