Examines effects of the 2008-09 financial downturn on all workers with particular attention to low-income older workers who stand to suffer the most, often retiring early because of lack of work; discusses the real effects of the stock market decline, falling house prices, and stagnant job...

This second report of a two-phase evaluation of the World Bank Groupapos;s unprecedented response to the 2008-09 global economic crisis addresses questions raised by the findings of the first phase evaluation regarding the Bankapos;s crisis lending in the financial, fiscal, and social protection...