Poverty and shocks
Economic 'shocks’ and adverse events such as rises in food prices, drought, unemployment, illness or death are part of the common experience of chronic poverty. For children, their impact can be devastating. Families may respond by eating less, reducing household assets, and accumulating debt, all of which are likely to have long-term consequences for the amount available to support children and thus for children’s development. Children are also often involved in the reduction of risks for themselves and their families from an early age.
Young Lives research highlights the link between households being affected by some forms of shock and having an increased chance of either remaining or becoming poor. Our evidence shows that the most disadvantaged households are most vulnerable to adversities and have least resources to overcome them. We are also exploring the links between childhood poverty, the strategies people use to earn their living and the assets available to them, and the implications for children’s long-term life chances.
Latest research: Poverty and shocks
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