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The economic costs of childhood socio-economic disadvantage

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  • OECD

Abstract

Childhood socio-economic disadvantage has significant lifelong consequences that limit opportunities and lead to economic and social costs for both individuals and societies. Disadvantaged children often fall behind in skills development, experience poorer physical and mental health, and face limited job options and earning potential as adults. Tackling childhood disadvantage requires reinforcing actions to prevent its occurrence and mitigate its lifelong consequences, with a focus on policies that minimize the impact of socio-economic disadvantage. Learn more in our Policy Insights where we explore the economic costs of childhood socio-economic disadvantage in European OECD countries.

Suggested Citation

  • Oecd, 2022. "The economic costs of childhood socio-economic disadvantage," OECD Policy Insights on Well-being, Inclusion and Equal Opportunity 6, OECD Publishing.
    • Handle: RePEc:oec:wiseab:6-en
    DOI: 10.1787/1202a4c7-en
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    More about this item

    Keywords

    child well-being; children; education; families; health; inequality;
    All these keywords.

    JEL classification:

    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty
    • J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth

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