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Author: Mark Regan
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
The Irish experience of the Great Recession was characterised by a large increase in unemployment, little change in relative poverty measures but a large increase in basic deprivation, which affected children worst. We show that, from 2004 to 2018, parental employment and high household work intensity decreased the risk of a child living in poverty. In the face of widespread COVID-19 employment losses, we simulate how child income poverty rates will evolve over the course of 2020. Without an economic recovery, child income poverty rates could rise as high as 23 per cent, a one-third increase in the rate relative to the start of 2020. A partial economic recovery decreases the surge in child income poverty, which rises to a maximum of 19 per cent, a one-seventh increase in the rate relative to the start of 2020. We conclude that a partial economic recovery in the latter half of the year, coupled with an extension of emergency income supports for the entirety of 2020, would bring child income poverty levels only moderately above the level they would have been at in a counterfactual where COVID-19-related job losses did not occur (an average increase of between one-eleventh to a maximum of oneseventh).
Author: Mark Regan
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
The Irish experience of the Great Recession was characterised by a large increase in unemployment, little change in relative poverty measures but a large increase in basic deprivation, which affected children worst. We show that, from 2004 to 2018, parental employment and high household work intensity decreased the risk of a child living in poverty. In the face of widespread COVID-19 employment losses, we simulate how child income poverty rates will evolve over the course of 2020. Without an economic recovery, child income poverty rates could rise as high as 23 per cent, a one-third increase in the rate relative to the start of 2020. A partial economic recovery decreases the surge in child income poverty, which rises to a maximum of 19 per cent, a one-seventh increase in the rate relative to the start of 2020. We conclude that a partial economic recovery in the latter half of the year, coupled with an extension of emergency income supports for the entirety of 2020, would bring child income poverty levels only moderately above the level they would have been at in a counterfactual where COVID-19-related job losses did not occur (an average increase of between one-eleventh to a maximum of oneseventh).
Author: Bea Cantillon
Publisher: Oxford University Press
ISBN: 0192518887
Category : Business & Economics
Languages : en
Pages : 363
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Book Description
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.
Author: Brian Nolan
Publisher: Combat Poverty Agency
ISBN: 1860761836
Category : Ireland
Languages : en
Pages : 64
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Book Description
Child poverty is not just a transitory phase associated with childhood, but often has a legacy that persists in later life, regardless of children's talents or efforts. Published in association with the Combat Poverty Agency, this study draws on data from the 1994 and 1997 Living in Ireland Surveys, and compares this with earlier results.
Author: Alan Johnson
Publisher:
ISBN:
Category : COVID-19 (Disease)
Languages : en
Pages :
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Book Description
Author: OECD
Publisher: OECD Publishing
ISBN: 926489165X
Category :
Languages : en
Pages : 249
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Book Description
Ireland has shown a strong commitment to addressing child poverty and improving outcomes for children and young people. Responding to the needs of children and young people, particularly those most vulnerable, requires integrated policies and services. This report is part of a joint project between the OECD and the European Commission to strengthen policy and governance arrangements for tackling child poverty and improving outcomes for children and young people based on a whole-of-government approach. The report assesses recent policy, institutional and legislative developments in Ireland and compares outcomes for children and young people with those in other EU and OECD countries. It finds that despite progress, Ireland still has room for improvement on child poverty reduction, and more can be done to address the trust gap between young people in Ireland and their government. The report recommends Ireland to adopt measures to enhance inter-departmental and inter-agency co-operation, strengthen evidence-informed approaches, reinforce policy monitoring tools, and improve accountability mechanisms. It also recommends measures to support the effective implementation of Young Ireland, the National Policy Framework for Children and Young People (2023-28), and to ensure policy coherence.
