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Research Shows Suicide Rate Spike Correlates With GDP Drop

University research, led by a Greek doctor showed that austerity is directly related to suicide attempts among Eurozone citizens. According to the research, conducted at the Universities of Portsmouth and Vienna, more and more men, originating from the “poorer” Eurozone countries are attempting to commit suicide.
The research, led by Greek doctor Nikolaos Antonakakis and Professor Alan Collins, is the first attempt to directly link the Eurozone crisis effects to the countries most affected by it, such as Greece, Ireland, Italy, Portugal and Spain.
According to the researchers, the rate of GDP growth percentages are similar to those showing the increase in suicides. For every 1% reduction in GDP growth, there is a 0.9% increase in suicide attempts. This number corresponds to around 6,000 suicide attempts in the Eurozone area, between 2011 and 2012.
Antonakakis and Collins’ paper directly links these increased rates with the austerity measures and fiscal adjustments in recent years. “The austerity policies that many governments adopted made the recession far deeper and longer than necessary and they’ve left long-lasting consequences for wealth and health,” Antonakakis said in a press release.
“Given that economic and social policy decisions have profound effects on health and its fair distribution, health equity should perhaps be considered an important measure of the effectiveness of social and economic policy making, in addition to wealth equity,” he added.

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