The Global Social Crisis
Report on the World Social Situation 2011
Department of Economic and Social Affairs - ST/ESA/334
United Nations - New York, 2011
Available online PDF [129p.] at: http://bit.ly/jgdUOk
‘….The global economic downturn has had wide-ranging negative social outcomes for individuals, families, communities and societies, and its impact on social progress in areas such as education and health will only become fully evident over time. During times of financial and economic crisis, households often adopt coping strategies, such as making changes in household expenditure patterns; however, these can negatively influence education, health and nutrition outcomes, which may lead to lifelong deficits for the children affected and thus perpetuate the intergenerational transmission of poverty.
Given the fragility of the economic recovery and the uneven progress in major economies, social conditions are expected to recover only slowly. The increased levels of poverty, hunger and unemployment will continue to affect billions of people for years to come. Meanwhile, austerity measures in response to high government debt in some advanced economies are also making the recovery more uncertain and fragile….”/.../
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