The extensive public sector measures in support of the financial sector have been key to managing the financial crisis that erupted in mid-2007 and intensified after the bankruptcy of Lehman Brothers. This article looks into the measures taken by central banks to contain the impact of the...

A large number of governments in all regions of the world have recognised the need for paid sick leave although the benefi t schedules vary widely. International data show that the incidence of paid sick leave is closely associated with overall economic developments. What are the patterns of...