The authors examine job creation, job destruction, and net employment growth across 53 developing and emerging economies during the COVID-19 pandemic. Our evidence draws on survey responses from 27,000 unique firms participating in the World Bank Business Pulse and Enterprise Surveys. The authors uncover an inverse relationship between a country’s GDP per capita and the net contraction in employment during the pandemic. Indeed, lower-income countries...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2022/05/15
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Доклад/ отчет
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180519
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1
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2023/03/02
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Disclosed
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In the Developing World, COVID-19 Was a Job Destruction Shock