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    The Labor Market Story Behind Latin America’s Transformation
    The Labor Market Story Behind Latin America’s Transformation
    The Labor Market Story Behind Latin America’s Transformation
    Ebook65 pages1 hour

    The Labor Market Story Behind Latin America’s Transformation

    By World Bank

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    This semiannual report - a product of the Office of the Chief Economist for the Latin America and Caribbean (LAC) Region of the World Bank - examines in detail the most significant changes experienced by labor markets in LAC countries between the 1990s and the 2000s, and provides an overview of the economic outlook for the LAC region in the coming months. Chapter 1 starts by briefly analyzing the sources of external risks for LAC and describes the economic prospects for the region. Chapter 2 studies how the recent decade of high growth, increased macroeconomic stability and great improvements in the social agenda was accompanied by a rapid transformation of labor markets in LAC. In particular, it documents the forces behind the sharp decline in wage inequality and studies the consequences of disinflation for labor market adjustments.
    LanguageEnglish
    PublisherWorld Bank Publications
    Release dateOct 9, 2012
    ISBN9780821397732
    The Labor Market Story Behind Latin America’s Transformation

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