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- nounausterity (noun) · austerities (plural noun)
- sternness or severity of manner or attitude:"he was noted for his austerity and his authoritarianism"Opposite:
- extreme plainness and simplicity of style or appearance:"the room was decorated with a restraint bordering on austerity"Similar:lack/absence of adornmentlack/absence of decorationlack/absence of ornament/ornamentationlack/absence of embellishmentausterenessclassic linesclean lineslack/absence of clutterOpposite:
- (austerities)conditions characterized by severity, sternness, or asceticism:"a simple life of prayer and personal austerity"
- difficult economic conditions created by government measures to reduce a budget deficit, especially by reducing public expenditure:"a period of austerity" · "austerity measures"Opposite:
Originlate Middle English: from French austérité, from Latin austeritas, from austerus ‘severe’ (see austere). - See moreSee all on Wikipedia
Austerity - Wikipedia
In economic policy, austerity is a set of political-economic policies that aim to reduce government budget deficits through spending cuts, tax increases, or a combination of both. There are three primary types of austerity measures: higher taxes to fund spending, raising taxes while cutting spending, and … See more
The origin of modern austerity measures is mostly undocumented among academics. During the United States occupation of Haiti that began in 1915, the United States utilized austerity … See more
In the 1930s during the Great Depression, anti-austerity arguments gained more prominence. John Maynard Keynes became a well known anti-austerity economist, arguing that "The boom, not the slump, is the right time for austerity at the Treasury." See more
According to a 2020 study, austerity increases the risk of default in situations of severe fiscal stress, but reduces the risk of default in situations … See more
Strategies that involve short-term stimulus with longer-term austerity are not mutually exclusive. Steps can be taken in the present that will reduce future spending, such as "bending the curve" on pensions by reducing cost of living adjustments or raising the … See more
Austerity measures are typically pursued if there is a threat that a government cannot honour its debt obligations. This may occur when a government has borrowed in currencies that it has no right to issue, for example a South American country that borrows in See more
Many scholars have argued that how the debate surrounding austerity is framed has a heavy impact on the view of austerity in the public eye, and how the public understands … See more
Austerity programs can be controversial. In the Overseas Development Institute (ODI) briefing paper "The IMF and the Third World", the ODI addresses five major complaints against the IMF's austerity conditions. Complaints include such measures … See more
Wikipedia text under CC-BY-SA license AUSTERITY Definition & Meaning - Merriam-Webster
Austerity is the quality or state of being austere, such as stern, simple, or plain. It can also refer to enforced or extreme economy on a national scale, or an austere act, manner, or attitude.
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AUSTERITY | English meaning - Cambridge Dictionary
Austerity is the condition of living without unnecessary things, a difficult economic situation caused by a government reducing spending, or the quality of being austere. Learn more about the …
Understanding Austerity, Types of Austerity Measures, and …
Austerity is a set of economic policies that a government implements to control public sector debt. Learn about the three types of austerity measures, how they …
AUSTERITY definition and meaning | Collins English …
Austerity is a situation in which people's living standards are reduced because of economic difficulties. It can also mean the state or quality of being austere, or an austere habit, practice, or act.
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Austerity | Economics, Government Spending & Social …
Mar 11, 2025 · Austerity is a set of policies to reduce budget deficits by increasing taxes or cutting spending. Learn how austerity is used during economic crises, what are its effects, and why it is controversial.
AUSTERITY Definition & Meaning | Dictionary.com
Austerity is a noun that means austere quality, ascetic practices, or harsh economic policies. Learn the origin, synonyms, and antonyms of austerity, and see how it is used in sentences.
What is Austerity? - Economics Help
Nov 16, 2018 · Austerity involves policies to reduce government spending or higher taxes to reduce budget deficits during weak economic growth. Learn about different degrees and impacts …
austerity noun - Definition, pictures, pronunciation and usage …
Austerity is a noun that means difficult economic conditions created by government policies aimed at cutting public spending. It can also mean the quality of being simple, strict or severe in …
What is Austerity? | Definition, Examples, & Analysis
Aug 5, 2024 · Austerity is the cutting of public expenditures and raising of taxes to reduce deficits and debts. Learn the theory, rationale, and impacts of austerity with case studies from Canada, Argentina, and Greece.
Austerity Explained: How It Works, Types, and Examples
Sep 19, 2024 · Austerity refers to strict economic policies aimed at reducing public debt and budget deficits. The three main types of austerity measures include revenue generation through higher taxes, cutting nonessential …
Austerity - definition of austerity by The Free Dictionary
Austerity is the quality of being austere, severe and rigid, or a reduced availability of luxuries and consumer goods. Find synonyms, translations, and usage examples of austerity from various …
What is Austerity? Definition, Effects, and Controversies
Jan 21, 2025 · Austerity is a set of economic policies aimed at reducing government budget deficits through spending cuts, tax increases, or a combination of both. Typically implemented …
Austerity - Meaning, Measures, Types, Examples, Synonyms
Austerity refers to the economic policies used by the government to reduce budget deficits and solve the debt crisis. These policies are commonly directed to increase tax rates and reduce …
Austerity - definition and meaning - Market Business News
Austerity is an economic policy that focuses on raising taxes and reducing government spending. We refer to these spending or budget cuts as ‘cutbacks.’ Although the term suggests just …
AUSTERITY | definition in the Cambridge English Dictionary
Austerity is the condition of living without luxuries or the quality of being austere. It can also refer to a difficult economic situation caused by a government reducing spending. Learn more with …
Austerity - Overview, Examples of Austerity Policies, and …
Jan 15, 2025 · Austerity refers to a set of political and economic policies to reduce deficits by cutting spending, increasing taxes, or combining the two. There are three types of measures: …
Some austerity measures - 7LittleWordsAnswers.com
6 days ago · Some austerity measures crossword clue answer contains 8 letters and has been last seen on March 15 2025 as part of Wall Street Journal Crossword.
Austerity Definition & Examples - Quickonomics
Jul 31, 2023 · Austerity is a set of economic policies that involve reducing government spending and increasing taxes in order to reduce a government’s budget deficit. These policies are …
AUSTERITY Definition & Usage Examples | Dictionary.com
Austerity is a noun that means austere quality, ascetic practices, or harsh economic policies. Learn the origin, usage, and antonyms of austerity with examples from The Daily Beast and …
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Mar 7, 2025 · A panel of expert tasters assess the Bordeaux 2020 vintage with extensive notes on more than 100 of the region’s leading estates.