OECD Journal on Budgeting, Volume 2014 Issue 1

The abuse and misuse of the term “Austerity” Implications for OECD countries

DOI:https://dx.doi.org/10.1787/budget-14-5jxrmdxc6sq1

Austerity has become a widely used term in economic research and popular media as many countries have recently implemented deficit reduction policies. This article begins by exploring definitions of austerity used in research and the ways these ...



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