Has Austerity Worked?
After the global economic crash, governments faced a choice - to spend their way out of trouble, or to cut spending and raise taxes. Is the evidence now in about what works?
The global financial crisis reignited an old debate - is it better to cut spending and raise taxes in an economic downturn, or spend your way out of it? After a period of relative consensus up to 2010, some countries inclined more to austerity (cuts and tax rises), some against. In this edition of The Inquiry we examine whether we now have the evidence to settle this important economic argument.
(Photo: Anti-austerity demonstration. Credit: Zak Kaczmarek/Getty Images)
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- Tue 30 Jun 2015 02:05GMT麻豆社 World Service Online
- Tue 30 Jun 2015 12:05GMT麻豆社 World Service Online
- Tue 30 Jun 2015 21:05GMT麻豆社 World Service Online
- Sat 4 Jul 2015 23:05GMT麻豆社 World Service Online
- Sun 5 Jul 2015 04:05GMT麻豆社 World Service Online
- Sun 5 Jul 2015 13:05GMT麻豆社 World Service Online
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The Inquiry
Getting beyond the headlines to explore the forces and ideas shaping the world