Economic Recessions and Recoveries

2012 ◽  
Author(s):  
Xavier Barrull
Keyword(s):  
Economic Recessions

scholarly journals Economic downturns and population mental health: research findings, gaps, challenges and priorities

2010 ◽  
Vol 41 (7) ◽  
pp. 1343-1348 ◽  
Author(s):  
K. Zivin ◽  
M. Paczkowski ◽  
S. Galea
Keyword(s):  
Mental Health ◽  
Social Protection ◽  
Negative Impact ◽  
Empirical Work ◽  
Mental Health Research ◽  
Economic Downturns ◽  
Economic Recessions ◽  
Population Mental Health ◽  
Research Findings ◽  
Conceptual Explanations

Prior research suggests that the current global economic crisis may be negatively affecting population mental health. In that context, this paper has several goals: (1) to discuss theoretical and conceptual explanations for how and why economic downturns might negatively affect population mental health; (2) present an overview of the literature on the relationship between economic recessions and population mental health; (3) discuss the limitations of existing empirical work; and (4) highlight opportunities for improvements in both research and practice designed to mitigate any negative impact of economic declines on the mental health of populations. Research has consistently demonstrated that economic crises are negatively associated with population mental health. How economic downturns influence mental health should be considered in policies such as social protection programs that aim to promote recovery.

Suicide and unemployment in young people

1999 ◽  
Vol 175 (3) ◽  
pp. 263-270 ◽  
Author(s):  
David Gunnell ◽  
Tom Lopatatzidis ◽  
Daniel Dorling ◽  
Helen Wehner ◽  
Humphrey Southall ◽  
...  
Keyword(s):  
Secular Trends ◽  
Young Males ◽  
Factors Associated ◽  
Economic Climate ◽  
Economic Recessions ◽  
Trend Data ◽  
Recession Rates ◽  
Unemployment Data ◽  
Males And Females ◽  
Old Men

BackgroundThe influence of the macro-economic climate on suicide is unclear. During the recent recession, rates have increased in young males but declined in females.AimsTo investigate associations between unemployment and suicide in 15 – to 44-year-old men and women over a period spanning two major economic recessions (1921–1995). To minimise confounding by changes in method availability, analyses are restricted to suicides using methods other than poisons and gases.MethodTime-series analysis using routine mortality and unemployment data.ResultsThere were significant associations between unemployment and suicide in both males and females. Associations were generally stronger at younger ages.ConclusionsSecular trends in youth suicide may be influenced by unemployment or other factors associated with changes in the macroeconomic climate. These factors appear to affect women to the same extent as men. Although it is not possible to draw firm aetiological conclusions from time-trend data, our findings are in keeping with those of person-based studies.

scholarly journals How the ‘plates’ of a health system can shift, change and adjust during economic recessions. A qualitative interview study of public and private health providers in Brazil’s São Paulo and Maranhão states

2020 ◽  
Author(s):  
Giuliano Russo ◽  
Maria Luiza Levi Paim ◽  
Maria Teresa Seabra Soares de Britto e Alves ◽  
Bruno Luciano Carneiro Alves de Oliveira ◽  
Ruth Helena de Souza Britto Ferreira de Carvalho ◽  
...  
Keyword(s):  
Health System ◽  
Access To Care ◽  
Health Systems ◽  
Low Income ◽  
Sao Paulo ◽  
São Paulo ◽  
Public And Private ◽  
Qualitative Interview Study ◽  
Economic Recessions ◽  
The Impact

Background. Economic recessions carry an impact on population health and access to care; less is known on how health systems adapt to the conditions brought by a downturn. This particularly matters now that the COVID-19 epidemic is putting health systems under stress. Brazil is one of the world’s most affected countries, and its health system was already living the aftermath of the 2015 recession. Methods. Between 2018 and 2019 we conducted 46 semi-structured interviews with health practitioners, managers and policy-makers to explore the impact of the 2015 recession on public and private providers in prosperous (São Paulo) and impoverished (Maranhão) states in Brazil. Thematic analysis was employed to identify drivers and consequences of system adaptation and coping strategies. Nvivo software was used to aid data collection and analysis. We followed the Standards for Reporting Qualitative Research to provide an account of the findings.Results. We found the concept of ‘health sector crisis’ to be politically charged among healthcare providers in São Paulo and Maranhão. Contrary to expectations, the public sector was reported to have found ways to compensate for diminishing federal funding, having outsourced services and adopted flexible – if insecure – working arrangements. Following a drop in employment and health plans, private health insurance companies streamlined their offer, at times at the expenses of coverage. Low-cost walk-in clinics were hit hard by the recession, but also credited for having moved to cater for higher-income customers in Maranhão.Conclusions. The ‘plates’ of a health system may shift and adjust in unexpected ways in response to recessions, and some of these changes might outlast the crisis. As low-income countries enter post-COVID recessions, it will be important to monitor the adjustments taking place in health systems, to ensure that past gains in access to care and job security are not eroded.

