South Africa’s Finance Minister Malusi Gigaba arrives to deliver his budget address.
South Africa's 2018 national budget makes it clear that the slumber and corruption that has hampered state owned enterprises must come to an end.
Puerto Ricans are increasingly fed up with austerity.
AP Photo/Danica Coto
A year after Congress passed its plan to fix Puerto Rico's US$123 billion debt and pension crisis, little has changed for the lives of Puerto Ricans.
Macron at a rally in Chatellerault, France, April 28, 2017.
Centrist candidate Emmanuel Macron's plan to reform the eurozone if elected is easier made than implemented.
For Brazilian citizens, it sometimes feels like the whole country is on fire right now.
Things keep getting worse for South America's most populous nation and biggest economy. What is going on, Brazil?
South Africa’s Finance Minister Pravin Gordhan is fighting to stave off a downgrade by ratings agencies.
South Africa has made some progress in fixing problems identified by ratings agencies. But there are a number of outstanding issues that might mean the country is given 'junk' status.
Students have been steadfast in their demands of universities and the South African government. But what might the unintended consequences be?
Social change has its own dynamic. This makes it an unpredictable, uncontrollable and unknowable force – one with often unintended consequences.
Save our foxes: another day, another protest.
There were more protests in Britain last year than at any time since the 1970s.
Too much of a squeeze?
The SNP's Nicola Sturgeon says austerity has held the economy back. Is she right?
Britannia rule the waves – subject to spending priorities.
The Conservatives can't quite figure out how to both cut defence spending and procure new kit the UK can actually use.
Why don’t they trust me?
Both major parties have tried to address their key weaknesses head on – but it's too late to change voters’ perceptions.
Greek PM Antonis Samaras gets the Merkel treatment.
A joke that is often told among European leftists these days portrays the current situation between Germany and Greece quite accurately. An officer at the passport control at Athens airport asks a tourist…
Syriza leader, Alexis Tsipras, is tipped to become the next prime minister.
Greece is set for a January 25 election after the national parliament failed to elect a new president and already there is an air of crisis in a country that after five years of instability and austerity…
After the sudden dissolution of his government, French president François Hollande is edging ever a bit closer to the political abyss. His prime minister, Manuel Valls, has just formed a new cabinet, which…
The “crowding out” theory underpinning arguments to slash government spending should be viewed with scepticism.
Image sourced from www.shutterstock.com
In the lead-up to the federal government’s budget in May, we’ve been told to expect deep cuts in government spending. Such a policy is said to contribute to a short run decline in Australia’s economic…