01698cas a2200253 a 4500 AALejournalIMF007970 230101c9999 xx r poo 0 0eng d 5.00 USD 9781462308163 2617-6742 BD-DhAAL BD-DhAAL Dao, Mai. The Human Cost of Recessions : Assessing It, Reducing It / Mai Dao, Prakash Loungani. Washington, D.C. : International Monetary Fund, 2010. 1 online resource (27 pages) IMF Staff Position Notes <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Recessions leave scars on the labor market. Over 200 million people across the globe are estimated to be unemployed at present resulting from the Great Recession of 2007-09. We assess the human cost of increased unemployment by surveying what is known about the effects of past recessions. If past is prologue, the cost to the unemployed (and society) could be high. The focus of this paper is on advanced economies. To their credit, most countries mounted strong policy responses to minimize the human costs, and the policy actions were notable also for their consistency and coherence across countries. Mode of access: Internet Loungani, Prakash. IMF Staff Position Notes; Staff Position Note ; No. 2010/017 Full text available on IMF http://elibrary.imf.org/view/journals/004/2010/017/004.2010.issue-017-en.xml IMF e-Library