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Ghana’s Western District Now Expensive Due to Oil Discovery
Takoradi is a city on the brink of transformation. The discovery of oil and gas in commercial quantities in the Western Region of Ghana in 2007 has brought about the high cost of living in Sekondi-Takoradi and its surrounding communities. Haven’t lived and worked in Takoradi as an IT […]
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In Fiji, austerity is another word for making ends meet
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 […]
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European Austerity Measures: a PIIGS-Eye View
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 […]
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La austeridad del Presidente
Abstract: In Bolivia, the forced austerity is poverty. Poverty in a very rich country, rich in minerals, oil and its people, but a long history of mishandling of the public finances has led us to a deeply divided society. Our current president however, gave a different tone to things in 2006 […]
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Does quiet on the streets mean austerity has been accepted in Lithuania?
The austerity issue is based on spending less. But if governments spend less, people believe they are being robbed of their jobs and income, and citizens start protesting in the streets. Yet despite severe public spending cuts in Lithuania of a relative magnitude to those in Spain and Greece, Lithuanians […]