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The Economic Crisis and its Effects on the Quality of Life in the European Union

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Abstract

The economic crisis to hit a number of countries, particularly European Union countries, since late 2007 has triggered many unpleasant effects that are still being felt today. Faced with such a situation, the question arises as to whether the negative economic consequences of the crisis have impacted the quality of life in said countries and to what extent. A further point of interest is to ascertain which countries have been most adversely affected and which have been able to weather the storm without serious difficulties. Comparing the quality of life in countries in 2007 and 2011 allows us to analyse and quantify the impact of the economic crisis on people’s quality of life. As expected, the conclusions to emerge from the study point to significant changes in both the individual as well as relative situation in European countries and evidence that in many, there has been a substantial decline in citizens’ quality of life.

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Notes

  1. For a comparison between the DP2 indicator and other techniques for obtaining synthetic indicators of well-being and other related concepts, see the works of Somarriba (2008), and Somarriba and Pena (2009a).

  2. The value of the normalised synthetic indicator for country j is \((DP2_{j} - \hbox{min} \,DP2)/(\hbox{max} \,DP2 - \hbox{min} \,DP2)\), where DP2j is the value of the synthetic indicator in country j and DP2 the vector formed by the values of the indicator in all the countries.

  3. Zarzosa (1996) names this measure as “The Ivanovic-Pena Relative Individual Information Quantity”.

  4. And, therefore, of the correlation coefficients, which determine these correcting factors.

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Acknowledgments

The authors would like to thank Mariano Rojas, Andrés J. Picazo-Tadeo and Jorge Guardiola for their invitation to submit this paper as well as two anonymous referees for their useful comments.

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Correspondence to Noelia Somarriba Arechavala.

Appendix

Appendix

Component

Indicator

Definition

Source

Period

Household

Overcrowding

Percentage of the population living in overcrowded conditions

**A person is deemed to live in overcrowded conditions if the household does not have a minimum number of rooms equal to: one room per dwelling, one room per couple in the dwelling, one room per person aged 18 or over, one room per each single person aged between 12 and 17, an area for each person between 12 and 17, and not included in the previous category, and one room for each two children below the age of 12.

Eurostat

2007–2011

Household

Percentage of households lacking basic needs

Percentage of the population with no bath/shower and indoor WC for exclusive use in the household

SILC-European survey on income and living conditions

2007–2011

Household

Internet access

Percentage of households with Internet access

Eurostat

 2007–2011

Household

Material deprivation in households

Percentage of the population living in overcrowded conditions, combined with at least one material deprivation in their household. This refers to dwellings with a leaky roof, no bath/shower and indoor WC, or dwellings deemed to be too dark.

SILC-European survey on income and living conditions

2007–2010

Income

Income inequality S80/S20

Quintile income ratios (s80/s20)

SILC-European survey on income and living conditions

2007–2011

Income

Gini index

Gini index

SILC-European survey on income and living conditions

 2007–2011

Income

Per capita GDP

Gross Domestic Product at market prices and current prices in conditions of equal purchasing power per capita

Eurostat

2007–2011

Income

Financial burden linked to accommodation in households

Percentage of the population living in households where expenses related to the dwelling represent over 40 % of disposable income

SILC-European survey on income and living conditions

2007–2011

Environment

Noise

Percentage of the population living in a dwelling where noise from neighbours or the street is deemed a problem.

SILC-European survey on income and living conditions

2007–2011

Environment

Pollution

Percentage of the population who feel the area where they live is affected by pollution or other environmental problems.

SILC-European survey on income and living conditions

2007–2011

Environment

Greenhouse gas emissions

Greenhouse gas emissions per capita *100

(EEA) European environment agency

2007–2009

Safety

Crime and/or vandalism rate

Percentage of the population who feel crime and/or vandalism in the area where they live to be a problem.

SILC-European survey on income and living conditions

2007–2011

Safety

Perceived corruption

Mean perception of corruption by countries according to entrepreneurs and analysts in the country.

http://archive.transparency.org/policy_research/surveys_indices/cpi/2007-2011

2007–2011

Health

Life expectancy at 65 years

Life expectancy at 65 years

European system of health indicators

2007–2011

Health

Needs not met by the health system

Proportion of people who state that their health service needs are not satisfactorily met due to: financial restraints, waiting times, or distance they have to travel.

European system of health indicators

2007–2010

Health

Own perception of health

Percentage of the population who state that their health is good or very good.

European system of health indicators

2007–2010

Education

Secondary education

Percentage of people aged between 20 and 24 who have completed secondary school education.

Eurostat

2007–2011

Education

Expected schooling

The number of years of expected education throughout the whole of the individual’s life by countries

Eurostat

2007–2010

Education

Early school leaving

Percentage of young people who do not further their education after completing compulsory education

Eurostat

2007–2001

Work

Employment rate

Employment ratio of 15–64 year-olds

(ELF) European Labour Force Survey

2007–2011

Work

Job satisfaction

Percentage of the population who are very satisfied or satisfied with their job

(EQLS)-European Quality of Life Survey 07—(EWCS) European Working Conditions Survey

2007–2010

Work

Low labour intensity

Percentage of the population who live in households with very low labour intensity. These are people between the ages of 0–59 living in households where adults worked less than 20 % of the total of their potential workload during the previous year

Eurostat

2007–2011

Work

Youth unemployment

Unemployment rate among under 25 year-olds

(ELF) European Labour Force Survey

2007–2011

Work

Female employment

Female employment rate

(ELF) European Labour Force Survey

2007–2011

Work

Long-term unemployment

Long-term unemployment

(ELF)—European Labour Force Survey

2007–2011

Society

Racial tension

Percentage of individuals who feel there is much tension between ethnic groups in their country

(EQLS)- European Quality of Life Survey 07/Eurobarometer

2007–2009

Society

Tension between rich and poor

Percentage of individuals who feel there is much tension between rich and poor in their country

(EQLS- European Quality of Life Survey 07/Eurobarometer

2007–2009

Happiness

Satisfaction with life

Percentage of the population who are very or fairly satisfied with life

Eurobarometer

2007–2011

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Somarriba Arechavala, N., Zarzosa Espina, P. & Pena Trapero, B. The Economic Crisis and its Effects on the Quality of Life in the European Union. Soc Indic Res 120, 323–343 (2015). https://doi.org/10.1007/s11205-014-0595-9

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