Austerity
Economic policies intended to reduce government budget deficits
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📌 Topics
- Economy (1)
- Politics (1)
- Inflation (1)
- Global Economy (1)
- European Politics (1)
- Finance (1)
🏷️ Keywords
Austerity (2) · Argentina (1) · Javier Milei (1) · Consumer Price Index (1) · Hyperinflation (1) · INDEC (1) · Economic Crisis (1) · Greece (1) · Bailout (1) · Eurozone (1) · Financial Crisis (1) · Sovereign Debt (1) · Athens (1)
📖 Key Information
In economic policy, austerity is a set of political-economic policies that aim to reduce government budget deficits through spending cuts, tax increases, or a combination of both. There are three primary types of austerity measures: higher taxes to fund spending, raising taxes while cutting spending, and lower taxes and lower government spending. Austerity measures are often used by governments that find it difficult to borrow or meet their existing obligations to pay back loans.
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🔗 Entity Intersection Graph
People and organizations frequently mentioned alongside Austerity:
- 🌐 Greece (1 shared articles)
- 🌐 Financial crisis (1 shared articles)
- 🏢 Bailout (1 shared articles)
- 🌐 Eurozone (1 shared articles)
- 🌐 Argentina (1 shared articles)
- 🌐 Hyperinflation (1 shared articles)
- 🌐 Consumer price index (1 shared articles)
- 👤 Javier Milei (1 shared articles)