From the Great Recession to Labour Market Recovery. : Issues, Evidence and Policy Options.

The Great Recession was one of the most traumatic global events of the first decade of the twenty-first century. This book showcases research undertaken by leading experts on the macroeconomic and labour market dimensions of the financial crisis of 2007-2009. It provides a global overview, interpret...

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Bibliographic Details
Online Access: Full text (MCPHS users only)
Main Author: Islam, Iyanatul
Other Authors: Verick, Sher
Format: Electronic eBook
Language:English
Published: Geneva : International Labour Office, 2011
Subjects:
Local Note:ProQuest Ebook Central

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245 1 0 |a From the Great Recession to Labour Market Recovery. :  |b Issues, Evidence and Policy Options. 
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505 0 |a Cover; The International Labour Organization; Title page; Copyright information; CONTENTS; Foreword; Notes on the Contributors; Acknowledgements; List of Abbreviations; 1 Introduction -- I. Islam and S. Verick; Introduction; The global financial and economic crisis of 2007-09; The chapters: a reader's guide; Part I; 2 The Great Recession of 2008-09:Causes, Consequences and Policy Responses -- I. Islam and S. Verick; Introduction; Rates, risk, regulations and global imbalances: factors behind the global financial crisis. 
505 8 |a The global economic and jobs crisis: the diverse nature of its impact on national economiesMitigating the effects of the crisis and securing a sustainablerecovery: the effectiveness of policy responses; From recession to recovery; Concluding remarks; 3 The Global Recession of 2008-09and Developing Countries -- N. Majid; Introduction; The impact of the crisis on growth in developing countries; Responding to the slowdown in growth; Concluding remarks; 4 The Employment Challenge in Developing Countries during Economic Downturn and Recovery -- R. Islam; Introduction. 
505 8 |a Economic downturns and labour market adjustment: ananalytical frameworkLabour market adjustment during downturn and recovery and the social consequences: some case studies; Observations on the debate on labour market adjustment; The global financial crisis of 2008-09 and its impact on labour markets in developing countries; Policy responses at the national level and their possible implications for labour market recovery; Concluding remarks; 5 The Impact of the Global Financial Crisis on Labour Markets in OECD Countries: Why Youth and Other Vulnerable Groups Have Been Hit Hard -- S. Verick. 
505 8 |a IntroductionThe overall impact of the crisis on OECD labour markets; How the global financial crisis has affected employment levels of different segments of the population; Why youth have been hard hit by the crisis; Explaining the impact of the global financial crisis on youth unemployment rates; Concluding remarks; Appendix; Part II; 6 The Rise and Fall of Orthodox Macroeconomic Policy: Pre- and Post-Crisis Perspectives -- M. Muqtada; Introduction; A brief empirical account; Macroeconomics of stabilization: static gains vs dynamic efficiency. 
505 8 |a Resurgence of growth, 2002-07: What lessons for macroeconomic policy?Crises and macroeconomic policies; Towards an employment-focused macroeconomic policy; Concluding remarks; Appendix; 7 The Perennial Quest for Fiscaland Policy Space in Developing Countries -- I. Islam; Introduction; Principles of good policy design; Dealing with the crisis and securing sustainable recovery:the issue of fiscal and policy space; Dealing with the crisis and securing sustainable recovery:the role of regional and global cooperation to augment fiscal and policy space at the national level; Concluding remarks. 
505 8 |a 8 Labour Market Policies in Times of Crisis -- S. Cazes, C. Heuer and S. Verick. 
520 |a The Great Recession was one of the most traumatic global events of the first decade of the twenty-first century. This book showcases research undertaken by leading experts on the macroeconomic and labour market dimensions of the financial crisis of 2007-2009. It provides a global overview, interpreting the causes, consequences and policy responses to the Great Recession from the perspective of both developing and developed countries. 
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650 0 |a Global Financial Crisis, 2008-2009. 
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