Matthew Cummins - South China Morning Post https://www.scmp.com/rss/514399/feed Matthew Cummins is an economist who has worked at the United Nations Development Programme, UNICEF, and the World Bank. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png Matthew Cummins - South China Morning Post https://www.scmp.com The world is confronting multiple, compounding crises, from Covid-19, energy, inflation, debt and climate shocks to unaffordable living costs and political instability. The need for ambitious action cannot be greater. However, the return of failed policies such as austerity, now called “fiscal restraint” or “fiscal consolidation”, and a lack of effective taxation and debt-reduction initiatives threaten to exacerbate the macroeconomic instability and daily hardships that billions of people are... https://www.scmp.com/comment/opinion/article/3202657/pandemic-austerity-plans-benefit-few-expense-many-must-go?utm_source=rss_feed https://www.scmp.com/comment/opinion/article/3202657/pandemic-austerity-plans-benefit-few-expense-many-must-go?utm_source=rss_feed Fri, 09 Dec 2022 04:23:22 +0000 Pandemic austerity plans that benefit the few at the expense of the many must go