Children of Austerity: The Great Recession and Child Poverty in Rich Countries

IIEA19th June 20172min
According to Prof Nolan, the 2008 financial crisis triggered the first contraction of the world economy in the post-war era. Children and young people, already at a greater risk of poverty than the population as a whole, were among the main victims of the crisis and ensuing austerity in advanced economies, and the countries most severely affected recorded some of the largest increases in child poverty. In his address to the IIEA, Prof Nolan discussed the lessons learned from the economic crisis, and gave his perpectives on the options available to shape economic policies that better protect children from future economic crisis.

Podcast: Download the keynote audio podcast from this event here.

Powerpoint: Download the presentation slides used during this event in                          .PDF format here.

 

About the Speech:

According to Prof Nolan, the 2008 financial crisis triggered the first contraction of the world economy in the post-war era. Children and young people, already at a greater risk of poverty than the population as a whole, were among the main victims of the crisis and ensuing austerity in advanced economies, and the countries most severely affected recorded some of the largest increases in child poverty. In his address to the IIEA, Prof Nolan discussed the lessons learned from the economic crisis, and gave his perpectives on the options available to shape economic policies that better protect children from future economic crisis.

 

About the Speaker:

Brian Nolan is Professor of Social Policy at the Department of Social Policy and Intervention, and Director of the Employment, Equity and Growth Programme at the Institute for New Economic Thinking, at the University of Oxford. He was previously Principal of the College of Human Sciences and Professor of Public Policy at University College Dublin. He is an economist by training, with a doctorate from the London School of Economics, and his main areas of research are income inequality, poverty, and the economics of social policy. His recent research has focused on trends in income inequality and living standards and their societal impacts, the distributional effects of the economic crisis, social inclusion in the EU, top incomes, deprivation and multiple disadvantage, and tax/welfare reform. He was co-editor of a recent UNICEF publication entitled Children of Austerity – Impact of the Great Recession on Child Poverty in Rich Countries.