United NationsDepartment of Economic and Social Affairs Sustainable Development
Publications

Children of the Recession: The impact of the economic crisis on child well-being in rich countries Innocenti Report Card 12

Publication Year: 2014 Publisher: UNICEF

Background

Twenty-five years after the Convention on the Rights of the Child became international law, many of its commitments remain unrealized, and the developed countries most capable of delivering on them are losing ground. The Great Recession, which was triggered by a financial meltdown that started in the United States and spread rapidly across the globe, has inflicted the economic crisis on children. The gap between rich and poor families has widened in an alarming number of industrialized countries. For many of these children, once again place of birth may determine their rights and opportunities in life.
As the data in this new edition of the Innocenti Report Card series show, in the past five years, rising numbers of children and their families have experienced difficulty in satisfying their most basic material and educational needs.