# Austerity
Latest news and articles about Austerity
Total: 3 articles found
Austerity in the C-Suite: Vanke Institutionalizes Executive Accountability Amid Property Downturn
China's Vanke has implemented a restrictive new compensation structure for 2026, mandating that performance-based pay exceed 50% of total earnings and introducing its first-ever clawback mechanism. The policy formalizes a period of deep austerity for the company, which has seen executive payouts collapse by 88% since 2020.
Swords and Sovereignty: Javier Milei Courts the Military Amid Economic Turmoil
President Javier Milei used a Malvinas War commemoration to reaffirm Argentina's sovereignty claims over the Falkland Islands and promise a salary increase for the military. The move represents a strategic attempt to rehabilitate the armed forces' status while balancing nationalist domestic demands with his broader economic and pro-Western goals.
Beijing’s Zero-Based Revolution: Central Departments Open the Books for the 15th Five-Year Plan
China's central departments have begun releasing their 2026 budgets, marking the start of the 15th Five-Year Plan with a focus on zero-based budgeting and austerity. The Ministry of Finance is leading the push for increased transparency and performance-based spending to navigate a period of fiscal pressure.