Author: Fernando M. Reimers
Publisher: Springer Nature
ISBN: 3030815005
Category : Education
Languages : en
Pages : 467
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Book Description
This open access edited volume is a comparative effort to discern the short-term educational impact of the covid-19 pandemic on students, teachers and systems in Brazil, Chile, Finland, Japan, Mexico, Norway, Portugal, Russia, Singapore, Spain, South Africa, the United Kingdom and the United States. One of the first academic comparative studies of the educational impact of the pandemic, the book explains how the interruption of in person instruction and the variable efficacy of alternative forms of education caused learning loss and disengagement with learning, especially for disadvantaged students. Other direct and indirect impacts of the pandemic diminished the ability of families to support children and youth in their education. For students, as well as for teachers and school staff, these included the economic shocks experienced by families, in some cases leading to food insecurity and in many more causing stress and anxiety and impacting mental health. Opportunity to learn was also diminished by the shocks and trauma experienced by those with a close relative infected by the virus, and by the constrains on learning resulting from students having to learn at home, where the demands of schoolwork had to be negotiated with other family necessities, often sharing limited space. Furthermore, the prolonged stress caused by the uncertainty over the resolution of the pandemic and resulting from the knowledge that anyone could be infected and potentially lose their lives, created a traumatic context for many that undermined the necessary focus and dedication to schoolwork. These individual effects were reinforced by community effects, particularly for students and teachers living in communities where the multifaceted negative impacts resulting from the pandemic were pervasive. This is an open access book.
Author: Financial Crisis Inquiry Commission
Publisher: Cosimo, Inc.
ISBN: 1616405414
Category : Political Science
Languages : en
Pages : 692
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Book Description
The Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government report on the United States financial collapse and the review of major financial institutions that bankrupted and failed, or would have without help from the government. The commission and the report were implemented after Congress passed an act in 2009 to review and prevent fraudulent activity. The report details, among other things, the periods before, during, and after the crisis, what led up to it, and analyses of subprime mortgage lending, credit expansion and banking policies, the collapse of companies like Fannie Mae and Freddie Mac, and the federal bailouts of Lehman and AIG. It also discusses the aftermath of the fallout and our current state. This report should be of interest to anyone concerned about the financial situation in the U.S. and around the world.THE FINANCIAL CRISIS INQUIRY COMMISSION is an independent, bi-partisan, government-appointed panel of 10 people that was created to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." It was established as part of the Fraud Enforcement and Recovery Act of 2009. The commission consisted of private citizens with expertise in economics and finance, banking, housing, market regulation, and consumer protection. They examined and reported on "the collapse of major financial institutions that failed or would have failed if not for exceptional assistance from the government."News Dissector DANNY SCHECHTER is a journalist, blogger and filmmaker. He has been reporting on economic crises since the 1980's when he was with ABC News. His film In Debt We Trust warned of the economic meltdown in 2006. He has since written three books on the subject including Plunder: Investigating Our Economic Calamity (Cosimo Books, 2008), and The Crime Of Our Time: Why Wall Street Is Not Too Big to Jail (Disinfo Books, 2011), a companion to his latest film Plunder The Crime Of Our Time. He can be reached online at www.newsdissector.com.
Author: Nancy Bermeo
Publisher: Russell Sage Foundation
ISBN: 1610447921
Category : Political Science
Languages : en
Pages : 431
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Book Description
The financial crisis that erupted on Wall Street in 2008 quickly cascaded throughout much of the advanced industrial world. Facing the specter of another Great Depression, policymakers across the globe responded in sharply different ways to avert an economic collapse. Why did the response to the crisis—and its impact on individual countries—vary so greatly among interdependent economies? How did political factors like public opinion and domestic interest groups shape policymaking in this moment of economic distress? Coping with Crisis offers a rigorous analysis of the choices societies made as a devastating global economic crisis unfolded. With an ambitiously broad range of inquiry, Coping with Crisis examines the interaction between international and domestic politics to shed new light on the inner workings of democratic politics. The volume opens with an engaging overview of the global crisis and the role played by international bodies like the G-20 and the WTO. In his survey of international initiatives in response to the recession, Eric Helleiner emphasizes the limits of multilateral crisis management, finding that domestic pressures were more important in reorienting fiscal policy. He also argues that unilateral decisions by national governments to hold large dollar reserves played the key role in preventing a dollar crisis, which would have considerably worsened the downturn. David R. Cameron discusses the fiscal responses of the European Union and its member states. He suggests that a profound coordination problem involving fiscal and economic policy impeded the E.U.'s ability to respond in a timely and effective manner. The volume also features several case studies and country comparisons. Nolan McCarty assesses the performance of the American political system during the crisis. He argues that the downturn did little to dampen elite polarization in the U.S.; divisions within the Democratic Party—as well as the influence of the financial sector—narrowed the range of policy options available to fight the crisis. Ben W. Ansell examines how fluctuations in housing prices in 30 developed countries affected the policy preferences of both citizens and political parties. His evidence shows that as housing prices increased, homeowners expressed preferences for both lower taxes and a smaller safety net. As more citizens supplement their day-to-day income with assets like stocks and housing, Ansell's research reveals a potentially significant trend in the formation of public opinion. Five years on, the prospects for a prolonged slump in economic activity remain high, and the policy choices going forward are contentious. But the policy changes made between 2007 and 2010 will likely constrain any new initiatives in the future. Coping with Crisis offers unmatched analysis of the decisions made in the developed world during this critical period. It is an essential read for scholars of comparative politics and anyone interested in a comprehensive account of the new international politics of austerity.
