The ANNALS of the American Academy of Political & Social Science: The Effects of the Great Recession PDF Download

Author: Sandra K. Danziger
Publisher: SAGE Publications
ISBN: 1483351017
Category : Political Science
Languages : en
Pages : 300

View

Book Description
The articles in this volume of The ANNALS, written largely by South Africans, explore the challenges facing contemporary South Africa. The authors suggest that improving governance through bold policies related to labor, education, security, and health care would uphold Mandela's legacy and move South Africa forward.

Author: David B. Grusky
Publisher: Russell Sage Foundation
ISBN: 1610447506
Category : Business & Economics
Languages : en
Pages : 342

View

Book Description
Officially over in 2009, the Great Recession is now generally acknowledged to be the most devastating global economic crisis since the Great Depression. As a result of the crisis, the United States lost more than 7.5 million jobs, and the unemployment rate doubled—peaking at more than 10 percent. The collapse of the housing market and subsequent equity market fluctuations delivered a one-two punch that destroyed trillions of dollars in personal wealth and made many Americans far less financially secure. Still reeling from these early shocks, the U.S. economy will undoubtedly take years to recover. Less clear, however, are the social effects of such economic hardship on a U.S. population accustomed to long periods of prosperity. How are Americans responding to these hard times? The Great Recession is the first authoritative assessment of how the aftershocks of the recession are affecting individuals and families, jobs, earnings and poverty, political and social attitudes, lifestyle and consumption practices, and charitable giving. Focused on individual-level effects rather than institutional causes, The Great Recession turns to leading experts to examine whether the economic aftermath caused by the recession is transforming how Americans live their lives, what they believe in, and the institutions they rely on. Contributors Michael Hout, Asaf Levanon, and Erin Cumberworth show how job loss during the recession—the worst since the 1980s—hit less-educated workers, men, immigrants, and factory and construction workers the hardest. Millions of lost industrial jobs are likely never to be recovered and where new jobs are appearing, they tend to be either high-skill positions or low-wage employment—offering few opportunities for the middle-class. Edward Wolff, Lindsay Owens, and Esra Burak examine the effects of the recession on housing and wealth for the very poor and the very rich. They find that while the richest Americans experienced the greatest absolute wealth loss, their resources enabled them to weather the crisis better than the young families, African Americans, and the middle class, who experienced the most disproportionate loss—including mortgage delinquencies, home foreclosures, and personal bankruptcies. Lane Kenworthy and Lindsay Owens ask whether this recession is producing enduring shifts in public opinion akin to those that followed the Great Depression. Surprisingly, they find no evidence of recession-induced attitude changes toward corporations, the government, perceptions of social justice, or policies aimed at aiding the poor. Similarly, Philip Morgan, Erin Cumberworth, and Christopher Wimer find no major recession effects on marriage, divorce, or cohabitation rates. They do find a decline in fertility rates, as well as increasing numbers of adult children returning home to the family nest—evidence that suggests deep pessimism about recovery. This protracted slump—marked by steep unemployment, profound destruction of wealth, and sluggish consumer activity—will likely continue for years to come, and more pronounced effects may surface down the road. The contributors note that, to date, this crisis has not yet generated broad shifts in lifestyle and attitudes. But by clarifying how the recession’s early impacts have—and have not—influenced our current economic and social landscape, The Great Recession establishes an important benchmark against which to measure future change.

Author: Irwin Garfinkel
Publisher: Russell Sage Foundation
ISBN: 1610448596
Category : Social Science
Languages : en
Pages : 365

View

Book Description
Many working families continue to struggle in the aftermath of the Great Recession, the deepest and longest economic downturn since the Great Depression. In Children of the Great Recession, a group of leading scholars draw from a unique study of nearly 5,000 economically and ethnically diverse families in twenty cities to analyze the effects of the Great Recession on parents and young children. By exploring the discrepancies in outcomes between these families—particularly between those headed by parents with college degrees and those without—this timely book shows how the most disadvantaged families have continued to suffer as a result of the Great Recession. Several contributors examine the recession’s impact on the economic well-being of families, including changes to income, poverty levels, and economic insecurity. Irwin Garfinkel and Natasha Pilkauskas find that in cities with high unemployment rates during the recession, incomes for families with a college-educated mother fell by only about 5 percent, whereas families without college degrees experienced income losses three to four times greater. Garfinkel and Pilkauskas also show that the number of non-college-educated families enrolled in federal safety net programs—including Medicaid, the Earned Income Tax Credit, and the Supplemental Nutrition Assistance Program (or food stamps)—grew rapidly in response to the Great Recession. Other researchers examine how parents’ physical and emotional health, relationship stability, and parenting behavior changed over the course of the recession. Janet Currie and Valentina Duque find that while mothers and fathers across all education groups experienced more health problems as a result of the downturn, health disparities by education widened. Daniel Schneider, Sara McLanahan and Kristin Harknett find decreases in marriage and cohabitation rates among less-educated families, and Ronald Mincy and Elia de la Cruz-Toledo show that as unemployment rates increased, nonresident fathers’ child support payments decreased. William Schneider, Jeanne Brooks-Gunn, and Jane Waldfogel show that fluctuations in unemployment rates negatively affected parenting quality and child well-being, particularly for families where the mother did not have a four-year college degree. Although the recession affected most Americans, Children of the Great Recession reveals how vulnerable parents and children paid a higher price. The research in this volume suggests that policies that boost college access and reinforce the safety net could help protect disadvantaged families in times of economic crisis.

