Policy advocacy and partnerships for children's rights

Additional resources on the global financial crisis

The additional resources below contain a growing list of key resources on the global financial crisis. The documents were produced by UNICEF and partners from other organisations.

Aggregate Economic Shocks, Child School and Child Health
A World Bank discussion paper by Francisco H. G. Ferreira and Norbert Schady discusses aggregate income shocks, such as those caused by macroeconomic crises or droughts, and if they reduce child human capital.

The Impact of the Global Food, Fuel, and Financial Crises and Policy Responses: A Child-Sensitive Approach
UNICEF and ODI cohosted this conference 9-10 November in London, UK. The conference convened development practitioners, policy experts and academic researchers from around the world to examine the ways in which the food and fuel price volatility, financial market volatility and global economic slowdown are affecting children and youth in both developing and developed countries and recommend policy responses.

A Matter of Magnitude: The Impact of the Economic Crisis on Women and Children in South Asia
This UNICEF report discusses how the eight countries in South Asia have been shaken by the shocks and turbulence in commodity and financial markets over the last two years. Without urgent, inclusive government response, the poor of South Asia -- nearly 20 percent of the world's population -- will sink further into poverty and malnutrition, with long-term negative consequences for growth and development in the region and globally.

Impact of the Financial Crisis on Children
In January 2009, 150 prominent members of government, academia, international organizations and civil society convened for a conference in Singapore. The conference analysed the crisis and its impacts on child health, education, labour and family livelihoods and explored the best options for mounting a robust reponse to the global financial crisis.

Aggregate Shocks, Poor Households and Children: Transmission Channels and Policy Responses
The global financial crisis that erupted in 2008 coupled with the food and fuel price volatility are likely to affect developing countries, and within them the vast majority of the world's poor population in profound ways. This UNICEF working paper maps the different channels through which their effects could be transmitted to the developing world, and it illustrates a basic framework of shock transmittion to the developing world. 

The Impact of the Economic Crisis on Children
UNICEF's East Asia and the Pacific Regional Office hosted a conference on the impact of the economic crisis on children in Singapore in January 2009. At this conference, UNICEF convened the best minds in the region from academia and public service to examine cutting-edge research and the best policy practices regarding the impact of the crises on child health and nutrition, education, labor and social protection.

Children in Times of Economic Crisis: Past Lessons, Future Policies
This ODI background note explores how economic shocks, in particular the current economic downturn, affect the wellbeing of children, and what can be done to mitigate harm.  The paper presents a framework for analysing the impact of shocks on children in different contexts and suggests initial policy implications.

In Times of Crisis: Making Budgets Work for Children, Women and the Millennium Development Goals
On 30 November 2008, UNICEF and UNIFEM cohosted a side event in Doha, Qatar at the Financing for Development conference titled In Times of Crisis: Making Budgets Work for Children, Women and the Millennium Development Goals. Using examples from Ecuador, Morocco, Kenya and China, this event focused on how international collaboration and broader national participation in decision-making and budget implemenation could lead to greater transparency, accountability and equality in the delivery of social services.

Children's Perspectives on Economic Adversity: A Review of the Literature
This Innocenti Reseach Centre Discussion Paper reviews some of the recent qualitative literature on children's perspectives on economic disadvantage. The idea of asking people who experience disadvantage about their own situations is still a relatively new one in the social sciences, and the idea of asking children about their own perceptions of economic and social disadvantage is even more recent.

The Impact of the Increase in Food Prices on Child Poverty and the Policy Response in Mali
Since 2006, Mali has experienced the full effects of the global food crisis, with price increases of up to 67 percent.  This Innocenti Research Centre Working Paper presents simulations of the impacts of this crisis and a number of policy responses with respect to the welfare of children.

Leading by Example - Protecting the Most Vulnerable During the Economic Crisis
This paper, put together by the Global Campaign for the Health Millennium Development Goals, discusses how the global economic crisis has already driven more than 50 million into extreme poverty, particularly women and children.

Weathering the Storm: Economic Policy Responses to the Financial Crisis
This World Bank Working Paper discusses the impact of the world economy entering a major downturn caused by the most dangerous shock in mature financial markets since the 1930s.




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