High-level economic patterns can affect people’s lives and mental health. Economic conditions include periods where the economy is stable, is experiencing growth, or is in a recession, which refers to the decline in economic growth (1).
Risk and/or Protective Factor
Periods where the economy is stable or experiencing growth have been associated with reduced poverty and more employment opportunities (2), which are protective factors for mental health.
A recession can result in decreased welfare support (3), higher unemployment, and decreased income (4). Economic recessions have been associated with poorer mental health (3).
1. Vaitilingam R. Recession Britain, Findings from economic and social research [Internet]. Swindon; 2009. Available from: https://esrc.ukri.org/files/news-events-and-publications/publications/themed-publications/recession-britain/
2. Department for International Development. Growth: Building Jobs and Prosperity in Developing Countries.
3. Wang Y, Fattore G. The impact of the great economic crisis on mental health care in Italy. Eur J Heal Econ [Internet]. 2020 Nov 1 [cited 2021 Feb 12];21(8):1259–72. Available from: https://doi.org/10.1007/s10198-020-01204-w
4. Irons J. Economic scarring: The long-term impacts of the recession | Economic Policy Institute [Internet]. Washington DC; 2009 Sep [cited 2021 Jan 15]. Available from: https://www.epi.org/publication/bp243/