Global economic crisis and recovery

UNICEF Image: .
© UNICEF/NYHQ-2010-1541/Asselin

In many parts of the developing world, children and poor households are being hard hit by the cumulative effects of the continued high food prices, economic slowdown and fiscal adjustments. As households cope by compromising essential expenditures, children's rights to education, health, and protection have come under increasing threat.

Many governments are facing increased social demands, but decreasing fiscal resources to address them. Despite signs of recovery in some parts of the world, economic recovery will not be soon or strong enough to protect many children and the poor. UNICEF is working within countries to provide ongoing technical assistance to partner with governments in education, health, social protection and socio-economic policies. Crucial actions include:

- Urgently scaling up quick-impact social protection initiatives such as food security programmes, cash transfers to households, guaranteed work schemes and school feeing.
- Maintaining, and where possible increasing, social expenditures to preserve gains in the realization of children's and women's rights and long-term national development achievements.
- Promoting economic recovery to raise household living standards such as increased investments in agriculture and food security and employment-generating industry and enterprises, with a view toward strengthening households' resilience to shocks.
- Identifying sources of fiscal space to promote economic recovery.
- Presenting a set of alternative policy options for social and economic recovery that can be used in a national dialogue on crisis responses and post-crisis policy adjustments.


 

 

Español Français

Documents and publications

Latest news

Global Social Policy Observatory 
Global Social Policy News

A Recovery for All: Rethinking Socio-Economic Policies for Children and Poor Households
Isabel Ortiz and Matthew Cummins (Editors)
March 2012

When the Global Crisis and Youth Bulge Collide: Double the Jobs Trouble for Youth
Isabel Ortiz and Matthew Cummins
March 2012

Rising Food Prices and Children’s Welfare
Nora Lustig
February 2012

The Road to Pratolino
Global consultation on Social Policy, Equity, Rights and Development
21-24 Feb 2012

Global Inequality: Beyond the Bottom Billion - A Rapid Review of Income Distribution in 141 Countries
NEW - L’Inegalite mondiale - La Répartition des Revenus dans 141 Pays
Isabel Ortiz and Matthew Cummins