Economic Recessions and Congressional Preferences for Redistribution

2021 ◽  
pp. 1-29
Author(s):  
Maria Carreri ◽  
Edoardo Teso
Keyword(s):  
Empirical Evidence ◽  
Early Adulthood ◽  
Economic Recession ◽  
Macroeconomic Shocks ◽  
Present Evidence ◽  
Preferences For Redistribution ◽  
Economic Recessions

Abstract We study if U.S. Members of Congress who experienced an economic recession during early adulthood vote differently on redistribution-specific bills. We find that politicians who experienced a recession hold more conservative positions on redistribution, even compared to members of the same party. In light of recent empirical evidence showing that voters become more supportive of redistribution following a recession, our findings suggest that macroeconomic shocks might have a polarizing effect: recessions can create an ideological wedge between voters and their future representatives. We hypothesize, and present evidence suggesting that, this wedge might be explained by politicians’ more privileged background.

Underemployment and Meaningful Work: The Role of Psychological Needs

2019 ◽  
Vol 28 (1) ◽  
pp. 76-90 ◽  
Author(s):  
Taewon Kim ◽  
Blake A. Allan
Keyword(s):  
Meaningful Work ◽  
Well Being ◽  
The United States ◽  
Psychological Needs ◽  
The Self ◽  
Self Determination ◽  
Unique Role ◽  
Working Adults ◽  
Economic Recessions

Underemployment is a global problem that is increasing in the context of recovering economic recessions and insecure job markets. In this context, vocational psychologists can play a unique role by determining the processes by which underemployment relates to aspects of work well-being, such as meaningful work. Therefore, the goal of this study was to examine the relation between underemployment and meaningful work as well as to investigate potential mediators of this relation. Specifically, with a sample of 351 working adults in the United States, we investigated how underemployment related to the meaningful work via the self-determination needs of autonomy, competence, and relatedness. Partially supporting hypotheses, underemployment was negatively related to autonomy and relatedness but positively related to competence. In turn, autonomy and competence were positively related to meaningful work, whereas relatedness was unrelated to meaningful work. These results offer insights into how underemployment might affect the meaningfulness of work and how employers and practitioners can help underemployed workers.

scholarly journals Corona-Triggered Global Macroeconomic Crisis of the Early 2020s

2020 ◽  
Vol 17 (24) ◽  
pp. 9404
Author(s):  
Kristijan Krstic ◽  
Ronny Westerman ◽  
Vijay Kumar Chattu ◽  
Natalia V. Ekkert ◽  
Mihajlo Jakovljevic
Keyword(s):  
Economic Model ◽  
Economic Recessions

Long-lasting economic recessions spreading from initial cradle markets worldwide should be a periodic event inherent to capitalism as a prevailing socio-economic model [...]

scholarly journals Economic crises and suicides between 1970 and 2011: time trend study in 21 developed countries

2019 ◽  
Vol 73 (4) ◽  
pp. 311-316 ◽  
Author(s):  
Sanna Huikari ◽  
Jouko Miettunen ◽  
Marko Korhonen
Keyword(s):  
Financial Crisis ◽  
Stock Market ◽  
Financial Crises ◽  
Negative Binomial ◽  
Global Financial Crisis ◽  
Developed Countries ◽  
Suicide Mortality ◽  
Suicide Rates ◽  
Market Crashes ◽  
Economic Recessions

BackgroundExisting research on the relationship between economic recessions and suicides has almost completely concentrated on the most recent global financial crisis (2008). We provide the most comprehensive explanation to date of how different types of economic/financial crises since 1970 have affected suicides in developed countries.MethodsNegative binomial regressions were used to estimate what the suicide rates would have been during and 1 year after each crisis began in 21 Organisation for Economic Co-operation and Development countries from 1970 to 2011 if the suicide rates had followed the pre-crisis trends.ResultsWe found that every economic/financial crisis since 1970, except the European Exchange Rate Mechanism crisis in 1992, led to excess suicides in developed countries. Among males, the excess suicide rate (per 100 000 persons) varied from 1.1 (95% CI 0.7 to 1.5) to 9.5 (7.6 to 11.2) and, among females, from 0 to 2.4 (1.9 to 2.9). For both sexes, suicides increased mostly due to stock market crashes and banking crises. In terms of actual numbers, the post-1969 economic/financial crises caused >60 000 excess suicides in the 21 developed countries. The Asian financial crisis in 1997 was the most damaging crisis when assessed based on excess suicides.ConclusionsEvidence indicates that, when considered in terms of effects on suicide mortality, the most recent global financial crisis is not particularly severe compared with previous global economic/financial crises. The distinct types of crises (ie, banking, currency and inflation crises, and stock market crashes) have different effects on suicide.

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