Foreword -- Table of Contents -- List of abbreviations -- Executive summary and policy recommendations -- Chapter 1: Economic and labour market performance -- Introduction -- A. Macroeconomic developments and crisis transmission mechanisms -- B. Labour market performance -- C. Concluding remarks -- References -- Chapter 2: Brazil's policy response to the crisis -- Introduction -- A. Why this crisis was different -- B. Monetary, credit and exchange-rate policy -- C. The fiscal stimulus package -- D. Social dialogue to support the crisis response -- E. Policy lessons and considerations -- References -- Chapter 3: Supporting employment by leveraging key sectors -- Introduction -- A. Support to employment-oriented activities -- B. Measures to spur employment creation -- C. Policy lessons and considerations -- References -- Chapter 4: Stimulating aggregate demand through social protection -- Introduction -- A. Social protection in Brazil -- B. Responding to the crisis and impact of policies on recovery -- C. Policy lessons and considerations -- References -- Chapter 5: Lessons learned and remaining challenges -- Introduction -- A. Lessons learned -- B. Challenges ahead and areas for improvement -- C. Concluding remarks and way forward -- References -- List of figures -- Figure 1.1 GDP growth, quarterly real GDP rate, 2007-2010 (percentage change from one year earlier) -- Figure 1.2 GDP growth by component and sector, Q2 2008-Q2 2010 -- Figure 1.3 Variations in real GDP and total employment between Q2 2008 and Q2 2010 (percentages) -- Figure 1.4 Change in employment from peak to trough by country (percentages) -- Figure 1.5 Employment in urban areas of Brazil, 2008-2010 (unadjusted, 000s) -- Figure 1.6 Monthly unemployment rate and participation rate changes from previous year, 2008-2010.

Figure 1.7 Employment levels by age group, 2008-2010 (thousands) -- Figure 1.8 Informal employment as a share of total employment, 2008-2010 (percentages) -- Figure 1.9 Evolution of average nominal and real wages, 2008-2010 (R per month) -- Figure 1.10 Inequality in Brazil, 1990-2009 (measured in Gini coefficient) -- Figure 2.1 Public external debt and international reserves, 1997-2010 (US million) -- Figure 2.2 Primary surplus as a percentage of GDP, 1998-2010 (flows accumulated over 12 months) -- Figure 2.3 Fiscal stimulus in G20 countries as a percentage of GDP -- Figure 3.1 Domestic credit growth, 2009 (percentages) -- Figure 3.2 Change in formal employment by size of establishment, 2009 (percentages) -- Figure 3.3 Manufactured industrial production, change from the same month of the previous year -- Figure 3.4 Change in PAC disbursements to each sector, 2009 (percentages) -- Figure 3.5 Change in formal employment by sector, 2008-2010 -- Figure 3.6 Service employment in the six major metropolitan areas, 2009-2010 -- Figure 4.1 Social security and social spending, Brazil and other selected countries, 2008 -- Figure 4.2 Trends in spending on social security by region, 1995-1998 and 2000-2008 -- Figure 4.3 Pension coverage in selected countries and regions (percentage of labour force) -- Figure 4.4 Unemployment insurance beneficiaries, 2008-2009 (thousands) -- Figure 4.5 Real value of the minimum wage, 2001-2010 (R, February 2010) -- Figure 5.1 Impact of active labour market spending -- Figure 5.2 Unemployed receiving unemployment benefits in selected countries, latest available year -- Figure 5.3 Referral of unemployment insurance beneficiaries to a training course, Brazil, 2009 (percentage) -- Figure 5.4 International PISA scores in math, reading and science, 2009.

Figure 5.5 Poverty rates in selected countries, latest year available, 2004-2008 -- Figure 5.6 Income inequality in G20 and selected Latin American countries, 2007 (Gini index) -- Figure 5.7 Informal employment, 2001-2006 -- List of Tables -- Table 2.1 Components of the fiscal stimulus package -- Table 2.2 Planned investment in infrastructure: The Growth Acceleration Programme (PAC) -- Table 2.3 Tax reductions included in the stimulus package -- Table 3.1 Opinion on whether the following policies could contribute to avoiding dismissals -- Table 4.1 Regional distribution of beneficiary families and of the poor, February 2009 -- Table 4.2 Workers earning the minimum wage, by occupational category and gender, 2008 -- List of boxes -- Box 1.1 Crisis transmission channels in Brazil -- Box 4.1 Brazil's retirement income system -- Box 4.2 Brazil's unemployment insurance programme, 2010 -- Box 5.1 Maximizing microeconomic benefits of macroeconomic policy -- Box 5.2 Direct support to employment -- Box 5.3 Well-designed social protection measures -- Box 5.4 A snapshot of labour market policies in Brazil -- Box 5.5 Germany's short-time work programme.