Economic reforms, growth and employment: labour markets in Latin America and the Caribbean
ECLAC, 2001 - Business & Economics - 205 pages
In the last ten to fifteen years, profound structural reforms have moved Latin America and the Caribbean from closed, state-dominated economies to ones that are more market-oriented and open. Policymakers expected that these changes would speed up growth. This book is part of a multi-year project to determine whether these expectation have been fulfilled. Analysing the impact of the reforms on employment it is argued that expectations were not fulfilled with respect to the operation of the labour markets. The reforms limited the expansion of employment in some sectors, particularly in tradeable goods. They also created a bias in labour demad for better educated workers which exacerbates inequality. It is thus made clear that the region faces major challenges both in increasing the number of jobs and improving job equality.
What people are saying - Write a review
We haven't found any reviews in the usual places.
age population agricultural employment América Latina analysis Argentina Author's calculations average labour productivity Bolivia departmental capitals branches Brazil business services Caribbean Caribe CEPAL chapter Chile Colombia comparative advantages context contracts Costa Rica countries under study decade desarrollo dynamic ECLAC economic growth economic reforms económicas educational groups educational levels employment structure evolution exchange rate exports factors fell firms grew growth of employment growth rate heterogeneity impact increase industrial institutional framework integration internal Jamaica job creation jobless growth labour demand labour force labour intensity labour market institutions labour participation labour performance labour relations labour supply Latin America levels of education macroeconomic manufacturing employment maquiladoras Mexico microenterprises national total nine countries non-wage output period Peru policies processes real wages reflects regional level relative secondary sectors segments share social subcontracting technological change tertiary activities tertiary sector trade trends variables wage earners wage employment wage gap wage labour women workers