Main content
Has austerity failed?
The OECD says growth prospects have 'practically flat-lined', and that countries should focus on 'a greater use of fiscal and pro-growth structural policies'. So is austerity over? Mark Blyth, Professor of Political Economy at Brown University in New York, and Michael Tanner of the Cato Institute in Washington disagree.
Picture shows: Labour unions demonstrate against austerity measures affecting working conditions, salaries and pension plans, in Paris, France, 26 January 2016.
Photographer: Christophe Petit Tesson
Copyright: EPA
Duration:
This clip is from
More clips from Newshour
-
Why scientists have made coats for penguins
Duration: 04:00
-
King Haakon VIII takes the throne in Norway
Duration: 04:08
-
Scientists discover the fastest star in the Milky Way
Duration: 04:03
-
Car salesman finds out he's actually a prince
Duration: 03:13