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Growth, Employment, and Poverty in Latin America (Hardcover)
Loot Price: R3,073
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Growth, Employment, and Poverty in Latin America (Hardcover)
Series: WIDER Studies in Development Economics
Expected to ship within 12 - 17 working days
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This is an open access title available under the terms of a CC
BY-NC-SA 3.0 IGO licence. It is free to read at Oxford Scholarship
Online and offered as a free PDF download from OUP and selected
open access locations. This book examines the links between
economic growth, changing employment conditions, and the reduction
of poverty in Latin America in the 2000s. Our analysis answers the
following broad questions: Has economic growth resulted in gains in
standards of living and reductions in poverty via improved labour
market conditions in Latin America in the 2000s, and have these
improvements halted or been reversed since the international crisis
of 2008? How do the rate and character of economic growth, changes
in the various employment and earnings indicators, and changes in
poverty and inequality indicators relate to each other? Our
contribution is an in-depth study of the multi-pronged
growth-employment-poverty nexus based on a large number of labour
market indicators (twelve employment and earnings indicators and
four poverty and inequality indicators) for a large number of Latin
American countries (sixteen of them). The book presents a positive
and hopeful set of findings for the period 2000 to 2012/13.
Economic growth took place and brought about improvements in almost
all labour market indicators and consequent reductions in poverty
rates. But not all improvements were equal in size or caused by the
same things. Some macroeconomic factors were associated with
changes in labour market conditions, some of them always in the
welfare-improving direction and some others always in the
welfare-reducing direction. Most countries in the region suffered a
deterioration in at least some labour market indicators as a
consequence of the international crisis of 2008, but the negative
effects were reversed very quickly in most countries.
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