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Hong Kong

2008 financial crisis led to surge in suicides, international study finds

5,000 more globally killed themselves in wake of lay-offs, study finds

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The 2008 global financial crisis and mass lay-offs in its wake might have driven 5,000 more people than expected globally to commit suicide in the following year, according to a study. Photo: AP
Shirley Zhao

The 2008 global financial crisis and mass lay-offs in its wake might have driven 5,000 more people than expected globally to commit suicide in the following year, according to a study.

In 18 countries in the Americas the study covered, 3,500 more people killed themselves than would normally be expected. In 27 European countries, the figure was almost 3,000.

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But in Asia there were around 1,600 fewer suicides than expected, according to the research, released yesterday by medical and educational institutions from Hong Kong, Taiwan and the UK.

Paul Yip Siu-fai, of the University of Hong Kong's Centre for Suicide Research and Prevention who took part in the study, said the findings appeared to be linked to rising rates of unemployment caused by the financial crisis.

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In Hong Kong, 114 fewer people than expected took their lives.

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