Since the imposition
of austerity policies on Portuguese society, I face a worse social situation in this small country, probably the poorest in Europe, every time I go back there.
This has probably been the case throughout history, but the 2008 economic crisis and the implementation
of austerity policies that followed it has sent this process into overdrive.
Plaid's approach is based around a rejection
of the austerity policies, which the coalition government has followed for the past five years.
The NASUWT's own survey on financial hardship has demonstrated the impact
of austerity policies on children.
The UK chancellor was hot - off - the - mark to assure everyone that the Greek election result should not be interpreted as a rejection
of austerity policies:
In fact, I don't remember her once standing up against
any of the austerity policies which made the lives of those struggling to get by, so much harder.
Popular dissatisfaction with austerity measures could compromise the effectiveness
of austerity policies.
Civil legal aid was one of many unnecessary victims
of austerity policy along with libraries, social services, a freeze on benefits and much else which benefitted the less well off.
Not exact matches
I, therefore, thought that the Netherland's finance minister — a country serving as the key enforcer
of German
austerity - at - all - cost (as long as the costs are not theirs)
policies — showed an incredible chutzpah when he lectured the U.S. Congress last Friday that it would be a real tragedy (sic) if mandated spending cuts were to stifle American economic growth.
As in the other cases, painful
austerity policies have given wings to the CUP — and it finds itself possibly holding the key to the aspirations
of Catalan separatists determined to sever centuries - old ties with Spain.
Italian elections have put a stop to that nonsense by reaffirming the demise
of austerity - only
policies and unrealistic fiscal consolidation schedules.
Portugal's minority center - right government collapsed this week after the three leftist parties that won the majority
of seats in September month's general election refused to support its continuation
of bailout - dictated
austerity policies.
«The GUIDES indicators that focus on some overall macroeconomic indicators,» Chisa recommends, plus «a few other topics that get you a lot
of bang for the buck: British Colonialism, nations versus states, Dutch Disease (resource curse), Sovereign Wealth Fund, import substitution, current account balance, fiscal deficit, IMF
austerity measures, and the «trilemma»
of free - capital flows, independent monetary
policy, and fixed exchange rates.»
There's no question about it,» recalls Chris Ragan, an associate professor
of economic
policy at McGill University who agrees with the current
austerity push.
Just like Bernanke, the chairwoman - to - be has been a harsh critic
of austerity and will want to counteract the impact
of more federal belt - tightening with monetary
policy, if she can.
A long recession and growing disillusion with mainstream parties fed a bitter public mood that saw more than half
of Italian voters back parties that rejected the
austerity policies pursued by Prime Minister Mario Monti with the backing
of Italy's European partners.
Critics
of the German - led
austerity policies have called for boycotts
of German products and have suggested that Ms. Merkel and Mr. Schäuble had unjustifiably humiliated Greece and its prime minister, Alexis Tsipras.
BERLIN — Despite bitter opposition in many quarters to the
austerity - first
policies Germany has imposed on Europe's poorer nations, Chancellor Angela Merkel's government has hung on to its role as champion
of integration on the Continent through deft use
of diplomacy and the country's economic clout.
He talks to Greg about
austerity in Ireland, how US economic
policy has affected Ireland, Europe and the rest
of the world as well as how the various political parties in Ireland have mishandled the economic crisis.
J. Bradford DeLong, an economics professor at University
of California at Berkeley, sees few signs
of a rebound, adding that Washington's
austerity policies only «dig the hole we are in deeper.»
This is a Government that is absolutely committed to a «voo - do «
policy of austerity - driven growth.
Posted by Nick Falvo under
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Five years
of failed
austerity policies in Greece and a total breakdown in trust between the leftwing Syriza alliance and the political leaders
of its creditors climaxed in a national vote in which Greeks said no to the spending cuts and tax increases demanded by its lenders...
«The deadend
austerity policy has created a lot
of divisions, we do not want to create one more between the North and the South,» the Greek leader said, alluding to German opposition to Athens» drive for a new debt agreement.
These headwinds were then amplified by anti-growth
policy choices such as excessive regulation, fiscal
austerity, a lack
of pro-growth private investment incentives combined with growing income inequality.
The
policies put in place so far, such as budgetary
austerity, are little match for the size
of the problem, and may make things worse.
