In Search of Austerity: An Analysis of the British Situation

7/31/2019 In Search of Austerity: An Analysis of the British Situation

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6

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8/18


7

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12/18


13/18


=8

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jf hmsnym` xsbkinko irb yj ymeb s`mhb nk 13=3== wmx aqjrogy fjqwmqi yj 13373>

mki 133>=3+ Jkb qbmxjk oqjwyg wmx x`jw nk 13=3 wmx abhmrxb s`mkkbi xsbkinko

gmi abbk xgnfybi yj mk bmq`nbq yndb sbqnji+ Nk miinynjk mivjhmybx jf fnxhm` xyndr`n

ybki yj kbo`bhy ygmy xrhg `bonx`mynjk drxy ab smni fjq my xjdb sjnky mki ygnx wn``

imdsbk oqjwyg+

Jkb qbminko jf Eb~kbx xroobxyx ygmy m fnxhm` xyndr`rx jf mqjrki 1 sbqhbky jf OIS

dnogy ab xrffnhnbky yj jffxby mk mryjkjdjrx fm`` nk mooqbomyb ibdmki mki sqbvbkymk rkkbhbxxmq~ qbhbxxnjk+ Ary nf m hjrkyq~ gmx m sbqdmkbky arioby ibfnhny jf mqjrki

8 sbqhbky jf OIS ny nx kjy h`bmq wg~nk ygbjq~m 2 sbqhbky xyndr`rx wjrì ab

xrffnhnbky+ My xjdb sjnky ygb ibay arqibk drxy dmeb bsmkxnjkmq~ fnxhm` xyndr`rx

xb`f$ibfbmynko mki jsbk ygb ijjq yj mk bsmkxnjkmq~ fnxhm` hjkyqmhynjk+ Ygmy Aqnymnk

bkybqbi ygb qbhbxxnjk wnyg xrhg m `mqob ibay arqibk hrqymn`bi nyx man`ny~ yj bkomob

nk m djqb xraxymkynm` xyndr`rx smhemob+ Kby ibay qjxb fqjd 81+= sbqhbky jf OIS

nk 13381339 yj 86+? sbqhbky nk 133?37 ary ny ygbk lrdsbi majvb 93 sbqhbky nk

1337133> majvb 23 sbqhbky nk 133>=3 mki majvb 63 sbqhbky nk 13=3==+13

Ygb qbm` sqja`bd nx ygmy ygb ibfnknynjk jf ygb fnxhm` xymkhb nx m frkhynjk jf ygb ygbj$

qnbx m sbqxjk ab`nbvbx+ Mx Y~`bq Hjwbk gmx xmni N wjkibq nf xjdb Eb~kbxnmkx gmvb

nk dnki ygb amxb`nkb jf ygb bsmkxnjkmq~ sj`nhnbx wgnhg N ygnke wjrì ab mssqj$sqnmyb nk wgnhg hmxb ijnko `bxx ygmk ygb Eb~kbxnmk jsyndrd nx m`wm~x m fjqd jf

mrxybqny~+1= _gbygbq m =3 sbqhbky arioby ibfnhny nx ibbdbi fnxhm` xyndr`rx jq fnxhm`

mrxybqny~ r`yndmyb`~ ibsbkix jk jkbx ab`nbfx majry ygb sjybkynm` oqjwyg qmyb jf ygb

bhjkjd~ mki yqrxy nk bhjkjdnxyx man`ny~ yj dmeb mhhrqmyb fjqbhmxyx jf fryrqb OIS+

=7+ Lmdbx D+ Arhgmkmk mki Qnhgmqi B+ _mokbqIbdjhqmh~ nk Ibfnhny< Ygb Sj`nynhm` @bomh~ jf @jqi Eb~kbx

'Anko`b~ RE< Bdbqmì Sra`nxgnko Oqjrs =>??.+

=>+ Ygb 1337 sqbarioby qbsjqy mkkjrkhbi =6 an``njk wgnhg hjkxynyrybi mqjrki = sbqhbky jf OIS nk

133>=3+

13+ Ygnx bh`ribx fnkmkhnm` nkybqvbkynjkx+ Xbb Jffnhb fjq Kmynjkm` Xymynxynhx Sra`nh Xbhyjq Fnkmkhbx

Dmqhg 13=1Xymynxynhm` Ar``bynk Msqn` 19 13=1 yma`b SXF=+

1=+ Y~`bq Hjwbk _gmy Nx Mrxybqny~:Dmqonkm Qbvj`rynjk Dm~ =9 13=1 gyys


14/18


=9

6+ HJKH@RXNJK

Ygnx smsbq `bkix xrssjqy yj mk jii h`mnd< ygmy ygb ojvbqkdbky nx bmoobqmynko

mk rksjsr`mq sj`nh~+ Ynd Djqomk qbfbqx yj ygb ibamyb jk sra`nh xsbkinko mx sgj$

kb~ mrxybqny~11

wgn`b Fqmxbq Kb`xjk gmx hm``bi ny ygbxs$mrxybqny~< dnkndm` hryxndsjxbi wnyg dmndrd iqmdmynhx+18 _g~ wjrì ygb ojvbqkdbky jvbqxymyb ygb

bybky jf mrxybqny~:

