In: Finance
Explain in your own word why the stigma effect may be heightened during an economic slowdown. 300 words
One reason for the apparent low funding priority given to and neglect of mental illness is the high level of stigma associated with mental health problems. Countering this stigma and discrimination remains one of the most critical challenges for improving mental health in the world because this stigma may influence the willingness of public policy-makers to invest in mental health.
Now, during the slowdown, the economic activity is reduced which reduces the resources for the public-policy makers to invest in the mental health for the nation.
The effects of the present economic crisis on mental health present an opportunity to strengthen policies that would not only mitigate the impact of the recession on deaths and injuries arising from suicidal acts and alcohol use disorders but also reduce the health and economic burden presented by impaired mental health and alcohol use disorders in any economic cycle. There are powerful public health arguments for social protection, active labour market programmes, family support, debt relief and effective alcohol policy, and the present economic downturn strengthens these arguments. Governments could consider reorienting budgets to protect populations now and in the future by budgeting for measures that keep people employed, helping those who lose their jobs and their families to overcome the negative effects of unemployment and enabling unemployed people to regain work quickly. Governments could consider strengthening their alcohol policies, in particular by raising the price of alcohol or introducing a minimum price. Such a policy would have a particular effect on reducing the harm of risky and heavy episodic patterns of drinking. Mental health service provision needs to be strengthened by continued efforts to develop universal mental health care, supported by sound financial incentives for good quality community care.