What the current economic recession means for long-term health outcomes

Kristina Thompson

We are in the midst of a global recession as a result of the COVID-19 pandemic and attendant lockdown measures. Both the pandemic and the lockdown have each, on their own, worsened health outcomes. This fact has been relatively well covered by the media. What is missing from this discussion is that the resulting recession, forecast to be the largest in generations, will itself, in all likelihood, worsen health outcomes among the broader population.

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Economic recession, mental health and suicide

DGphoto 2014_0052David Gunnell

It’s over seven years since the onset of the 2008 Global Financial Crisis and we’re beginning to get a clear idea of its impact on mental health and suicide.

In keeping with previous economic recessions, the 2008 financial crisis was followed by rises in suicide deaths in many affected countries. As documented in an article published in the British Medical Journal in 2013, younger men appear to have been particularly badly affected.

Recently published research in the International Journal of Epidemiology has provided new insights into the impact of economic down turns on mental health. Using Ireland’s impressive National Registry of Deliberate Self-Harm and national suicide data, Paul Corcoran and colleagues found that there were increases in suicide and self-harm in men and women in Ireland in the years after recession began. The greatest rises were seen in men. There were an estimated 8,800 excess episodes of self-harm (mainly suicide attempts) and 560 suicide deaths in 2008-12 compared to pre-recession trends.  Continue reading “Economic recession, mental health and suicide”