Logo UNICEF Innocenti
Office of Research-Innocenti
menu icon

Children of austerity: Impact of the great recession on child poverty in rich countries

06 Oct 2017
children of austerity cover
The 2008 financial crisis triggered the worst global recession since the Great Depression. This new book, now available in full for free, 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.