Author:
Publisher: Bloomsbury Publishing
ISBN: 135093383X
Category : Business & Economics
Languages : en
Pages : 457
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Book Description
The Economy of Ireland (14th edition) takes a holistic examination of the Irish Economy in light of events including the Celtic Tiger boom, recession, recovery and a global pandemic. The textbook considers the evolution of the Irish economy over time; the policy priorities for a small regional economy in the eurozone; the role of the state in policy making; taxation and regulatory policy; and the challenge of sustainable development. This provides a framework for analysing policy issues at a national level, including the Irish labour market and migration, inequality and poverty, and the care economy. The book then considers issues at a sectoral level, from agriculture and trade to the education and health sectors. Packed with the latest available data, contemporary examples and analysis of topical issues, this is an ideal text for students studying modules on Irish Economics.
Author: World Bank
Publisher: World Bank Publications
ISBN: 1464816034
Category : Business & Economics
Languages : en
Pages : 288
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Book Description
This edition of the biennial Poverty and Shared Prosperity report brings sobering news. The COVID-19 (coronavirus) pandemic and its associated economic crisis, compounded by the effects of armed conflict and climate change, are reversing hard-won gains in poverty reduction and shared prosperity. The fight to end poverty has suffered its worst setback in decades after more than 20 years of progress. The goal of ending extreme poverty by 2030, already at risk before the pandemic, is now beyond reach in the absence of swift, significant, and sustained action, and the objective of advancing shared prosperity—raising the incomes of the poorest 40 percent in each country—will be much more difficult. Poverty and Shared Prosperity 2020: Reversals of Fortune presents new estimates of COVID-19's impacts on global poverty and shared prosperity. Harnessing fresh data from frontline surveys and economic simulations, it shows that pandemic-related job losses and deprivation worldwide are hitting already poor and vulnerable people hard, while also shifting the profile of global poverty to include millions of 'new poor.' Original analysis included in the report shows that the new poor are more urban, better educated, and less likely to work in agriculture than those living in extreme poverty before COVID-19. It also gives new estimates of the impact of conflict and climate change, and how they overlap. These results are important for targeting policies to safeguard lives and livelihoods. It shows how some countries are acting to reverse the crisis, protect those most vulnerable, and promote a resilient recovery. These findings call for urgent action. If the global response fails the world's poorest and most vulnerable people now, the losses they have experienced to date will be minimal compared with what lies ahead. Success over the long term will require much more than stopping COVID-19. As efforts to curb the disease and its economic fallout intensify, the interrupted development agenda in low- and middle-income countries must be put back on track. Recovering from today's reversals of fortune requires tackling the economic crisis unleashed by COVID-19 with a commitment proportional to the crisis itself. In doing so, countries can also plant the seeds for dealing with the long-term development challenges of promoting inclusive growth, capital accumulation, and risk prevention—particularly the risks of conflict and climate change.
