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Economic policies intended to reduce government budget deficits
In economic policy, austerity is a set of political-economic policies that aim to reduce government budget deficits through spending cuts, tax increases
Austerity
Topics referred to by the same term
Look up austerity or austere in Wiktionary, the free dictionary. Austerity is a policy of deficit-cutting, which by definition requires lower spending
Austerity_(disambiguation)
Austerity measures passed by Greek government
article details the fourteen austerity packages passed by the Government of Greece between 2010 and 2017. These austerity measures were a result of the
Greek_austerity_packages
Period of economic crisis (1949–1959)
Austerity in Israel (Hebrew: צנע, Tsena) was the policy of austerity imposed in the State of Israel from 1949 to 1959. It included rationing and other
Austerity_in_Israel
Urban planning paradigm
Austerity urbanism is a relatively recent notion that refers to urban planning projects emerging from crisis situations. Such initiatives are often temporary
Austerity_urbanism
Fiscal policy
The United Kingdom government austerity programme was a fiscal policy that was adopted for a period in the early 21st century following the era of the
United Kingdom government austerity programme
United_Kingdom_government_austerity_programme
Class of steam locomotive
The Hunslet Austerity 0-6-0ST is a class of steam locomotive designed by Hunslet Engine Company for shunting. The class became the standard British shunting
Hunslet_Austerity_0-6-0ST
Multi-sport event in London, England
place during the Cold War. The 1948 Olympics came to be known as the "Austerity Games" due to the difficult economic climate and the rationing imposed
1948_Summer_Olympics
Opposition to austerity measures, especially in Europe
The anti-austerity movement refers to the mobilisation of street protests and grassroots campaigns that has happened across various countries, especially
Anti-austerity_movement
Irish electoral alliance
(PBP) and Solidarity. The pairing was called People Before Profit–Anti-Austerity Alliance or PBP–AAA until the AAA renamed to Solidarity in 2017. PBPS
People Before Profit–Solidarity
People_Before_Profit–Solidarity
Country in northwestern Europe
stagnation. The Cameron–Clegg coalition government of 2010 introduced austerity measures intended to tackle the substantial public deficits. A referendum
United_Kingdom
Economic policy in Communist Romania
In the 1980s, severe austerity measures were imposed in the Socialist Republic of Romania by President Nicolae Ceaușescu in order to pay off the external
1980s austerity policy in Romania
1980s_austerity_policy_in_Romania
Early 2011 series of major demonstrations
The anti-austerity movement in the United Kingdom saw major demonstrations throughout the 2010s in response to Conservative–Liberal Democrat coalition
Anti-austerity movement in the United Kingdom
Anti-austerity_movement_in_the_United_Kingdom
UK advocacy group
The People's Assembly Against Austerity (also known as The People's Assembly) is a political organisation based in the United Kingdom that was originally
People's Assembly Against Austerity
People's_Assembly_Against_Austerity
2013 book about the economic policy
Austerity: The History of a Dangerous Idea is a 2013 book by Mark Blyth that explores the economic policy of austerity. Studying the use of austerity
Austerity: The History of a Dangerous Idea
Austerity:_The_History_of_a_Dangerous_Idea
President of the United States from 2009 to 2017
growth in the United States to the stimulus plan of the U.S. and the austerity measures in the European Union. Within a month of the 2010 midterm elections
Barack_Obama
The Austerity Program is a noise rock and alternative metal band that formed in New York City in 1997, founded by guitarist Justin Foley and bassist Thad
The_Austerity_Program
2010–12 civil unrest over the government debt crisis and resulting policies
The anti-austerity movement in Greece involved a series of demonstrations and general strikes that took place across the country. The events, which began
Anti-austerity movement in Greece
Anti-austerity_movement_in_Greece
Political party in the Republic of Ireland
Solidarity (Irish: Neart le Chéile), formerly known as the Anti-Austerity Alliance (AAA), is a Trotskyist political party in Ireland, launched in 2014
Solidarity_(Ireland)
Preserved British steam locomotive
War Department "Austerity" 2-8-0, WD No. 79257 is a preserved British steam locomotive. It is the only survivor of its type. Originally built by the Vulcan
WD_Austerity_2-8-0_79257
Country in West Africa
Theophilus Danjuma as the third. Together, the triumvirate introduced austerity measures to stem inflation, established a Corrupt Practices Investigation
Nigeria
Society controlled by business corporations
23, 2014. Blyth, M. Austerity: The History of a Dangerous Idea (Oxford: Oxford University Press 2014), p.10 Gamble, A. Austerity as Statecraft, Parliamentary
Corporatocracy
2022 book by Clara E. Mattei
The Capital Order: How Economists Invented Austerity and Paved the Way to Fascism is a 2022 book written by Italian political economist Clara Mattei.
