The global financial crisis is likely to cause increased mental health problems and even suicides as people struggle to cope with poverty and unemployment, the World Health Organization warned Thursday.
Hundreds of millions of people worldwide are already affected by mental problems such as depression and bi-polar disorders and the current market meltdown could exacerbate feelings of despair among people vulnerable to such illnesses.
The United Nations agency said the impact could be especially marked for those living in low and middle income countries where access to treatment is often limited.
"We should not be surprised or underestimate the turbulence and likely consequences of the current financial crisis. As it is we are seeing a huge gap in taking care of people in great need," WHO director general Margaret Chan told a meeting of mental health experts.
Poverty and its associated stresses including violence, social exclusion and "constant insecurity" are linked to the onset of mental disorders, she said.
"It should not come as a surprise that we continue to see more stresses, suicides and mental disorders," Chan warned.
Benedetto Saraceno, director of WHO's mental health and substance abuse department, said mental health disorders affect one in four people at some point in their lives.
Mental and neurological disorders are often chronic and disabling, he said. Nearly 1 million people commit suicide worldwide every year, a large proportion of them young adults.
Asked about the financial crisis, Saraceno said "Poverty can be the consequence of such events, the debts, despair and sense of loss that may reach middle and lower classes. Even the poor can be affected by this crisis".
"There is a clear evidence that suicide is linked to financial disasters. I am not talking about the millionaire jumping out of the window but about poor people," he said.
The global crisis could be expected to affect the "stability of communities and families", according to Saraceno.
The WHO launched a programme Thursday, the annual World Mental Health Day, aimed at increasing funding and services for the mentally ill over the next six years.
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