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Tag: Austerity

Tag Archives: Austerity

18Apr/23

Debt dangers in Africa: how defaults hurt people, and why forgiveness isn’t the answer

April 18, 2023EconomyAngola, Austerity, Cabo Verde, Caroline Southey, Creative Commons, Debt, Debt of developing countries, Debt relief, Economy, Egypt, Eritrea, Finance, Fiscal policy, Ghana, Ghanaian Cedi, Government debt, International Monetary Fund, Malawi, Money, Namibia, Philippe Burger, Republic of Congo, Rwanda, Senegal, Sierra Leone, South Africa, Sudan, United Kingdom national debt, United States, Zambia, Zambian Kwacha (Rebased Jan 2013), Zimbabweadmin

Philippe Burger, University of the Free State

Public debt repayments in some African countries are at their highest levels since 1998. The Conversation Africa’s founding editor Caroline Southey talks to dean and economics professor Philippe Burger about the danger of debt problems some African countries face.

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27Oct/22

The whole world is facing a debt crisis – but richer countries can afford to stop it

October 27, 2022EconomyArgentina, Asian financial crisis, Austerity, China, Creative Commons, Debt, Debt relief, Economy, Egypt, Financial crises, Financial crisis, Foreign exchange reserves, Ghana, International macroeconomics, International Monetary Fund, Kenya, Pakistan, Patrick E. Shea, Qatar, Russia, Saudi Arabia, SHUTTERSTOCK, Sri Lanka, Stock market crashes, Turkey, Ukraine, United Arab Emirates, United Nations Development Group, United States, Zambiaadmin

Patrick E. Shea, University of Glasgow

Countries across the world are drifting towards a debt crisis. Economic slowdowns and rising inflation have increased demands on spending, making it almost impossible for many governments to pay back the money they owe.

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23Sep/22

Women sacrifice their health to shield families from spiking costs

September 23, 2022EconomyAcademic disciplines, Agnes Wachira, Articles, Austerity, BEIRUT, Bucharest, Caroline Dery, catholic relief services, Companies, Felister Gitonga, Gender inequality, Ghana, Inflation, Karine, Kenya, Lebanon, Lin Taylor, London, Midwifery, NAIROBI, Nita Bhalla, Nita Bhalla Nitabhalla, Piyumi Fonseka, Poverty, Reproductive health, Reuters, Romania, S&P/TSX 60, S&P/TSX 60 Index, Sexual and reproductive health, Siththi Patima, Social inequality, Sri Lanka, Tala Ramadan, Thomson Reuters, Ukraine, United Kingdom, Wangari Kinoti, Women's rightsadmin

Rising inflation is widening gender gaps, say charities
Women report skipping medical care to feed families
Campaigners sound alarm over government austerity measures

By Nita Bhalla

NAIROBI, Sept 22 (Thomson Reuters Foundation) – When the pain started in Agnes Wachira’s chest almost six months ago, the Kenyan mother-of-three dismissed it as a symptom of the daily grind of working long hours hand-washing clothes in the narrow lanes of Nairobi’s Kawangware informal settlement.
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