Analysis of the latest IMF expenditure projections for 187 countries between 2005 and 2020 reveals that there have been two distinct phases of government spending patterns since the onset of the global economic crisis.
  
* This policy brief, published by the International Labour Organization, the Initiative for Policy Dialogue at Columbia University and the South Centre, Geneva: 2015, is based on the working paper "The Decade of Adjustment: A Review of Austerity Trends 2010-2020 in 187 Countries”

November 10, 2015.