Avoiding the Eye of the Storm : How to Deal Effectively with Job Crises
Although economic crises are difficult to predict, their recurrence is a salient feature of emerging market economies. Nevertheless, many developing countries continue to lack an effective policy infrastructure that can mitigate the impacts of econ...
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| Format: | Brief |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2010/11/13120455/avoiding-eye-storm-deal-effectively-job-crises http://hdl.handle.net/10986/10142 |
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okr-10986-101422021-04-23T14:02:48Z Avoiding the Eye of the Storm : How to Deal Effectively with Job Crises Johansson, Sara Revenga, Ana Paci, Pierella Rijkers, Bob ACCESS TO FINANCING ACTIVE LABOR ACTIVE LABOR MARKET ACTIVE LABOR MARKET POLICIES ACTIVE LABOR MARKET PROGRAMS ACTIVE LABOUR ACTIVE LABOUR MARKET ACTIVE LABOUR MARKET POLICIES AGGREGATE PRODUCTIVITY ALLOCATION ALLOCATION OF RESOURCES BALANCE SHEET BANKRUPTCY BANKRUPTCY LAWS BULLETIN BUSINESS CYCLE BUSINESS CYCLES CAPS CASH TRANSFER CASH TRANSFERS CATALYSTS CHILD HEALTH CLIMATE CREATIVE DESTRUCTION CREDIT CONSTRAINTS CREDIT MARKET CREDIT MARKETS CREDIT POLICIES CRISES DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DISMISSAL ECONOMIC CRISES ECONOMIC DOWNTURNS ECONOMIC RECOVERY ECONOMIC SHOCKS EFFECTIVE POLICIES EMPLOYABILITY EMPLOYMENT EMPLOYMENT LEVELS EMPLOYMENT TRENDS EXPORT GROWTH EXPORTERS FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL MARKETS FIRM ENTRY FORGIVENESS FORMAL SECTOR WORKERS FUEL PRICES FUTURE GROWTH GLOBAL EFFORT GLOBAL TRADE GLOBALIZATION GOVERNMENT INTERVENTIONS HOUSEHOLD ENTERPRISE HOUSEHOLD INCOME HUMAN CAPITAL IMPORT SUBSTITUTION INCENTIVE PROBLEMS INCOME INCOME GROWTH INNOVATION INSTITUTIONAL CAPACITY INSTRUMENT INSURANCE INSURANCE MECHANISMS INTERNATIONAL DEVELOPMENT INVENTORIES INVESTMENT CLIMATE JOB CREATION JOB DESTRUCTION JOB SEARCH JOB SEARCH ASSISTANCE JOB SEARCH ASSISTANCE SCHEMES JOB-SEARCH ASSISTANCE JOBS JOBS CRISIS LABOR DEMAND LABOR INTENSITY LABOR MARKET LABOR MARKET ADJUSTMENT LABOR MARKET INDICATORS LABOR MARKET INFORMATION LABOR MARKET INFORMATION SYSTEMS LABOR MARKET OUTCOMES LABOR MARKET POLICIES LABOR MARKET REGULATIONS LABOR MARKETS LABOUR LACK OF INFORMATION LIMITED RESOURCES LIVING STANDARDS LOAN LONG-TERM COSTS LOW-INCOME COUNTRIES MARKET ECONOMIES MASS UNEMPLOYMENT MICROCREDIT MICROFINANCE MICROFINANCE INSTITUTIONS MINIMUM WAGES MONETARY ECONOMICS NEGATIVE SHOCKS OVERHEAD COSTS PAYROLL TAX POLICY MAKERS POLICY RESEARCH POLICY RESEARCH WORKING PAPER POLICY RESPONSES POLITICAL ECONOMY PRIVATE SECTOR PRODUCT MARKET PRODUCT MARKET REGULATION PRODUCTIVITY PROGRAM BENEFICIARIES PUBLIC DEBT PUBLIC SERVICES PUBLIC WORK PUBLIC WORKS PUBLIC WORKS PROGRAMS PUBLIC WORKS SCHEMES RETURN RETURNS RURAL POVERTY SAFETY SAFETY NET SAFETY NETS SELF-EMPLOYMENT ASSISTANCE SEVERANCE PAY