Autarky vs Austerity - What's the difference?
autarky | austerity |
National economic self-sufficiency.
The state of personal self-sufficiency.
An enclosed ecosystem.
Severity of manners or life; extreme rigor or strictness; harsh discipline.
Freedom from adornment; plainness; severe simplicity.
(economics) A policy of deficit-cutting, which by definition requires lower spending, higher taxes, or both.
* {{quote-news
, year=2012
, date=April 23
, author=Angelique Chrisafis
, title=François Hollande on top but far right scores record result in French election
, work=the Guardian
(obsolete) Sourness and harshness to the taste.
As nouns the difference between autarky and austerity
is that autarky is national economic self-sufficiency while austerity is severity of manners or life; extreme rigor or strictness; harsh discipline.autarky
English
(wikipedia autarky)Noun
(autarkies)Derived terms
* autarkic * autarkical * autarkically * autarkistausterity
English
Noun
citation, page= , passage=He said France clearly wanted to "close one page and open another". He reiterated his opposition to austerity alone as the only way out of Europe's crisis: "My final duty, and I know I'm being watched from beyond our borders, is to put Europe back on the path of growth and employment."}}