Managing the Employment Impacts of the COVID-19 Crisis: Policy Options for Relief and Restructuring
By Eliana Carranza, Thomas Farole, Ugo Gentilini, Matteo Morgandi, Truman Packard, Indhira Santos, and Michael Weber This note discusses policy options for managing the employment impacts of the COVID-19 crisis aimed at relief and restructuring. The relief phase corresponds to an initial COVID-19 phase when the health emergency dominates, lockdowns are common, and the focus is on saving lives, providing support to workers and households to manage the income shock and to firms to say afloat and, often retain workers;...