The_Capital_Order
Protests in Spain that started in 2011
The anti-austerity movement in Spain, also referred to as the 15-M Movement (Spanish: Movimiento 15-M), and the Indignados Movement, was a series of protests
Anti-austerity movement in Spain
Anti-austerity_movement_in_Spain
viewed the recession as the result of the austerity measures. The First austerity package was a minor austerity package in order to limit the deficit. This
Greek government-debt crisis countermeasures
Greek_government-debt_crisis_countermeasures
Greek economist and politician (born 1961)
crisis, where he became internationally known for opposing EU-imposed austerity measures. In 2018, Varoufakis founded MeRA25, the Greek wing of DiEM25
Yanis_Varoufakis
economic austerity measures. Hugo Chávez, who in 1982 had promised to depose the bipartisanship governments, used the growing anger at economic austerity measures
Venezuela
Country in Central and Southeast Europe
Council from 2008 to 2009. Adversely impacted by the 2008 financial crisis, austerity measures led to widespread anti-government protests in 2009 and 2011.
Croatia
Heavy freight steam locomotive
The War Department (WD) "Austerity" 2-8-0 is a type of heavy freight steam locomotive that was introduced in 1943 for war service. A total of 935 were
WD_Austerity_2-8-0
locomotives of the Hunslet Austerity 0-6-0ST class that have been preserved on heritage railways. Of the 484 'Austerities' constructed, around 70 have
List of preserved Hunslet Austerity 0-6-0ST locomotives
List_of_preserved_Hunslet_Austerity_0-6-0ST_locomotives
Mountain in British Columbia, Canada
Austerity Mountain is a 3,337-metre (10,948-foot) mountain in British Columbia, Canada. Austerity Mountain is the second-highest point of the Adamant
Austerity_Mountain
Welsh actor (born 1969)
society, opposing the privatisation of the NHS and opposing Conservative's austerity cuts to the UK's health service. His NHS speech went viral, with many
Michael_Sheen
Government of Pakistan from 2018 to 2022
addition to the measures announced in 100 day agenda, Khan announced austerity measures where he vowed to reduce the staff and number of luxury vehicles
Premiership_of_Imran_Khan
Italian economist and academic
Economists Invented Austerity and Paved the Way to Fascism, through the University of Chicago Press. The work investigates the origins of austerity policies following
Clara_Mattei
Attempting to increase economic growth through austerity
certain circumstances, a major reduction in government spending (such as austerity measures) that changes future expectations about taxes and government
Expansionary fiscal contraction
Expansionary_fiscal_contraction
Class of 25 ex-British War Department locomotives
The British Railways (BR) ex-WD Austerity 2-10-0 Class was a class of 25 2-10-0 steam locomotives of the WD Austerity 2-10-0 type purchased in 1948 from
BR_ex-WD_Austerity_2-10-0
British heavy freight steam locomotive class
Department (WD) "Austerity" 2-10-0 is a type of heavy freight steam locomotive that was introduced during the Second World War in 1943. The Austerity 2-10-0 was
WD_Austerity_2-10-0
1760–1840 agrarian to industrial era shift
Part of a series on Capitalism Concepts Austerity Business cycle Capital Capital accumulation Capital markets Company Corporation Competition law Definitions
Industrial_Revolution
Prime Minister of Greece (2015; 2015–2019)
outspoken critic of the austerity policies implemented during the crisis, his tenure in office was marked by an intense austerity policy, mostly in the
Alexis_Tsipras
1989 popular uprising in Romania
of Romania for quite some time, especially during the austerity years of the 1980s. The austerity measures were designed in part by Ceaușescu to repay
Romanian_revolution
Country in Eurasia from 1922 to 1991
Mattei, Clara E. (2022). The Capital Order: How Economists Invented Austerity and Paved the Way to Fascism. University of Chicago Press. pp. 301–302
Soviet_Union
Greek politician, president of the Socialist International (born 1952)
to BBB+, the lowest in the eurozone. Papandreou responded by promoting austerity measures, reducing spending, increasing taxes, freezing additional taxes
George_Papandreou
Steam locomotive
Railways (BR) ex-WD Austerity 2-8-0 was a class of 733 2-8-0 steam locomotives designed for heavy freight. These locomotives of the WD Austerity 2-8-0 type had
