Conclusion
Conclusion
This chapter brings together the findings and attempts to develop an index of child well-being for the UK. In particular, it tries to answer the question, was Ed Balls right? It also presents a summary of comparative evidence that has been drawn on throughout this book. The financial crisis in the UK began with the housing market in the US, where it was found that British banks had invested heavily in sub-prime housing loans. The Labour government's response to the developing recession was radically anti-cyclical. Under this government, there were no substantial cuts in benefits and services — in fact expenditure had been sustained, while revenue had fallen. It is shown that there is a best hope in the newly established Child Wellbeing Research Centre, although it is responsible only for English children and has a time-limited contract.
Keywords: English children, UK, Ed Balls, financial crisis, housing, Labour government, Child Wellbeing Research Centre
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