Austerity

28/11/2024 20 min Temporada 1 Episodio 3
Austerity

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Episode Synopsis

In this episode, we tackle the controversial economic policy of austerity—a term that has shaped fiscal debates for over a decade. Join us as we explore:• What austerity means and why governments choose to implement it.• The theoretical arguments for and against austerity, including its impact on debt reduction, economic growth, and public services.• Case studies, such as the UK post-2008 financial crisis and Greece during the Eurozone debt crisis, to understand its real-world effects.