SKILLED PERSONS SKILLS DEVELOPMENT TRADE LIBERALIZATION TRADING TRADING PARTNERS TRAINING POLICIES TRAINING PROGRAMS TRANSITION COUNTRIES UNEMPLOYMENT UNEMPLOYMENT BENEFITS UNEMPLOYMENT INSURANCE VULNERABILITY VULNERABLE GROUPS WAGE SUBSIDIES WIN-WIN POLICIES WORKER WORKER PRODUCTIVITY WORKERS WORKING HOURS Although economic crises are difficult to predict, their recurrence is a salient feature of emerging market economies. Nevertheless, many developing countries continue to lack an effective policy infrastructure that can mitigate the impacts of economic downturns on employment opportunities without affecting long-term growth prospects. This was painfully highlighted by the hasty reactions implemented by many countries in response to the global downturn of 2008-09, and by the ad hoc and reactive nature of many of the policies implemented. The weak ability of governments to systematically foresee, monitor, and offset adverse labor market impacts of economic downturn is of particular concern in developing countries where poverty incidence is high and labor is typically the only asset for the majority of the population. The main objectives of this note are: 1) to highlight the need for policies that limit earnings volatility; 2) to guide policy makers through the challenges inherent in crafting effective and comprehensive policy packages. 2012-08-13T10:32:25Z 2012-08-13T10:32:25Z 2010-11 http://documents.worldbank.org/curated/en/2010/11/13120455/avoiding-eye-storm-deal-effectively-job-crises http://hdl.handle.net/10986/10142 English Economic Premise; No. 40 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ACCESS TO FINANCING ACTIVE LABOR ACTIVE LABOR MARKET ACTIVE LABOR MARKET POLICIES ACTIVE LABOR MARKET PROGRAMS ACTIVE LABOUR ACTIVE LABOUR MARKET ACTIVE LABOUR MARKET POLICIES AGGREGATE PRODUCTIVITY ALLOCATION ALLOCATION OF RESOURCES BALANCE SHEET BANKRUPTCY BANKRUPTCY LAWS BULLETIN BUSINESS CYCLE BUSINESS CYCLES CAPS CASH TRANSFER CASH TRANSFERS CATALYSTS CHILD HEALTH CLIMATE CREATIVE DESTRUCTION CREDIT CONSTRAINTS CREDIT MARKET CREDIT MARKETS CREDIT POLICIES CRISES DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DISMISSAL ECONOMIC CRISES ECONOMIC DOWNTURNS ECONOMIC RECOVERY ECONOMIC SHOCKS EFFECTIVE POLICIES EMPLOYABILITY EMPLOYMENT EMPLOYMENT LEVELS EMPLOYMENT TRENDS EXPORT GROWTH EXPORTERS FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL MARKETS FIRM ENTRY FORGIVENESS FORMAL SECTOR WORKERS FUEL PRICES FUTURE GROWTH GLOBAL EFFORT GLOBAL TRADE GLOBALIZATION GOVERNMENT INTERVENTIONS HOUSEHOLD ENTERPRISE HOUSEHOLD INCOME HUMAN CAPITAL IMPORT SUBSTITUTION INCENTIVE PROBLEMS INCOME INCOME GROWTH INNOVATION INSTITUTIONAL CAPACITY INSTRUMENT INSURANCE INSURANCE MECHANISMS INTERNATIONAL DEVELOPMENT INVENTORIES INVESTMENT CLIMATE JOB CREATION JOB DESTRUCTION JOB SEARCH JOB SEARCH ASSISTANCE JOB SEARCH ASSISTANCE SCHEMES JOB-SEARCH ASSISTANCE JOBS JOBS CRISIS LABOR DEMAND