BR_ex-WD_Austerity_2-8-0
Political movement
musical acts in Portugal had been involved in protest actions against the austerity measures at the beginning of the crisis. Music addressing Portugal's political
Anti-austerity movement in Portugal
Anti-austerity_movement_in_Portugal
that had been already passed, which was sometimes referred to as the "austerity turn". Living better, changing lives: Reduction of working hours (down
Programme_commun
Prime Minister of the United Kingdom since 2024
positioned himself in opposition to austerity, stating that Corbyn was right to position Labour as "the party of anti-austerity". He indicated he would continue
Keir_Starmer
Island country within the Netherlands
resulted in austerity measures. Curaçao had to impose spending cuts to qualify for additional aid from the Netherlands. As part of the austerity package,
Curaçao
Tamil Hindu festival
celestial beings) Surapadman, Singamukhan and Tarakasuran performed austerities to propitiate the Hindu god Shiva. Shiva granted them various boons which
Vaikasi_Visakam
Firzli, M. Nicolas J. (2011). "Infrastructure Investments in an Age of Austerity: The Pension and Sovereign Funds Perspective". Revue Analyse Financière
Economy_of_China
Artistic style in Europe and colonies, c. 1600–1750
encouraged by the Catholic Church as a means to counter the simplicity and austerity of Protestant architecture, art, and music, though Lutheran Baroque art
Baroque
Multi-year debt crisis in multiple EU countries, 2009–2010
and the Netherlands as well as in the United Kingdom. It also led to austerity, increases in unemployment rates to as high as 27% in Greece and Spain
Euro_area_crisis
Alliance of independent MPs in the United Kingdom
created partly to gain more speaking time in Parliament, and opposes austerity, the two-child benefit cap, the sale of arms to Israel, the abolition
Independent_Alliance_(UK)
2025 protest movement in France
strike and nationwide "shutdown" on 10 September 2025, to oppose the austerity measures proposed by the government of Prime Minister François Bayrou
Bloquons_tout
Financial institution and UN specialized agency
economies. The IMF's loan conditions have been criticized for imposing austerity measures that can hinder economic recovery and harm the most vulnerable
International_Monetary_Fund
Worldwide economic depression (1929–1939)
the economy from future external shocks. After six years of government austerity measures, which succeeded in reestablishing Chile's creditworthiness,
Great_Depression
Prime Minister of the United Kingdom from 2010 to 2016
and the Great Recession, which the government sought to address through austerity measures. Parliament passed the Health and Social Care Act and the Welfare
David_Cameron
Country in Southeast Asia
To satisfy the conditions of the loan, Thailand underwent a series of austerity measures until the loan was repaid in 2003. The crisis brought on the
Thailand
Steam locomotives used under British Railways (1948 - 1968)
Additionally, it had acquired 200 ex-LNER Class O7 2-8-0s of the WD Austerity 2-8-0 type, to which it added another 533 examples. The ex-LNER locomotives
Steam locomotives of British Railways
Steam_locomotives_of_British_Railways
Range of Indian religious traditions
discussed in Hindu texts. The most accepted view is that the greatest austerity comes from travelling on foot, or part of the journey is on foot, and
Hinduism
Supreme Leader of Iran from 1989 to 2026
Ahmad Vahdat observed: "The ayatollah likes to cultivate an image of austerity but receives major commissions from the Iranian oil and arms industries
Ali_Khamenei
English singer, songwriter, author and actor (born 1970)
self-titled debut album. The duo rose to wider attention with the albums Austerity Dogs (2013) and Divide and Exit (2014). Their later releases on Rough
Jason_Williamson
Greek administrative reform (2010)
local governance for overall austerity. Nicos Souliotis pointed out that the Kallikratis plan fosters the transfer of austerity policies to the local administrations
Kallikratis_Programme
1980–1988 armed conflict in West Asia
pipeline, Saddam reversed on his policy towards the home front: a policy of austerity and total war was introduced, with the entire population being mobilised
Iran–Iraq_War
Effort to standardise locomotives in 1951
