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Children of AusterityImpact of the Great Recession on Child Poverty in Rich Countries$
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Bea Cantillon, Yekaterina Chzhen, Sudhanshu Handa, and Brian Nolan

Print publication date: 2017

Print ISBN-13: 9780198797968

Published to Oxford Scholarship Online: May 2017

DOI: 10.1093/oso/9780198797968.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 26 July 2021

Impact of the Economic Crisis on Children in Rich Countries

Impact of the Economic Crisis on Children in Rich Countries

(p.8) 2 Impact of the Economic Crisis on Children in Rich Countries
Children of Austerity
Yekaterina Chzhen, Brian Nolan, Bea Cantillon, Sudhanshu Handa
Oxford University Press

This chapter provides an overview of how the Great Recession affected the economies of the industrialized world and fed through to social spending and to key indicators of child poverty and material deprivation. This sets the context for the in-depth case studies of eleven countries presented in the rest of this volume. The chapter describes macro-economic and labour market trends across forty-one rich countries, reviews changes in child poverty and material deprivation rates from 2008 and analyses fluctuations in social spending and the value of cash transfers for families with children. In doing so, the overview demonstrates that the eleven countries studied in depth in this book cover a broad span in terms of the extent and nature of the macroeconomic impact of the crisis, their initial levels of economic output per head and of child poverty and deprivation, and the increases in child poverty observed during the recession.

Keywords:   Children, poverty, material deprivation, economic crisis, unemployment, social spending

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