Proceedings of the 25th International Academic Conference, OECD Headquarters, Paris

THE PREVALENCE OF SUICIDALITY DURING THE ECONOMIC CRISIS IN PORTUGAL, ITALY, IRELAND, GREECE AND SPAIN.

BOJAN GEORGIEVSKI, JACQUES MOSTERT

Abstract:

Stressful life experience are one of the causative factors in suicide among men between the ages of 35 and 55. The financial crisis in Portugal, Italy, Ireland Greece and Spain has shown a pattern of contraction in GDP followed by rising unemployment numbers. Financial crisis represents a crash of the financial system and a collapse of the prices of assets including bankruptcy of a bank or other financial institutions which enables people and companies to obtain credit in order to pay their obligations. A descriptive multiple-case study design in established a deeper understanding of the impact of the prevalence of suicide during the financial crisis shows a correlation between increased suicides recorded by the world Health Organization and rising unemployment in these countries. Suggestions to negate increased suicides include free and easily accessible financial support and advice lines, national mental health services should train and implement support services to assist families who have been impacted policy makers consider positive psychology and resilience campaigns with a progressive message during financial crises.

Keywords: Suicides, Financial crisis. European Economic Crisis, PIIGS countries, Portugal, Greece, Ireland, Spain, Italy

DOI: 10.20472/IAC.2016.025.025

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