Expert in social policy, Professor Brian Nolan explains how children in rich countries were among the main victims of the 2008 financial crisis and the subsequent recession and asks what lessons can be learned.

Nolan is among the editors and contributors to a new UNICEF book Children of Austerity: Impact of the Great Recession on Child Poverty in Rich Countries. It brings together in-depth analysis of the impact of the recession on children by researchers from 11 developed countries. It says poverty for children rose sharply in Hungary, Italy, Ireland, Spain and Greece and modestly in the UK, USA and Germany. There was little change in Belgium and Japan and a fall in Sweden. Nolan looks at the part played by social policy, austerity and changes in employment and at why some countries were more affected than others. What lessons can be learned?

Nolan is Director of the Employment, Equity and Growth Programme at the Institute for New Economic Thinking, Oxford Martin School, and Professor of Social Policy at the Department of Social Policy and Intervention, University of Oxford.

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