Identifying Economically Vulnerable Groups as the Economic Crisis Emerged
A frequent refrain during recent debates on welfare cuts and tax increases has related to the need to “protect the vulnerable”. However, it is far from clear that a consensus exists on which individuals or groups are to be included under this heading with a consequent lack of clarity for the policy implications of pursuing this goal. In this paper, operating with a conception of social exclusion that incorporates notions of dynamics and multidimensionality, we make use of EUSILC 2008 data for Ireland to clarify the distinction between income poverty and economic vulnerability. We then proceed to consider the relationship between these outcomes and multiple deprivation, financial pressures and perceptions of recent and future economic prospects. Our analysis is then extended to compare patterns of risk for poverty and vulnerability in relation to key socio-economic groups. Finally, we will consider the relationship between poverty and vulnerability and the distribution of welfare dependence. Our analysis suggests that the vulnerable but non-poor group may need to be a key focus of policy attention in the future.
References listed on IDEAS
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- Pasi Moisio, 2004. "A Latent Class Application to the Multidimensional Measurement of Poverty," Quality & Quantity: International Journal of Methodology, Springer, vol. 38(6), pages 703-717, December.
- Christopher T. Whelan & Bertrand Maitre, 2008.
"“New” and “Old” Social Risks: Life Cycle and Social Class Perspectives on Social Exclusion in Ireland,"
The Economic and Social Review,
Economic and Social Studies, vol. 39(2), pages 131-156.
- Christopher T. Whelan & Bertrand Maitre, 2008. "'New' and 'Old' Social Risks: Life Cycle and Social Class Perspectives on Social Exclusion in Ireland," Papers WP226, Economic and Social Research Institute (ESRI).
- Caroline Dewilde, 2004. "The Multidimensional Measurement of Poverty in Belgium and Britain: A Categorical Approach," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 68(3), pages 331-369, September.
- McCarthy, Yvonne & McQuinn, Kieran, 2010. "How are Irish households coping with their mortgage repayments? Information from the SILC Survey," Research Technical Papers 2/RT/10, Central Bank of Ireland.
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