The GDP cost of the lost earning potential of adults who grew up in poverty

Jo Blanden, Kirstine Hansen, Stephen Machin

This report estimates the costs of child poverty in terms of reduced GDP, focusing on the lost earning potential of adults who have grown up in poverty.

The impact on earnings and employment of growing up in poverty.

This report estimates the costs of child poverty in terms of reduced GDP, focusing on the lost earning potential of adults who have grown up in poverty.

It includes:

  • empirical estimates of the impact of growing up in child poverty on adult earnings and employment;
  • the role of education in the relationship between child poverty and adult earnings and employment;
  • estimates of the overall monetary costs of child poverty; and
  • a final assessment of the GDP benefits of abolishing child poverty in terms of foregone earning, employment and benefit savings.

This is one of three specifically commissioned reports linked to the Roundup 'Estimating the cost of child poverty'.

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