
© Oxford University Press
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.