LEADER 02676cam a22005175i 4500001 99131234587106421 005 20200912162010.0 006 m d 007 cr cn||||||||| 008 020129s2020 dcu o i00 0 eng^^ 024 7 10.1596/34263 |2doi 035 (CKB)4920000001212586 035 (The World Bank)34263 035 (US-djbf)34263 035 (EXLCZ)994920000001212586 040 DJBF |beng |cDJBF |erda 100 1 Carranza, Eliana. 245 10 Managing the Employment Impacts of the COVID-19 Crisis : |bPolicy Options for Relief and Restructuring / |cEliana Carranza. 246 Managing the Employment Impacts of the COVID-19 Crisis 264 1 Washington, D.C. : |bThe World Bank, |c2020. 336 text |btxt |2rdacontent 337 computer |bc |2rdamedia 338 online resource |bcr |2rdacarrier 347 data file |2rda 490 1 Other papers. 520 3 This note discusses policy options for managing the employment impacts of the COVID-19 (coronavirus) crisis aimed at relief and restructuring. The note pays attention to the labor market and institutional context of most low and middle-income countries where informality is large and where existing institutions often lack mechanisms to effectively reach businesses and workers in the informal economy. The note covers complementary policies aimed, in the relief phase, at: 1) Helping businesses survive and retain workers; 2) providing protection for those who do lose their jobs and see their livelihoods significantly affected; and 3) facilitating alternative employment and employability support for those who are out of work (collectively known as active labor market programs, ALMP). The note further differentiates between these relief responses and the restructuring response when countries start to reopen for businesses and policies need to aim to support firms' and workers' transition to a "new normal", hopefully a "better normal" that supports a resilient recovery. 650 4 Access to Finance 650 4 Business Cycles and Stabilization Policies 650 4 Coronavirus 650 4 COVID-19 650 4 Economic Recovery 650 4 Employment and Unemployment 650 4 Informal Sector 650 4 Labor Market 650 4 Labor Markets 650 4 Labor Policies 650 4 Macroeconomics and Economic Growth 650 4 Social Protections and Assistance 650 4 Social Protections and Labor 650 4 Unemployment 700 1 Farole, Thomas. 700 1 Gentilini, Ugo. 700 1 Morgandi, Matteo. 700 1 Packard, Truman. 700 1 Santos, Indhira. 700 1 Weber, Michael. 830 0 Other papers. 830 0 World Bank e-Library. 906 BOOK