Barry Scrapyard. The first BR standards were the BR ex-WD Austerity 2-8-0 and BR ex-WD Austerity 2-10-0s. They were given the numbers 90000-732 and 90750-774
BR_standard_classes
Mughal emperor from 1658 to 1707
(New York: George Braziller, 1978), pp. 112–113. "In spite of his later austerity, which turned him against music, dance, and painting, a few of the best
Aurangzeb
Political party in Greece
based on its founder's Zoe Konstantopoulou's hardliner opposition to austerity, neoliberalism, "tax inequality", Greece's creditors, and the Troika,
Course_of_Freedom
1994 novel by Tito Perdue
The New Austerities is a 1994 novel by the American writer Tito Perdue. It is a prequel to his first novel, Lee. The novel was first published in 1994
The_New_Austerities
Political philosophy emphasising social ownership of production
handling of the Greek government-debt crisis and implementation of harsh austerity measures. In Europe, the share of votes for such socialist parties was
Socialism
Form of communism
including the Kronstadt rebellion (7–17 March 1921) against the economic austerity of the War Communism imposed by the Bolsheviks. The principal obstacles
Marxism–Leninism
then the International Monetary Fund would have imposed more severe austerity measures. However, in 1987 Papandreou reversed course and Greek economy
1985 Greek presidential election
1985_Greek_presidential_election
Economic recession in Portugal
the 2011–14 international bailout to Portugal and was marked by intense austerity policies, more intense than the wider 2001-2017 crisis. Economic growth
2010–2014 Portuguese financial crisis
2010–2014_Portuguese_financial_crisis
Irish politician (born 1967)
2014, was re-elected in 2016 general election, as a candidate for Anti-Austerity Alliance–People Before Profit. She lost her seat at the general election
Ruth_Coppinger
City and municipality in Catalonia, Spain
installing windows, toilets, showers, lights and kitchens. In the wake of austerity, the squats have provided a number of social services to the surrounding
Barcelona
British singer (born 1975)
committed during the conflict. Sometime during the 2011 United Kingdom anti-austerity protests and the 2011 London riots, her cousin's jewellery shop in Croydon
M.I.A._(rapper)
Sovereign debt crisis faced by Greece (2009–2018)
it forced the government to carry out a series of sudden reforms and austerity measures, concurrently with loss of income and property. In all, the Greek
Greek_government-debt_crisis
Political party in Cyprus
Turkish parts. The party's leader was Giorgos Lillikas. It opposed the austerity program in Cyprus and was opposed to the privatization of state assets
Citizens'_Alliance_(Cyprus)
Slogan associated with Margaret Thatcher
justify policies of economic liberalism (or fiscal conservatism) and austerity. The slogan is strongly associated with the policies and persona of Margaret
There_is_no_alternative
Prime Minister of Australia from 2013 to 2015
repealed the carbon pricing scheme and the mining tax, and pursued budget austerity measures. His administration launched several initiatives including the
Tony_Abbott
President of Indonesia since 2024
Retrieved 7 November 2025. Laksono, Riandy. "Why Prabowo's misguided 'austerity' is emblematic of his free-wheeling economic policy". Indonesia at Melbourne
Prabowo_Subianto
Bailout plan for Portugal
Passos Coelho announced it was going to cut on state spending and increase austerity measures, including public servant wage cuts and additional tax increases
Economic Adjustment Programme for Portugal
Economic_Adjustment_Programme_for_Portugal
Japanese aesthetic about imperfection
aesthetics and principles include asymmetry, roughness, simplicity, economy, austerity, modesty, intimacy, and the appreciation of natural objects and the forces
Wabi-sabi
Prime Minister of Pakistan from 2018 to 2022
he was criticised for using a helicopter to commute while promoting austerity. In June 2020, Bloomberg said that his popularity was falling, citing
Imran_Khan
Political party in England and Wales
Bennett would take the party further to the left, aiming to make it an anti-austerity party to the left of the Labour Party. The 2013 local government elections
Green Party of England and Wales
Green_Party_of_England_and_Wales
Class of steam locomotives
Class is a class of steam locomotive that was formed when 75 former "Austerity" 0-6-0STs were purchased by the LNER in 1946 from the War Department.
