This report explores the social impact of the great recession and warns of the possibility of continuing global social crisis in the face of increasing fiscal consolidation and austerity measures, which threaten the sustainability of a recovery. The effects of the financial and economic crisis on social progress have been sharp, widespread, and deep. Given the fragility of the economic recovery and uneven progress in major economies, social conditions are expected to recover slowly. Increased poverty, hunger and unemployment due to the crisis will continue to affect billions of people in many developed and developing countries for years to come. Austerity measures in continue to affect government debt in some advanced economies are not only threatening public sector employment and social expenditure, but are also making the recovery more uncertain and fragile.
| ISBN: | 9789211303049 |
| Publication date: | 30th October 2011 |
| Author: | United Nations |
| Publisher: | United Nations Publications |
| Format: | Paperback |
| Pagination: | 115 pages |
| Series: | Economic and Social Affairs |
| Genres: |
Social and ethical issues |
This report explores the social impact of the great recession and warns of the possibility of continuing global social crisis in the face of increasing fiscal consolidation and austerity measures, which threaten the sustainability of a recovery. The effects of the financial and economic crisis on social progress have been sharp, widespread, and deep. Given the fragility of the economic recovery and uneven progress in major economies, social conditions are expected to recover slowly. Increased poverty, hunger and unemployment due to the crisis will continue to affect billions of people in many developed and developing countries for years to come. Austerity measures in continue to affect government debt in some advanced economies are not only threatening public sector employment and social expenditure, but are also making the recovery more uncertain and fragile.
The Global Social Crisis features in the following genres: Social and ethical issues
The Global Social Crisis is available in Paperback
The Global Social Crisis was written by United Nations and published by United Nations Publications
The Global Social Crisis has 115 pages
Yes it is part of Economic and Social Affairs series