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A/74/178: Responsibility for complicity of international financial institutions in human rights violations in the context of retrogressive economic reforms: report

English
Published Date
This report demonstrates that the introduction of austerity measures does not contribute to economic recovery, but instead has negative consequences in terms of economic growth, debt ratios and equality, and routinely results in a series of negative human rights impacts. There is therefore a solid legal basis to make the case for a prima facie inconsistency between the imposition of austerity policies in times of recession and the enjoyment of human rights.