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Wind turbines in South Africa. Sustainable economic growth means investing in sustainability

Fiscal Sustainability: Stimulus or Austerity

Cost cutting and economic consolidation makes good fiscal sense particularly during difficult economic times.  Conversely, stimulating your economy with investments that contribute to sustainable growth and create jobs also makes sense. As the wave of recession was breaking around the world, the IMF’s managing director said,  “if there has ever been a time in modern economic history when fiscal policy and…

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