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Another historical example of contemporary austerity is Fascist Italy during a liberal period of the economy from 1922 to 1925. [11] The fascist government utilized austerity policies to prevent the democratization of Italy following World War I, with Luigi Einaudi, Maffeo Pantaleoni, Umberto Ricci and Alberto de' Stefani leading this movement ...
The extent of this funding has been greatly reduced since the beginning of austerity. For example, between 2007 and 2017, museums suffered a 13% reduction in funding, [115] resulting in the closure of at least 64 museums between 2010 and 2019 [116] and visitor numbers halving from 8,000 to 4,000 between 2010 and 2015. [117]
Austerity urbanism is a relatively recent notion that refers to urban planning projects emerging from crisis situations. [1] Such initiatives are often temporary, informal and citizen-led as well as taking place in unused, if not abandoned, urban spaces. [2]
With public universities under threat, massive protests against austerity shake Argentina. ISABEL DEBRE. April 24, 2024 at 12:00 AM.
At Ceaușescu's initiative, a "Rational Eating Programme" began, being a "scientific plan" for limiting the calorie intake for the Romanians, claiming that the Romanians were eating too much. It tried to reduce the calorie intake by 9-15 percent to 2,800-3,000 calories per day.
The determination of the Greek leaders to implement the new austerity package was however doubted. For example, Antonis Samaras (leader of New Democracy) talked about renegotiating the deal, despite voting for the package. Because of this uncertainty, Eurozone finance ministers demanded that Greek main politicians sign a written assurance for ...
The anti-austerity movement in the United Kingdom saw major demonstrations throughout the 2010s in response to Conservative-Liberal Democrat coalition government's austerity measures which saw significant reductions in local council budgets, increasing of university tuition fees and reduction of public spending on welfare, education, health and policing, among others.
SAPs emphasize maintaining a balanced budget, which forces austerity programs. The casualties of balancing a budget are often social programs. For example, if a government cuts education funding, universality is impaired, and therefore long-term economic growth.