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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 September 2021

Children of the Celtic Tiger during the Economic Crisis: Ireland

Children of the Celtic Tiger during the Economic Crisis: Ireland

Chapter:
(p.146) 7 Children of the Celtic Tiger during the Economic Crisis: Ireland
Source:
Children of Austerity
Author(s):
Brian Nolan

Bertrand Maître

Publisher:
Oxford University Press
DOI:10.1093/oso/9780198797968.003.0007

Ireland’s exceptionally deep economic and fiscal crisis had an immediate and profound impact on employment and household incomes. The percentage of children below a 2008 relative income threshold increased in line with prices, rose from 18 per cent to 28 per cent, and by 2012 32 per cent of children were in households reporting severe material deprivation. The impact of the recession was significantly buffered by the social security system providing an income floor for those who lost their jobs, despite cuts in some social transfers, and the redistributive impact of the tax and transfer system increased markedly. Overall the Irish welfare state proved reasonably robust in responding to the crisis, bringing about rapid fiscal adjustment, although public expenditure cuts on key services, high levels of debt, failure to generate adequate affordable housing, and the scarring effects of unemployment mean it will have a lasting impact on families.

Keywords:   child poverty, deprivation, recession, social protection, debt

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