Global Austerity Alert: Looming Budget Cuts in 2021-25 and Alternatives

Map of countries with projected austerity cuts in 2021-2022, in terms of GDP, based on IMF fiscal projections. Credit: I. Ortiz and M. Cummins, 2021
By Isabel Ortiz and Matthew CumminsNEW YORK and NAIROBI, Apr 15 2021 (IPS)
Last week Ministers of Finance met virtually at the Spring Meetings of the International Monetary Fund (IMF) and the World Bank to discuss policies to tackle the pandemic and…