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Articles on Austerity measures

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Angolan President João Lourenço. EFE-EPAAlexei Druzhinin/Sputnik

Angolans feel let down two years into new presidency

The euphoria that accompanied João Lourenço's new presidency has ebbed away amid the stark realities of a profoundly dysfunctional political economy.
The 2008 financial meltdown caused millions of Americans to lose their homes, and the austerity measures that followed only widened income inequality and helped fuel the rise of right-wing populism. (AP Photo/Tony Dejak)

How the 2008 financial crisis helped fuel today’s right-wing populism

Right-wing populists have exploited key weaknesses in liberal democratic society that were exacerbated by the failure of political leaders to respond effectively to the 2008 financial crisis.

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