The impact of the economic crisis on the situation of women and men and on gender equality policies
Europe is experiencing a financial and economic crisis. This began with the ‘credit crunch’ in the financial services sector and evolved as a sovereign debt crisis. Fiscal consolidation and austerity measures have been deployed in response to the crisis to reduce public deficits and debt. This crisis is still unfolding so that the analysis and findings of this report must remain a work in progress. This report aims to assess the impact of this crisis on the situation of women and men in Europe and on gender equality policies. This is important as economic crises are deeply gendered. Past experience cannot provide sufficient insight into the gender impact of this crisis as the position of women has changed considerably since the last major recession. This crisis offers opportunities for radical change, including a potential to advance equality for women and men. However, the crisis also poses challenges where gender equality may be seen as an issue only for the good times. This report is a product of the EGGE and the EGGSI expert networks of the European Commission. It covers twenty seven Member States, the EEA-EFTA countries and three candidate countries: Turkey, Croatia and FYROM. The core reference period for analysis of the labour market impact is the (nearly) four years between the second quarter of 2008 - when the crisis technically started for the EU as a whole1 - and the first quarter of 2012 - the latest quarter for which Eurostat data is available at the time of writing. Analysis of the social impact extends over the period between 2005 and 2010.