Read all posts from ‘Austerity: Less is More?’

Despite popular opinion that Australia has been immune to the worst of the global financial crisis, it’s the stories you don’t hear about, that tell us the woes Australia’s economy is traversing. Both federal and state governments have implemented a variety of austerity policies in an effort to “bring the budget […]

This summer the Brits couldn’t stop discussing two children. In July both the United Kingdom and the world held their breath waiting for the birth of the son of Prince William and Kate Middleton. And in August the country was shocked at the revelation of Daniel Pelka’s death, a four […]

Two months after a public debt crisis was declared and with various anti-crisis scenarios in circulation, the budget of Serbia was rebalanced in early June. If the balancing act had been a play, “Much Ado about Nothing” would have been a very fitting title for a great deal of windy […]

We all know that to get more, we need to spend more, and this is usually the way government expenditure works. But in Fiji it doesn’t really matter how much or how little the government spends, because whatever the amount might be, it doesn’t have a huge impact those communities […]

In the beginning, the EU’s main reactions to the economic and financial crises were aimed at salvaging European prosperity from the effects of the American financial crisis [1]. However as time passed and the crises deepened, the EU’s response to the economic problems of its Member States was to slid […]