By Jutta Wolf | IDN-InDepth NewsAnalysis
BERLIN (IDN) – Austerity policies in several countries around the world are denying work to millions of people and leaving vast production opportunities unused, says a new study by the German-based World Future Council (WFC), which places the value of lost production at 2.3 trillion U.S. dollars annually. This corresponds to Britain’s gross domestic product. Losses in the 18-nation Eurozone triggered by public austerity alone are estimated at a minimum of 580 billion Euros each year.