Sunday, October 2, 2011

UNICEF - Austerity measures threaten children and poor households

UNICEF, Isabel Ortiz et. al, September 2011

"A new UNICEF study warns of the "irreversible impacts" of International Monetary Fund (IMF) austerity measures on children and poor households. The authors argue that excessively restrictive policies undermine IMF pledges to build social safety nets to protect the vulnerable. Instead of increasing investments in life-saving health, education and other social programs, in 2010, more than a quarter of developing nations were struggling to reduce spending to pre-2007 levels IMF-imposed fiscal policies must be carefully reviewed and replaced with alternative policies aimed at strengthening the social safety net for the most vulnerable." - IHSJ

Read more via the Institute for Health and Social Justice (IHSJ) reader.
Read the full article at the UNICEF website.