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Foreword; Table of contents; Acronyms and conventional signs; Editorial; Executive summary; Chapter 1. The crisis and its aftermath: A "stress test" for societies and for social policies; Introduction; Box 1.1. About the social and economic indicators in this chapter; 1. Social outcomes in the wake...

Social risks are higher when hardship is concentrated in specific groupsFigure 1.3. Employment perspectives of youth and low-skilled deteriorated sharply during the crisis; Figure 1.4. Public-sector jobs were often more secure despite consolidation efforts; Economic hardship felt most acutely among...

Economic hardship carries serious consequences for families and society as a wholeFigure 1.7. Growing numbers of people feel they cannot afford food; Where the crisis has bitten, life satisfaction is now lower than in 2007; Emerging economies were less affected by the crisis, but still face major so...

Social spending increased most in countries least affected by the crisisFigure 1.9. Social spending keeps rising in real terms, but has stabilised as a share of GDP; Figure 1.10. Social spending increased least in countries most affected by the crisis; Figure 1.11. Spending on working-age cash trans...

But social policies are now at the core of fiscal consolidationFigure 1.14. Rising social spending and social needs, but decreasing fiscal space; Figure 1.15. Fiscal pressures will persist well into the next decade; Figure 1.16. Social transfers are more often part of consolidation plans than other...

Table 1.3. Significant changes to the generosity or accessibility of old-age pensions