Author: Maria Alejandra Gonzalez-Perez
Publisher: Emerald Group Publishing
ISBN: 180117864X
Category : Political Science
Languages : en
Pages : 296

View

Book Description
Regenerative and Sustainable Futures for Latin America and the Caribbean explores how to build sustainable futures for Latin America and the Caribbean, presents recommendations for policy and decision-makers to shape sustainable futures, and reflects on the value of collective action for a region that deserves a better tomorrow.

Author: María Aysa-Lastra
Publisher: Springer
ISBN: 3319147978
Category : Social Science
Languages : en
Pages : 277

View

Book Description
This book explores how the current sustained economic slow-down in North America and Europe has increased immigrant vulnerability in the labor market and in their daily lives. It details the ways this global recession has affected the immigrants themselves, their identities, as well as their countries of origin. The book presents an interdisciplinary dialogue as well as offer a transatlantic comparative perspective. It first focuses on the immediate effects of the Great Recession on immigrants’ employment. Next, it connects the experience of immigrants in the labor market with their experiences in the social arena in receiving societies. Coverage also explores the effects of the economic downturn on transnational practices, remittances and return of Latin American migrants to their countries of origin. This volume will be of great interest to faculty and graduate students who are interested in international migration studies from the fields of sociology, economics, anthropology, geography, political sciences, and other social sciences. It will also be of interest to professionals and policy makers working on international migration policy and the general public interested on the topic.

Author: Ingrid Schoon
Publisher: Cambridge University Press
ISBN: 1107172977
Category : Business & Economics
Languages : en
Pages : 513

View

Book Description
This book provides a dynamic and contextualized account of how young people's lives are shaped by economic instability and uncertainty.

Author: Jeffrey M. Chwieroth
Publisher: Cambridge University Press
ISBN: 1107153743
Category : Business & Economics
Languages : en
Pages : 597

View

Book Description
Shows how the politics of banking crises has been transformed by the growing 'great expectations' among middle class voters that governments should protect their wealth.

Author: Larry M. Bartels
Publisher: Princeton University Press
ISBN: 0691181071
Category : Political Science
Languages : en
Pages : 423

View

Book Description
An acclaimed examination of how the American political system favors the wealthy—now fully revised and expanded The first edition of Unequal Democracy was an instant classic, shattering illusions about American democracy and spurring scholarly and popular interest in the political causes and consequences of escalating economic inequality. This revised, updated, and expanded second edition includes two new chapters on the political economy of the Obama era. One presents the Great Recession as a "stress test" of the American political system by analyzing the 2008 election and the impact of Barack Obama's "New New Deal" on the economic fortunes of the rich, middle class, and poor. The other assesses the politics of inequality in the wake of the Occupy Wall Street movement, the 2012 election, and the partisan gridlock of Obama’s second term. Larry Bartels offers a sobering account of the barriers to change posed by partisan ideologies and the political power of the wealthy. He also provides new analyses of tax policy, partisan differences in economic performance, the struggle to raise the minimum wage, and inequalities in congressional representation. President Obama identified inequality as "the defining challenge of our time." Unequal Democracy is the definitive account of how and why our political system has failed to rise to that challenge. Now more than ever, this is a book every American needs to read.

Author: Vesla Weaver
Publisher: SAGE
ISBN: 1483317331
Category : Law
Languages : en
Pages : 308

View

Book Description
The United States' government's role and power in punishing its citizens has swelled considerably since the 1970s. The prison population is now five times what it was 35 years ago, and other government interventions, such as the use of stop-and-frisk, are expanding. Such changes in the criminal justice system have not been met with an examination of the criminal justice system's effects on civic life and political participation. This volume of The ANNALS fills this gap, by exploring the impacts of the heightened police state on the civic and political life of minority and low-income citizens. The authors of this volume analyze how the state's increased criminal sanctions have advanced inequality, and explore issues of legitimacy and citizenship for individuals and communities. By shifting the conversation from how politics affect punishment to how punishment affects politics, this volume provides a nuanced lens for examining the consequences of our current criminal justice framework. http://www.aapss.org Publisher's note.

Author: Romana Careja
Publisher: Springer
ISBN: 3658270438
Category : Political Science
Languages : en
Pages : 624

View

Book Description
The European Social Model is at a crossroad. Although from the 1990s onwards, the threat of an imminent crisis shaped much of the rhetoric surrounding the future of the welfare state, disagreement within the academic community remains. What is however increasingly clear is that with the global financial crisis and the Euro crisis that followed it, the challenges the European Social Model faces have become more acute and demand action. This volume launches a multifaceted inquiry into these challenges. Each contribution, written by renowned scholars in their fields, represents an in-depth exploration of issues that cut to the core of current political, economic and social processes. They are an invitation to the seasoned scholars as well as to the beginning students of social sciences, public administration or journalism to engage with, by now, a large body of scholarship, to accompany the authors in their endeavours to seek an explanation to burning questions and start their own inquiries.