Belt tightening austerity policies have been the path for most countries shaken by the financial crisis more than ten years ago. The deep spending cuts were often justified based on questionable grounds. Austerity: 12 Myths Exposed debunks commonly held beliefs by the advocates of austerity as the solution to overcome an economic crisis.
Economic policy.
Finance, Public.
Global Financial Crisis, 2008-2009-- Financial aspects.
Global Financial Crisis, 2008-2009-- Political aspects.