2020年疫情下的失业困局：主要经济体的纾困政策及效果

Abstract:As the COVID-19 pandemic has a severe impact on the labor market，major economies have launched large-scale relief plans including package of policy tools since the outbreak of the pandemic. Most of the relief plans mainly depend on fiscal policies. Different countries adjust relief measures to local conditions，with different policy coverage and policy pace，and the measures focus on domestic coordination rather than international coordination. The relief measures help the enterprises survive and help the economy restart quickly，but they do not effectively relieve the employment pressure，and the long-term unemployment risk of the expanding low-income groups. In addition，the relief measures have also led to a sharp rise in the money supply，the rise in government debt burden，the aggravation of imbalance in the structure of fiscal expenditure，the survival of zombie enterprises and the rise of debt burden in the non-financial sector，which have exacerbated the structural problems of the global economy.

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