LABOR INTENSITY LABOR MARKET LABOR MARKET ADJUSTMENT LABOR MARKET INDICATORS LABOR MARKET INFORMATION LABOR MARKET INFORMATION SYSTEMS LABOR MARKET OUTCOMES LABOR MARKET POLICIES LABOR MARKET REGULATIONS LABOR MARKETS LABOUR LACK OF INFORMATION LIMITED RESOURCES LIVING STANDARDS LOAN LONG-TERM COSTS LOW-INCOME COUNTRIES MARKET ECONOMIES MASS UNEMPLOYMENT MICROCREDIT MICROFINANCE MICROFINANCE INSTITUTIONS MINIMUM WAGES MONETARY ECONOMICS NEGATIVE SHOCKS OVERHEAD COSTS PAYROLL TAX POLICY MAKERS POLICY RESEARCH POLICY RESEARCH WORKING PAPER POLICY RESPONSES POLITICAL ECONOMY PRIVATE SECTOR PRODUCT MARKET PRODUCT MARKET REGULATION PRODUCTIVITY PROGRAM BENEFICIARIES PUBLIC DEBT PUBLIC SERVICES PUBLIC WORK PUBLIC WORKS PUBLIC WORKS PROGRAMS PUBLIC WORKS SCHEMES RETURN RETURNS RURAL POVERTY SAFETY SAFETY NET SAFETY NETS SELF-EMPLOYMENT ASSISTANCE SEVERANCE PAY SKILLED PERSONS SKILLS DEVELOPMENT TRADE LIBERALIZATION TRADING TRADING PARTNERS TRAINING POLICIES TRAINING PROGRAMS TRANSITION COUNTRIES UNEMPLOYMENT UNEMPLOYMENT BENEFITS UNEMPLOYMENT INSURANCE VULNERABILITY VULNERABLE GROUPS WAGE SUBSIDIES WIN-WIN POLICIES WORKER WORKER PRODUCTIVITY WORKERS WORKING HOURS |
| spellingShingle |
ACCESS TO FINANCING ACTIVE LABOR ACTIVE LABOR MARKET ACTIVE LABOR MARKET POLICIES ACTIVE LABOR MARKET PROGRAMS ACTIVE LABOUR ACTIVE LABOUR MARKET ACTIVE LABOUR MARKET POLICIES AGGREGATE PRODUCTIVITY ALLOCATION ALLOCATION OF RESOURCES BALANCE SHEET BANKRUPTCY BANKRUPTCY LAWS BULLETIN BUSINESS CYCLE BUSINESS CYCLES CAPS CASH TRANSFER CASH TRANSFERS CATALYSTS CHILD HEALTH CLIMATE CREATIVE DESTRUCTION CREDIT CONSTRAINTS CREDIT MARKET CREDIT MARKETS CREDIT POLICIES CRISES DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DISMISSAL ECONOMIC CRISES ECONOMIC DOWNTURNS ECONOMIC RECOVERY ECONOMIC SHOCKS EFFECTIVE POLICIES EMPLOYABILITY EMPLOYMENT EMPLOYMENT LEVELS EMPLOYMENT TRENDS EXPORT GROWTH EXPORTERS FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL MARKETS FIRM ENTRY FORGIVENESS FORMAL SECTOR WORKERS FUEL PRICES FUTURE GROWTH GLOBAL EFFORT GLOBAL TRADE GLOBALIZATION GOVERNMENT INTERVENTIONS HOUSEHOLD ENTERPRISE HOUSEHOLD INCOME HUMAN CAPITAL IMPORT SUBSTITUTION INCENTIVE PROBLEMS INCOME INCOME GROWTH INNOVATION INSTITUTIONAL CAPACITY INSTRUMENT INSURANCE INSURANCE MECHANISMS INTERNATIONAL DEVELOPMENT INVENTORIES INVESTMENT CLIMATE JOB CREATION JOB DESTRUCTION JOB SEARCH JOB SEARCH ASSISTANCE JOB SEARCH ASSISTANCE SCHEMES JOB-SEARCH ASSISTANCE JOBS JOBS CRISIS LABOR DEMAND LABOR INTENSITY LABOR MARKET LABOR MARKET ADJUSTMENT LABOR MARKET INDICATORS LABOR MARKET INFORMATION LABOR MARKET INFORMATION SYSTEMS LABOR MARKET OUTCOMES LABOR MARKET POLICIES LABOR MARKET REGULATIONS LABOR MARKETS LABOUR LACK OF INFORMATION LIMITED RESOURCES LIVING STANDARDS LOAN LONG-TERM COSTS LOW-INCOME COUNTRIES MARKET ECONOMIES MASS UNEMPLOYMENT MICROCREDIT MICROFINANCE MICROFINANCE INSTITUTIONS MINIMUM WAGES MONETARY ECONOMICS