Great Recession
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The Great Recession was a period of market decline in economies around the world that occurred from late 2007 to mid-2009, overlapping with the closely related 2008 financial crisis. The scale and tim
A bank run at a branch of the Northern Rock bank in Brighton, England, on September 14, 2007, amid speculation of problems, prior to its 2008 nationalisation
Relationship between fiscal tightening (austerity) in eurozone countries with their GDP growth rate, 2008–2012
Sydney's financial district at night. Throughout the Great Recession, the Australian economy remained resilient and stable.
The anti-austerity movement in Spain, May 2011
Austerity
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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 prim
David Cameron, Prime Minister of the United Kingdom, 2010–2016
Austerity protest in Athens, 2011