Page last updated at 14:41 GMT, Saturday, 25 July 2009 15:41 UK

A child's view of the global recession

There's no end of talk about the recession. But is it only adults who talk about stimulus packages, quantitative easing, and falling interest rates?

BBC World Service asked children from all around the world how the global financial crisis was affecting them.

Rayya, UAE

Rayya, 13, United Arab Emirates

Jorja, 10, Britain

David, Ghana

David, 10, Ghana

Jorge, Mexico City

Jorge-Alberto, 11, Mexico City

Abbey, 11, United States

Fiona, South Korea

Fiona, 13, South Korea

RAYYA, 13, UNITED ARAB EMIRATES

FROM THE BBC WORLD SERVICE
Rayya, UAE

I live in Sharjah, its like a small city, very very safe, religious. There's lots of friendly people there as well.


I go to Wesgreen International School... The type of people here in Sharjah are mostly Indians and the jobs are like, engineers, architects, construction workers, teachers.

The recession has affected me in the things I buy. You [could] go to 10 different shops every day, but this time you go to three shops, just to get what you need. like really really need.

I choose not to spend my pocket money, I save it for something I want to buy.

The prices are lower, everything is lower but people aren't buying anything now, because their money is less, their salaries are less, this means they get less money, and especially with the exchange rates.

People don't know what to do now, they are really stuck. They are thinking, if they want to send money to their family will it be less?


JORJA, 10, BRITAIN

FROM THE BBC WORLD SERVICE
Emily and fellow students

My mum's a carer and my dad's a policeman and so because crime levels have gone up a bit my dad gets overtime.


My dad says [people] are always stealing from shops, [either] money or food and other essential items that they might need because they haven't got enough money to buy it themselves. He's noticed in the last couple of months, maybe even longer, the crime levels have definitely gone up quite high.

It's a shame he works so much, because he does work an awful lot more than he used to. So it's really different from what I'm used to.

I don't really watch the news that often, if I do hear something on the radio, I feel it's quite worrying and I'm shocked because you don't know what's going to happen next and anything could happen at this time. Not many people have got any money around now.

A couple of years ago we were alright, so it's quite shocking to think from two years ago to now how bad it's got


DAVID, 10, GHANA

FROM THE BBC WORLD SERVICE
David, Ghana

I know people are getting fired from their jobs, companies and factories are producing less, the food prices have gone up.


The amount of food I eat every day is reduced because of the global economic crisis. The money I bring to school for snacks and lunch has been reduced. I eat les. I used to eat sandwiches and yoghurt, now I can only buy yoghurt at the canteen.

I want to be a banker so that if the economic crisis is still going on and my parents don't have money to pay my school fees, even if I get kicked out from school, [I hope] I'll have enough level of education to be a banker.


JORGE ALBERTO, 11, MEXICO CITY

FROM THE BBC WORLD SERVICE
Jorge, Mexico City

The economic crisis has affected my family. My father is worried about his job, because they have been firing a lot of people. One friend of his was fired and he is very nervous.

One year ago my parents wanted to buy tickets to go to Washington but now they have cancelled their flight.

One or two years ago, we wanted to buy a house but the economic crisis is very hard and we can't buy it, so we have to buy things for the school or pay for food.

I think in one year the economic crisis is going to end and my father is going to be OK.


ABBEY, 11, UNITED STATES

FROM THE BBC WORLD SERVICE
Abbey and fellow students

My mom had a kids' mat and sleeping bag company and she hasn't been getting as many customers as she has over the past few years. No matter how many advertisements [she places in] stores and magazines, she hasn't been able to get as many customers and she's been going so low on customers she's had to close her shop down.

Meanwhile people are living on the streets, like homeless, and people will just go out and buy expensive cars and stuff and we need to focus on the people who are less fortunate as well. You should support everyone, but you should also focus on the people who are less fortunate.

I think that things are going to change, but it's going to take a while and even if we do little things they're going to add up to a big effect, so I think that if we all try our hardest we're going to be able to get out of it.


FIONA, 13, SOUTH KOREA

FROM THE BBC WORLD SERVICE
Fiona, South Korea

My brother is in college and he will be graduating in two years. I don't think the economy is going to recover by then, so my mum and dad are worried about how he will find a job. My mum is working most of the time. It is hard for her to keep up with all the tuition which is rising and all the exchange rates.

Myself, I'm not that old yet, I don't have a job, I feel bad for my family because I'm the only one that's free from all of it.

I feel that I have to do better in school to say thank you for giving up all the money that could have been put into buying food being put into me and my education.

The economic crisis isn't something that is just going to disappear forever. Like a disease, it's going to repeat itself. When I get into a college or in my early adult years I'll start to worry if that's going to happen to me, then maybe I'll be a little bit more careful about my spending and not trust that the future is golden and that everything is going to be OK, because it probably isn't going to be because there's probably more chance of a crisis than salvation.




Print Sponsor




RELATED BBC LINKS


FEATURES, VIEWS, ANALYSIS
Mystery 'paranoia' illness baffles doctors in China
How a more active Sun could wreak havoc for sat-nav
Legal wrangle hits America's Cup revenues

Explore the BBC

BBC © MMX

The BBC is not responsible for the content of external internet sites.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.
Americas Africa Europe Middle East South Asia Asia Pacific