● The IMF and the Politics
of Austerity in the Wake of the Global Financial Crisis By Ben Clift Summary via publisher (Oxford University Press) This book explores the IMF's role within the politics of austerity by providing a path - breaking comprehensive analysis of how the IMF approach to fiscal policy has evolved since 2008, and how the IMF worked to alter advanced economy policy responses to the global financial crisis (GFC) and the Eurozon
Austerity in the Wake
of the Global Financial Crisis By Ben Clift Summary via publisher (Oxford University Press) This book explores the IMF's role within the politics
of austerity by providing a path - breaking comprehensive analysis of how the IMF approach to fiscal policy has evolved since 2008, and how the IMF worked to alter advanced economy policy responses to the global financial crisis (GFC) and the Eurozon
austerity by providing a path - breaking comprehensive analysis
of how the IMF approach to fiscal
policy has evolved since 2008, and how the IMF worked to alter advanced economy
policy responses to the global financial crisis (GFC) and the Eurozone crisis.
When assigning hurricane relief funds to communities across the country, the oversight board's
austerity policies may also privilege wealthier at the expense
of the most vulnerable, argues Natasha Lycia Ora Bannan, also at LatinoJustice PRLDEF, who published an op - ed in the Huffington Post.
Growth in most
of the eurozone has remained tepid and reliant on continued central bank stimulus, though the European Central Bank's (ECB's) bond - purchasing program has been hampered by a scarcity
of eligible bonds, as issuance from member governments is restricted by their
austerity - driven
policies.
Many analysts have long flagged a similar pitfall for the ECB's purchasing program, namely a scarcity
of eligible bonds, as issuance from member governments has been restricted by their
austerity - driven
policies.
The character
of this suffering moves theological attention to the social systems that shape our lives — economic, political, cultural — as well as to public events themselves (the Holocaust, programs and
policies of economic
austerity, military intervention, terrorism, ethnic nationalist expression, struggles for survival and freedom).
But
policy innovation in an age
of austerity tends to be politically perilous, because the....
But
policy innovation in an age
of austerity tends to be politically perilous, because the pie seems to be shrinking and everyone's worried about losing his or her own piece.»
Now here is a man who recognizes that «
policy innovation in an age
of austerity tends to be politically perilous.»
The Trust warned that this was only a partial picture
of food poverty, and concluded that the rise was due in large part to the impact
of government
austerity policies that have either reduced or delayed benefit payments.
The Gunners have long followed a
policy of austerity as they coped with the cost
of moving to the Emirates Stadium, yet the first signs
of them dipping into the elite end
of the transfer market came last summer with the $ 50million (Dh253.4 m) club record capture
of Mesut Ozil.
«The UK government will effectively be asking taxpayers to pay a Westminster premium to crowbar a modern parliament into a Victorian building at a time
of austerity when Tory
policy is hitting some
of the poorest in society, and political uncertainty when this UK government has no plan for the UK outside the European Union.»
«This issue has now gone beyond Stephen Hester, this is about a prime minister who promised to rein in excess and says to the country in a time
of austerity, when his economic
policies have choked off growth, that we are all in it together - how hollow is his rhetoric in light
of what we have just seen today.
The impact on UK growth has so far been negligible, and these ill - timed
austerity policies have created a mood
of pessimism and rising public discontent.
On top
of this, it's important to note that «
austerity» is a means and «growth» an ends; while
austerity may never have been a well - defined
policy position, growth certainly isn't either.
And over that more recent period (again in contrast to earlier episodes) there were no other forms
of austerity imposed alongside fiscal squeeze, in the form
of general wage caps, exchange controls or tight money
policies.
It is largely accepted that these programs lead to systemic macroeconomic instability across the continent and that these
policies drove countries
of the global south into «debt crisis,
austerity, decline and conflict» (Bond) and «acute material scarcity» (Mbembe).
The party's leftist, post-material and socially liberal stance is well - known, and emphasises
policies such as opposition to economic
austerity and to PFIs to fund public services; higher marginal rates
of income tax for the wealthy; a «living wage» for all; and the replacement
of VAT with «eco-taxes» such as aviation fuel tax.
Meanwhile Nicola Sturgeon, in attacking
austerity is saying just the kind
of thing about fiscal
policy that will help keep their recruits from Labour in the SNP fold.
Indeed, the rhetoric
of progressive
austerity is at odds
of a lot
of the economic
policy emerging from the coalition at the moment.
The SNP assert that in Alexander's case, given that his enthusiastic implementation
of George Osborne's
austerity agenda at the Treasury is so damaging to his reputation, Ashcroft's
policy could actually do him a favour.
«The Government's continued
policy of public sector
austerity has driven thousands
of teachers out
of the profession and left schools at the mercy
of the deepest recruitment and retention crisis since the Second World War.
But within those limits, we have a chance
of pushing for an end to
austerity and racist immigration
policy.
But he was not unhappy enough to decline to go along with a deal which removed the possibility
of critics
of austerity having any impact on
policy.
This amounts to reversing the tax give - aways under the Tory
policy of austerity, which was fundamentally a transfer
of incomes from workers and the poor to big business and the rich and is also entirely appropriate.