Austerity is Blighting Developing Countries

A new UNICEF book “A Recovery for All: Rethinking Socioeconomic Policies for Children and Poor Households” is a timely reminder the global economic crisis has had a devastating impact well beyond Europe. 'High food and commodity prices, unemployment and austerity measures have aggravated persistent inequalities and contributed to a substantial rise in hunger and social tensions. Now, more than ever, investments for the world’s poor are needed to recover lost ground in pursuit of development objectives:
http://www.southcentre.org/index.php?option=com_content&view=article&id=1848%3Aausterity-policies-also-hitting-developing-countries-12-october-2012&catid=150%3Asouthviews&Itemid=358&lang=en
The full report is available at:
http://www.unicef.org/socialpolicy/index_62107.html