Ygbqb mqb ywj dmnk sj`nynhm` qbmxjkx fjq ygnx+ Ygb fnqxy nx abhmrxb ygb ojvbqkdbky

gmx nibkynfnbi ygb sqja`bdx nk Oqbbhb mki jygbq Brqjsbmk hjrkyqnbx mx m wmqknko

mki ygb sqnjqny~ jf nyx bhjkjdnh sj`nh~ nx yj mvjni x`nssnko nkyj m xjvbqbnok ibay

hqnxnx+ Ygb ojvbqkdbky gmx myybdsybi yj qbmxxrqb ygb ajki dmqebyx ygmy ygb ibay

arqibk nx rkibq hjkyqj` mki ygmy xbkxna`b ojvbqkdbky fnkmkhbx mqb m sqnjqny~+ Aqnynxg

gjrxbgjìx mqb jvbq`bvbqmobi mki gnog nkybqbxy qmybx wjrì hmrxb xnoknfnhmky smnk+

Ygb ojvbqkdbky gmx xymebi nyx qbsrymynjk jk jw nkybqbxy qmybx mki gmvnko m hqbi$

na`b ibfnhny$qbirhynjk s`mk yj hm`d ygb dmqebyx nx m hbkyqm` s`myfjqd+

Xbhjki ygb ojvbqkdbky gmx nkgbqnybi mk bsbkxnvb sra`nh xbhyjq+ Ny gb`sx wmobkbojynmynjkx yj qbnkfjqhb ygb dbxxmob ygmy sra`nh fnkmkhbx mqb nk inqb xyqmnyx+ Ygb

s`mkkbi hryx mqb rksjsr`mq ary obkrnkb hryx wjrì ab bvbk djqb xj+ Nk Dmqhg 13==

jvbq 123333 sbjs`b sqjybxybi hryx yj sra`nh xsbkinko5 ygnx wmx ygb mqobxy sqjybxy

xnkhb ygb Nqm} wmq+

Ygnx smsbq gmx mqorbi =3>+7 2+7 7+?

Yqmkxsjqy 9+7 2+= 9+> 9+2 3+= 3+8

Hjddrknynbx mki @jhm` Ojvbqkdbky'H@O.

=+7 =+7 1+3 =+9 3+1 3+9

H@O @jhm` Ojvbqkdbky 16+6 18+> 18+7 11+1 1+7 9+9

Arxnkbxx Nkkjvmynjk mki Xen``x =6+8 =2+> =9+> =8+> =+9 1+9

Gjdb Jffnhb 7+? 7+6 7+3 ?+? 3+? =+3

Lrxynhb 7+2 ?+? ?+8 ?+3 =+1 =+2

@mw Jffnhbqx Ibsmqydbky 3+6 3+6 3+6 3+2 3+3 3+=

Ibfbkxb 17+6 1?+6 19+? 19+2 8+> 9+=

Fjqbnok mki Hjddjkwbm`yg Jffnhb 1+= =+7 =+9 =+1 3+? 3+>

Nkybqkmynjkm` Ibvb`jsdbky 6+1 6+7 >+= 7+> 1+> 1+?

Bkbqo~ mki H`ndmyb Hgmkob =+= =+9 =+9 =+3 3+8 3+=

Bkvnqjkdbky Fjji mki Qrqm` Mffmnqx 1+3 1+3 =+> =+7 3+= 3+1

Hr`yrqb Dbinm mki Xsjqy =+2 1+3 =+1 =+= 3+8 3+9

_jqe mki Sbkxnjkx ?+9 ?+7 ?+? ?+7 3+8 3+9

Xhjy`mki 19+> 12+1 12+9 12+2 3+2 3+6

_m`bx =8+1 =8+9 =8+2 =8+2 3+8 3+8

Kjqygbqk Nqb`mki >+2 >+2 >+2 >+6 3+3 3+=

Hgmkhb``jqx Ibsmqydbkyx 8+6 8+? 8+6 8+9 3+3 3+1

Hmankby Jffnhb 1+= 1+= 1+3 1+1 3+= 3+=

Xdm`` mki Nkibsbkibky Ajinbx =+? =+2 =+9 =+8 3+8 3+9

Qbxbqvb 3+3 =+> 1+8 1+9 1+8 1+9

Xsbhnm` Qbxbqvb 3+3 3+6 1+2 =+7 1+2 =+7

Oqbbk Nkvbxydbky Amke 3+3 3+3 =+3 3+3 =+3 3+3

Milrxydbky fjq Arioby Bhgmkob 3+3 $3+6 3+3 3+3 3+3 3+3

JAQ M``jwmkhb fjq Xgjqyfm`` =+3 3+3 3+3 3+3 =+3 =+3

Yjym` Qbxjrqhb IB@ Bh`rinkoIbsqbhnmynjk

811+2 81?+1 883+1 81?+3 ?+? 9+2

Xjrqhb< GD Yqbmxrq~ Arioby 13=1, yma`b 1+9+

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In Search of Austerity: An Analysis of the British Situation