The Jobs Crisis: Household and Government Responses to the Great Recession in Eastern Europe and Central Asia

by M. Ihsan Ajwad and The World Bank

The financial crisis, which began in the United States and Western Europe swiftly expanded into an economic crisis throughout developing countries. The Eastern Europe and Central Asia region was hit harder than any other region in the world. Deteriorating macroeconomic conditions led to deteriorating household welfare, as unemployment increased. Those workers who kept their jobs took home smaller paychecks. Men became more highly represented among...

• Format: Paperback
• Language: English
• ISBN: 0821387421
• ISBN13: 9780821387429
• Release Date: March 2011
• Publisher: World Bank Publications
• Length: 132 Pages
• Weight: 0.42 lbs.
• Dimensions: 0.3" x 6.0" x 9.0"