Sri Lanka defaulted on its external debt for the first time in its postcolonial history…
The Age of Austerity: A review of public expenditures and adjustment measures in 181 countries Isabel Ortiz and Matthew Cummins
Contrary to public perception, austerity measures are not limited to Europe; in fact, it is in the developing world that many adjustment measures feature most prominently.
Age_Austerity (Download the full text in PDF format)