Simulating the Impact of the Global Economic Crisis and Policy Responses on Children in West and Central Africa
AbstractThe current global financial and economic crisis, which exacerbates the impacts of the energy and food crises that immediately preceded it, has spread to the developing countries endangering recent gains in terms of economic growth and poverty reduction. The effects of the crisis are likely to vary substantially between countries and between individuals within the same country. Children are among the most vulnerable population, particularly in a period of crisis. Especially in least developed countries, where social safety nets programmes are missing or poorly performing and public fiscal space is extremely limited, households with few economic opportunities are at a higher risk of falling into (monetary) poverty, suffering from hunger, removing children from school and into work, and losing access to health services. This study simulates the impacts of the global economic crisis and alternative policy responses on different dimensions of child welfare in Western and Central Africa (WCA) over the period 2009-2011. It is based on country studies for Burkina Faso, Cameroon, and Ghana, which broadly represent the diversity of economic conditions in WCA countries. In order to capture the complex macro-economic effects of the crisis and the various policy responses - on trade, investment, remittances, aid flows, goods and factor markets - and to then trace their consequences in terms of child welfare - monetary poverty, hunger (caloric poverty), school participation, child labour, and access to health services - a combination of macro- and micro-analysis was adopted. The simulations suggest that the strongest effects are registered in terms of monetary poverty and hunger, although large differences between countries emerge.
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Bibliographic InfoPaper provided by UNICEF Innocenti Research Centre in its series Innocenti Working Papers with number inwopa596.
Date of creation: 2010
Date of revision:
Note: This study is the result of a research promoted by the Regional Office of UNICEF for West and Central Africa, in collaboration with the UNICEF Innocenti Research Centre and the UNICEF Division of Policy and Practice and aimed at the assessment of the potential effects of the global economic crisis on children in Burkina Faso, Cameroon and Ghana and the proposal of concrete policy responses to the policy makers.
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Other versions of this item:
- John Cockburn & Ismaël Fofana & Luca Tiberti, 2010. "Simulating the Impact of the Global Economic Crisis and Policy. Responses on Children in West and Central Africa," Working Papers MPIA 2010-10, PEP-MPIA.
- I32 - Health, Education, and Welfare - - Welfare and Poverty - - - Measurement and Analysis of Poverty
This paper has been announced in the following NEP Reports:
- NEP-AFR-2010-06-26 (Africa)
- NEP-ALL-2010-06-26 (All new papers)
- NEP-CMP-2010-06-26 (Computational Economics)
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