Finance and debt

Poorer countries are cutting public spending in response to a “growing debt crisis”, campaigners have warned.

貧しい国々は「拡大する債務危機」に対応して公共支出を削減していると運動家らは警告しています。

It's time to reclaim the policy space lost to footloose capital by creating a new public realm at the global level, writes Richard Kozul-Wright for openDemocracy's Oureconomy.

Austerity and budget cuts do not need to be “the new normal”. Governments can find additional fiscal space to fund public services and development policies through at least eight options, all of which are endorsed by the United Nations. By Isabel Ortiz and Matthew Cummins for IPS news.

The fund’s loan agreement with Ecuador will worsen unemployment and poverty, providing more reasons for serious reform at the IMF, writes Mark Weisbrot.