you're reading...
Economic and Social Policies, PUBLICATIONS

Poverty in the European Union: The crisis and its aftermath

Written by Marie Lecerf,

Poverty in the European Union: The crisis and its aftermath

© erllre / Fotolia

The economic crisis has exacerbated social burdens such as poverty and inequality, which were already major issues before the crisis. Due to the multifaceted nature of poverty, the European Union uses a multidimensional indicator – the ‘at risk of poverty or social exclusion’ rate – based on three different dimensions: monetary poverty, severe material deprivation, or ‘very low work intensity’.

Since 2008, the number of people ‘at risk of poverty or social exclusion’ has increased in most Member States. In 2014, nearly one in four persons (122.3 million people) was at risk of poverty or social exclusion in the European Union. Amongst the groups at greater risk, those most affected were women, children, young people, people living in single parent households, those with less education, and migrants.

New forms of poverty are emerging. Contrary to popular belief, work no longer protects against poverty. The new ‘working poor’ are often in precarious and low-paid jobs. Homelessness is no longer the fate of middle-aged men with long-standing social problems, but also affects families, young people, and migrants. Lastly, children are amongst the hardest hit by the crisis in terms of poverty.

Since 2008, the main drivers affecting the poverty rate in the European Union are cyclical: long-term unemployment, labour market segmentation and wage polarisation. The emergence of new family models, such as single parenthood, and the persistence of inherited poverty have strengthened the phenomenon.

In Europe, the main responsibility for combating poverty and social exclusion remains with Member States. The European Union’s role is limited to coordinating Member State policies through the Open Method of Coordination for social protection (the ‘Social OMC’), providing some funding with the European Social Fund and the Fund for European Aid to the Most Deprived, and the Employment and Social Innovation programme. In 2010, with the adoption of the Europe 2020 Strategy, the European Union set a quantitative target for the reduction of poverty and social exclusion for the first time: lifting more than 20 million people out of poverty by 2020 compared with 2008. Nevertheless, achieving this objective in times of crisis and austerity measures is proving extremely difficult. The European Union has drifted further from its target.

Huge efforts are needed to meet the Europe 2020 target on poverty and social exclusion. A better balance between macroeconomic, fiscal, employment and social objectives at European Union level could be necessary. Investing early in children and youth, as well as policies to develop skills and improve employability will help. Modernising welfare states will be crucial.

For the full In-Depth Analysis on ‘Poverty in the European Union: The crisis and its aftermath‘ in PDF click here.

 

This slideshow requires JavaScript.

Discussion

3 thoughts on “Poverty in the European Union: The crisis and its aftermath

  1. Where are the figures for which country is safest from external threats? Which country is safest from state attacks, which country protects it’s citizens best both at home & abroad? Which country is best able to aid it’s citizens caught up in a tsunami in Indonesia? You cannot have social handouts from the cradle to the grave & be able to sleep at night knowing your air force is working away while you sleep. I sleep soundly at night, do you?

    Like

    Posted by Joe Thorpe | March 22, 2016, 14:44

Trackbacks/Pingbacks

  1. Pingback: Rebuilding the EU – Approaching Justice - June 25, 2016

  2. Pingback: Poverty in the European Union: The crisis and its aftermath | Vatcompany.net - March 22, 2016

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

EU’s refugee crisis
EU Legislation in Progress
Topical Digests
EPRS Podcasts

Enter your email address to follow this blog and receive notifications of new posts by email.

Join 2,296 other followers

RSS Link to Members’ Research Service

Disclaimer and Copyright statement

The content of all documents (and articles) contained in this blog is the sole responsibility of the author and any opinions expressed therein do not necessarily represent the official position of the European Parliament. It is addressed to the Members and staff of the EP for their parliamentary work. Reproduction and translation for non-commercial purposes are authorised, provided the source is acknowledged and the European Parliament is given prior notice and sent a copy. Copyright © European Union, 2014. All rights reserved

%d bloggers like this: