Children of austerity : impact of the Great Recession on child poverty in rich countries /

The 2008 financial crisis triggered the worst global recession since the Great Depression. Many OECD countries responded to the crisis by reducing social spending. Through 11 diverse country case studies (Belgium, Germany, Greece, Hungary, Ireland, Italy, Japan, Spain, Sweden, United Kingdom, and th...

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Other Authors: Cantillon, Bea (Editor, Contributor), Chzhen, Yekaterina (Editor, Contributor), Handa, Sudhanshu, 1965- (Editor, Contributor), Nolan, Brian, 1953- (Editor, Contributor), Abe, Aya (Contributor), Ayllón, Sara (Contributor), Bahle, Thomas (Contributor), Bradshaw, Jonathan (Contributor), Gábos, András, 1968- (Contributor), Jonsson, Jan O., 1957- (Contributor), Krause, Peter, 1956- (Contributor), Main, Gill (Contributor), Maitre, Bertrand (Contributor), Matsaganis, Manos (Contributor), Mood, Carina (Contributor), Natali, Luisa (Contributor), Saraceno, Chiara (Contributor), Smeeding, Timothy M. (Contributor), Tóth, István György (Contributor), Lancker, Wim van (Contributor), Vinck, Julie (Contributor), Wimer, Christopher (Contributor)
Format: Book
Language:English
Published: Oxford, United Kingdom : United Nations Children's Fund : Oxford University Press, 2017.
Edition:First edition.
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Summary:The 2008 financial crisis triggered the worst global recession since the Great Depression. Many OECD countries responded to the crisis by reducing social spending. Through 11 diverse country case studies (Belgium, Germany, Greece, Hungary, Ireland, Italy, Japan, Spain, Sweden, United Kingdom, and the United States), this volume describes the evolution of child poverty and material well-being during the crisis, and links these outcomes with the responses by governments. The analysis underlines that countries with fragmented social protection systems were less able to protect the incomes of households with children at the time when unemployment soared. In contrast, countries with more comprehensive social protection cushioned the impact of the crisis on households with children, especially if they had implemented fiscal stimulus packages at the onset of the crisis. Although the macroeconomic 'shock' itself and the starting positions differed greatly across countries, while the responses by governments covered a very wide range of policy levers and varied with their circumstances, cuts in social spending and tax increases often played a major role in the impact that the crisis had on the living standards of families and children.
Item Description:"Published by The United Nations Children's Fund and Oxford University Press"--Title page.
Physical Description:xx, 342 pages : illustrations ; 24 cm
Bibliography:Includes bibliographical references and index.
ISBN:0198797966
9780198797968