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And if liquidity in the Greek banking sector freezes up, then so does the Greek economy.
The reluctance to recruit human resources for health is caused mainly by restrictions due to public sector freezes, which are mentioned several times in the proposals.
Cameroon, Malawi and Tanzania were particularly affected by public sector freezes as part of structural adjustment programmes initiated and supported by the World Bank and the International Monetary Fund during the 1980s and 1990s.
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Cuts in defence spending hit it harder than anywhere else in California; the overheated property sector froze; more than 57,000 jobs disappeared.
"In the US, it took about a year to reach the Lehman stage when the market panicked and the shadow banking sector froze," they wrote.
The financial sector froze and threw the world economy to the brink of another Great Depression.
It's at odds with government promises of prudence and public-sector freezes, and will damage retailers' ability to maintain and create jobs".
Second, public sector pay freezes help to keep pay growth down in the private sector.
Putin has already signalled public sector wage freezes and spending cuts.
Five years of public sector pay freezes are the last thing many Labour MPs want to preside over.
Sticking with jobs, in the UK there were mixed fortunes for recruiters on Friday as investors grew increasingly jittery over the impact of public sector hiring freezes.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com