id author title date pages extension mime words sentences flesch summary cache txt cord-032256-7yrh16ab Susskind, Daniel The economics of the COVID-19 pandemic: an assessment 2020-08-29 .txt text/plain 6484 309 59 The two are closely related: it is becoming clear that the use of compulsory lockdowns-by the end of March 2020, over 100 countries had one in place-had an important signalling effect at the start of the pandemic, making clear how critical it was for individuals to change their behaviour. In turn, there appear to be important age inequalities, too: the International Labour Office (ILO), for instance, argues that young people have been 'disproportionately affected' by the pandemic, which has disrupted their education and training, and forced them out of work; one in six young people surveyed by the ILO, for example, had stopped working since the start of the COVID-19 crisis (ILO, 2020). (2020, this issue) argue, as we move out of lockdown and into a tentative period of recovery, it will be necessary to consider a new set of policy options: extension of short-time work and possible temporary subsidy for re-employment; corporation tax incentives; VAT reductions; and a holiday from taxes on business property. ./cache/cord-032256-7yrh16ab.txt ./txt/cord-032256-7yrh16ab.txt