This book looks back both at how the Great Recession affected employment outcomes in developing countries and at how governments responded. The chapters bring together a unique compilation of data and analysis from very different sources, including an inventory of policies implemented during the...

Although the economic crisis that started in 2008 hit all EU member states hard, the impact of the crisis on employment, unemployment, earnings and inequality varied considerably. This paper analyses the variation in the consequences of the crisis among the member states of the EU. First, it...

This paper investigates to what extent the tax and transfer systems in Europe protect households at different income levels against losses in current income caused by economic downturns like the present financial crisis. We use a multi country micro simulation model to analyse how shocks on...