NEGATIVE SHOCKS OVERHEAD COSTS PAYROLL TAX POLICY MAKERS POLICY RESEARCH POLICY RESEARCH WORKING PAPER POLICY RESPONSES POLITICAL ECONOMY PRIVATE SECTOR PRODUCT MARKET PRODUCT MARKET REGULATION PRODUCTIVITY PROGRAM BENEFICIARIES PUBLIC DEBT PUBLIC SERVICES PUBLIC WORK PUBLIC WORKS PUBLIC WORKS PROGRAMS PUBLIC WORKS SCHEMES RETURN RETURNS RURAL POVERTY SAFETY SAFETY NET SAFETY NETS SELF-EMPLOYMENT ASSISTANCE SEVERANCE PAY SKILLED PERSONS SKILLS DEVELOPMENT TRADE LIBERALIZATION TRADING TRADING PARTNERS TRAINING POLICIES TRAINING PROGRAMS TRANSITION COUNTRIES UNEMPLOYMENT UNEMPLOYMENT BENEFITS UNEMPLOYMENT INSURANCE VULNERABILITY VULNERABLE GROUPS WAGE SUBSIDIES WIN-WIN POLICIES WORKER WORKER PRODUCTIVITY WORKERS WORKING HOURS Johansson, Sara Revenga, Ana Paci, Pierella Rijkers, Bob Avoiding the Eye of the Storm : How to Deal Effectively with Job Crises |
| relation |
Economic Premise; No. 40 |
| description |
Although economic crises are difficult
to predict, their recurrence is a salient feature of
emerging market economies. Nevertheless, many developing
countries continue to lack an effective policy
infrastructure that can mitigate the impacts of economic
downturns on employment opportunities without affecting
long-term growth prospects. This was painfully highlighted
by the hasty reactions implemented by many countries in
response to the global downturn of 2008-09, and by the ad
hoc and reactive nature of many of the policies implemented.
The weak ability of governments to systematically foresee,
monitor, and offset adverse labor market impacts of economic
downturn is of particular concern in developing countries
where poverty incidence is high and labor is typically the
only asset for the majority of the population. The main
objectives of this note are: 1) to highlight the need for
policies that limit earnings volatility; 2) to guide policy
makers through the challenges inherent in crafting effective
and comprehensive policy packages. |
| format |
Publications & Research :: Brief |
| author |
Johansson, Sara Revenga, Ana Paci, Pierella Rijkers, Bob |
| author_facet |
Johansson, Sara Revenga, Ana Paci, Pierella Rijkers, Bob |
| author_sort |
Johansson, Sara |
| title |
Avoiding the Eye of the Storm : How to Deal Effectively with Job Crises |
| title_short |
Avoiding the Eye of the Storm : How to Deal Effectively with Job Crises |
| title_full |
Avoiding the Eye of the Storm : How to Deal Effectively with Job Crises |
| title_fullStr |
Avoiding the Eye of the Storm : How to Deal Effectively with Job Crises |
| title_full_unstemmed |
Avoiding the Eye of the Storm : How to Deal Effectively with Job Crises |
| title_sort |
avoiding the eye of the storm : how to deal effectively with job crises |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2010/11/13120455/avoiding-eye-storm-deal-effectively-job-crises http://hdl.handle.net/10986/10142 |
| _version_ |
1764412006001016832 |