austerity

The IMF and Lebanon: The long road ahead

15 October 2020

Lebanon is extremely unequal and has been rocked by massive protests in recent months. The country is facing a financial crisis and is in talks with the International Monetary Fund (IMF) about a potential bailout programme.
IMF paves way for new era of austerity post-COVID-19

12 October 2020

84 percent of the International Monetary Fund’s (IMF) COVID-19 loans encourage, and in some cases require, poor countries hard hit by the economic fallout from the pandemic to adopt more tough austerity measures in the aftermath of the health crisis, warned Oxfam today.
Increasing inequality plunging millions more Europeans into poverty

8 September 2015

Poverty and inequality in Europe have reached shocking levels, according to a new Oxfam report.
A Europe for the Many, Not the Few

8 September 2015

Europe is facing unacceptable levels of poverty and inequality. This briefing paper reviews the current situation and presents recommendations to help put an end to poverty and extreme inequality in Europe.
Oxfam agrees with IMF on 'Redistribution, Inequality, and Growth'

26 February 2014

The IMF has released a discussion note, authorized for distribution by chief economist Olivier Blanchard, on the damaging effect of income inequality on economic growth and supporting redistributiv
A Cautionary Tale

11 September 2013

European austerity programs have dismantled the mechanisms that reduce inequality and enable equitable growth.
Up to 25 million more Europeans at risk of poverty by 2025 if austerity drags on

11 September 2013

If left unchecked, austerity policies could put between 15 and 25 million more Europeans at risk of poverty by 2025, bringing the number of people at risk of poverty in Europe up to 146 million.