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Events 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...
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Paci,Pierella; Revenga,Ana L.; Rijkers,Bob.

Coping with crises : why and how to protect employment and earnings (English). Policy Research working paper ; no. WPS 5094 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/366491468152098960

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