Recession and the Social Economy

Martha Starr ()

Chapter Chapter 10 in Consequences of Economic Downturn, 2011, pp 189-214 from Palgrave Macmillan

Abstract: Abstract Recessions often see an increase in unmet needs for food, shelter, and health care. For many households, a spell of unemployment entails economic hardship, but they can cover basic spending on groceries, utilities, the rent or mortgage, medications, and so forth, using the income of a second earner, accumulated savings, and/or unemployment insurance. But other households, especially those who are economically vulnerable to begin with, tip more easily into difficulties paying for basics of everyday life. In principle, various government programs can help cover basic consumption needs, including food stamps, Medicaid health insurance, unemployment insurance, housing vouchers, and welfare payments. Yet especially in recessions, when people who lose their jobs do not know how long they will be unemployed, it may be awhile before they apply for benefits and begin to receive support, if they are eligible. Moreover, government benefits usually only partially cover spending on basics; thus, for example, many recipients report that their food stamps run out before the end of the month. Additionally, some people with unmet basic needs may not be eligible for government programs (e.g., immigrants with problematic status), while others prefer not to rely on public support.

Keywords: Corporate Social Responsibility; Food Insecurity; Social Economy; Unemployment Insurance; Food Stamp (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Working Paper: Recession and the Social Economy (2010)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:pfschp:978-0-230-11835-5_10

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230118355

DOI: 10.1057/9780230118355_10

Access Statistics for this chapter

More chapters in Perspectives from Social Economics from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().