Consequently, a combination of macro- and micro- analyses is needed to fully capture the effects of the global financial and economic crisis on developing countries and to help formulating policies to mitigate their effects on households and children. Given the magnitude of the shocks engendered by the crisis, a computable general equilibrium (CGE) framework is required to incorporate the structural aspects of the economy and capture the many and varied direct and indirect interactions between factor markets, good markets, households, government, private firms and the foreign partners. However, CGEs generally cannot distinguish the impacts on individual households and their members, as required to evaluate the poverty, nutritional, educational and health impacts on children. The effects of the global economic crisis on households and individuals can be felt in terms of changes in employment opportunities and earnings, commodity prices, private and public income transfers, and the provision of public services.