LNER_Class_J94
2017 Italian documentary film by Adriano Cutraro, Federico Greco, and Mirko Melchiorre
effects of austerity imposed by the European Union on its subject countries, especially in Southern Europe. The film suggests that austerity policies are
Piigs
1995 Hungarian austerity measures
named after the then-Minister of Finance Lajos Bokros) was a series of austerity measures announced by the Cabinet of Prime Minister Gyula Horn in Hungary
Bokros_package
Prime Minister of the United Kingdom (1964–1970, 1974–1976)
devaluation, as economists had predicted. The devaluation, with accompanying austerity measures which ensured resources went into exports rather than domestic
Harold_Wilson
Leader of Romania from 1965 to 1989
of significant foreign debts. His efforts to repay the debts through austerity were effective, but extremely unpopular. His cult of personality experienced
Nicolae_Ceaușescu
Political party in Spain
by the political scientist Pablo Iglesias Turrión as part of the anti-austerity movement in Spain, the party is currently led by Secretary-General Ione
Podemos (Spanish political party)
Podemos_(Spanish_political_party)
seats. Syriza, previously a minor party on the left-wing, ran on an anti-austerity platform and outpolled PASOK with 17% of the vote. The Communist Party
May 2012 Greek parliamentary election
May_2012_Greek_parliamentary_election
Engineering analysis that maximizes function-to-cost ratio
was noted that value engineering was used as a euphemism to implement austerity measures: US Naval Commander B.S. Merrill, Jr., noted that as a result
Value_engineering
American economist and chess grandmaster (born 1953)
University. During the Great Recession, Rogoff was an influential proponent of austerity. Rogoff grew up in a Jewish family in Rochester, New York. His father
Kenneth_Rogoff
President of the United States from 1993 to 2001
Part of a series on Neoliberalism Ideas Austerity Balanced budget Denationalization Deregulation Economic integration Economic interdependence Economic
Bill_Clinton
2019 film by Todd Phillips
movie's message: "we got a fairly straightforward condemnation of American austerity: how it leaves the vulnerable to suffer without the resources they need
Joker_(2019_film)
movement in Spain (15-M Movement) Anti-austerity movement in Greece Anti-austerity protests in Ireland Anti-austerity protests in Portugal List of protests
2012_European_general_strike
Tour operator in Dorset, England, 1993–2011
This airline was an offshoot of RE Bath Travel Service had been formed in 1957 and had begun offering holidays by air from south coast airports. Palmair
Palmair
Italian economist and politician (born 1943)
lead a new unity government in Italy in order to implement reforms and austerity measures. On 12 November 2011, following Berlusconi's resignation, Napolitano
Mario_Monti
Political party in the United Kingdom
governance based on the Nolan Principles Mount a national campaign against austerity Avoid wasting public money Build communities with good quality social
Liverpool Community Independents
Liverpool_Community_Independents
1989 civil unrest in Venezuela
city of Guarenas, spreading to Caracas and surrounding towns following austerity measures from President Carlos Andrés Pérez. Weeklong clashes resulted
Caracazo
List of protest movements from 2000–present
social protests Anti-austerity movement in Portugal Anti-austerity movement in Spain Asturian miners' strike of 2012 Anti-austerity movement in the United
List of protests in the 21st century
List_of_protests_in_the_21st_century
AUSTERITY
AUSTERITY
AUSTERITY
AUSTERITY
Boy/Male
Arabic, Muslim
One whose Prayers were Answered
Girl/Female
Spanish Greek Latin
Vigilant.
Female
Czechoslovakian
, spring glory.
Girl/Female
Hindu
Short name of Malavika
Boy/Male
Muslim/Islamic
Moon's Light Lamp
Girl/Female
Christian, Hindu, Indian, Kannada, Malayalam, Marathi, Sikh, Sindhi, Telugu
Innocent
Girl/Female
Welsh Arthurian Legend English
Welsh given name Eluned: From 'cilun' meaning idol.
Girl/Female
Irish
From bran â€raven,†a way of saying “beauty with hair as dark as a raven.â€
Female
English
Variant spelling of English Pamela, PAMELLA means "all honey."
Boy/Male
Sikh
Lamp of redemption, Swim, Ferry across (1)
AUSTERITY
AUSTERITY
AUSTERITY
AUSTERITY
AUSTERITY
n.
Holiness; devoutness; scrupulous austerity; sanctity; especially, outward or artificial saintliness; assumed or pretended holiness; hypocritical devoutness.
n.
A monk belonging to a branch of the Cistercian Order, which was established by Armand de Rance in 1660 at the monastery of La Trappe in Normandy. Extreme austerity characterizes their discipline. They were introduced permanently into the United States in 1848, and have monasteries in Iowa and Kentucky.
n.
Sourness and harshness to the taste.
pl.
of Austerity
n.
Severity; strictness; austerity.
adv.
Sourly; with sullen austerity.
n.
Severity of life; austerity; voluntary submission to pain, abstinence, or mortification.
n.
Gravity or austerity; extreme strictness; rigor; harshness; as, the severity of a reprimand or a reproof; severity of discipline or government; severity of penalties.
v. i.
To imitate the manner of the Laconians, especially in brief, pithy speech, or in frugality and austerity.
n.
Plainness; freedom from adornment; severe simplicity.
n.
Severity of manners or life; extreme rigor or strictness; harsh discipline.