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RisingChildPovertyinEurope
MitigatingtheScarringfromtheCOVID-19Pandemic
Jean-JacquesHallaert,IglikaVassileva,andTingyunChen
WP/23/134
IMFWorkingPapersdescriberesearchin
progressbytheauthor(s)andarepublishedto
elicitcommentsandtoencouragedebate.
TheviewsexpressedinIMFWorkingPapersare
thoseoftheauthor(s)anddonotnecessarily
representtheviewsoftheIMF,itsExecutiveBoard,
orIMFmanagement.
2023
JUN
NAr
rARY
*TheauthorswouldliketothankJean-Fran?oisDauphin,J?rgDecressin,andAlfredKammerfortheirsuggestionsandsupporttothisproject.TheyaregratefulforusefulcommentsfromAnaLariau,AugustusPanton,AxelSchimmelpfennig,CélineThévenot,theCzechNationalBank,theIrishauthorities,participantstoanEURSeminar,andtoMaximilienQueyranneforthemany
discussionsthatledustoinvestigatetheissueofchildpoverty.
?2023InternationalMonetaryFund
[WP/23/XX]
IMFWorkingPaper
EuropeanDepartment
RisingChildPovertyinEurope-MitigatingtheScarringfromtheCOVID-19PandemicPreparedbyJean-JacquesHallaert,IglikaVassileva,andTingyunChen
AuthorizedfordistributionbyJean-Fran?oisDauphin
June2023
IMFWorkingPapersdescriberesearchinprogressbytheauthor(s)andarepublishedtoelicit
commentsandtoencouragedebate.TheviewsexpressedinIMFWorkingPapersarethoseofthe
author(s)anddonotnecessarilyrepresenttheviewsoftheIMF,itsExecutiveBoard,orIMFmanagement.
ABSTRACT:ChildpovertyincreaseddramaticallyduringtheCOVID-19pandemic.In2020alone,thenumberofchildrensufferingfrompovertyintheEUincreasedby19percent,orcloseto1million.Leftunaddressed,
thiswouldnotonlyaffectindividuals’lifeprospectsandwell-beingbutalsohavelong-termeconomic
implications.Thispaperarguesthat,tolimitthispotentialscarringeffectofthepandemic,policiesshouldbe
deployedtoreducerapidlythenumberofchildrenaffectedbypovertyan
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