Add to ORKGEvents of the past two years are a reminder that crises are a recurring phenomenon with deep and often protracted impacts on labor markets. This paper examines the challenges inherent in crafting policy responses, with particular attention to developing countries. It focuses on the potential tradeoffs between offsetting adverse short-term impacts and preserving incentives for economic recovery and future growth, and between protecting the most vulnerable and compensating those most immediately impacted. It also highlights how policymakers’ room for maneuver is constrained in crisis times by deteriorating fiscal space, limited institutional capacity, and mounting political pressures. Based on empirical evidence from previous crises, the pape...
Economies around the world have faced repeated crises — more frequently over the past thirty years. ...
The paper analyzes the possible distributional consequences of the global crisis based on the lesson...
WP 2010-09 May 2010Crises are likely to be new normal for developing and transition economies. In de...
This paper reviews evidence from 44 middle-income countries on how the recent financial crisis affec...
The global economic crisis has rattled markets and economies around the globe, and its duration is v...
Financial crises in emerging economies have become more frequent. The poor are more likely than othe...
Developing countries are being severely hit by the global crisis. However, the ability of different ...
Employment effects of the 2008/9 global economic crisis have differed significantly across countries...
After almost 20 years of prudent macro policies, Peru seems in better shape than before to withstand...
Employment effects of the recent global economic crisis have differed significantly across countries...
This paper considers policies of the industrialized countries, as they pertain to crises in emerging...
This paper surveys qualitative crisis monitoring data from sites in 17 developing and transition cou...
This paper provides an overview of the period prior to the recent global crisis, and the policies th...
The current global financial crisis will have adverse effects on poor people in developing countries...
Developing countries frequently face large adverse shocks to their economies. We study two distinct ...
Economies around the world have faced repeated crises — more frequently over the past thirty years. ...
The paper analyzes the possible distributional consequences of the global crisis based on the lesson...
WP 2010-09 May 2010Crises are likely to be new normal for developing and transition economies. In de...
This paper reviews evidence from 44 middle-income countries on how the recent financial crisis affec...
The global economic crisis has rattled markets and economies around the globe, and its duration is v...
Financial crises in emerging economies have become more frequent. The poor are more likely than othe...
Developing countries are being severely hit by the global crisis. However, the ability of different ...
Employment effects of the 2008/9 global economic crisis have differed significantly across countries...
After almost 20 years of prudent macro policies, Peru seems in better shape than before to withstand...
Employment effects of the recent global economic crisis have differed significantly across countries...
This paper considers policies of the industrialized countries, as they pertain to crises in emerging...
This paper surveys qualitative crisis monitoring data from sites in 17 developing and transition cou...
This paper provides an overview of the period prior to the recent global crisis, and the policies th...
The current global financial crisis will have adverse effects on poor people in developing countries...
Developing countries frequently face large adverse shocks to their economies. We study two distinct ...
Economies around the world have faced repeated crises — more frequently over the past thirty years. ...
The paper analyzes the possible distributional consequences of the global crisis based on the lesson...
WP 2010-09 May 2010Crises are likely to be new normal for developing and transition economies. In de...