Exact(13)
Instead of austerity, the Greek people might insist that the ECB focus on a growth agenda.
Its budget would move into surplus and instead of austerity, the government could apply fiscal stimulus.
Some capitalists then collaborate with that opposition to support "New Deals", instead of austerity.
France must implement labour market reforms and revamp its education system to revive growth, while Germany must accept that more investment instead of austerity can boost growth across the eurozone area, the centrist politician said.
Aja, A; Bustillo, D; Darity, W Hamiltonn, D. "Jobs instead of austerity: A bold policy proposal for economic justice". Social Research 80.3 (Fall, 2013): 781-794.
Instead of austerity, the U.S. needs more fiscal stimulus to grow, Stiglitz said.
Similar(47)
So here's what the European Trades Union Convention (which called today's co-ordinated strike) has proposed instead of austerity-driven cuts and tax rises.
Instead of budgetary austerity, he preaches pump-priming; he is keen on fighting corruption, cool on privatisation.
The next steps ought to be, first, to put fresh emphasis on growth instead of on austerity alone; and then to ensure that the European Central Bank stands fully behind euro-zone governments' sovereign debt.
Designed as a counter-point to George Osborne's promise of £25 billion more cuts, the speech will argue that, instead of additional austerity, the country needs a more responsible capitalism.
And the Greek people, instead of facing austerity measures that have reduced living standards by 30%, might have been able to take a more moderate and sustainable route to reform.
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