Growth, Employment, and Poverty in Latin America by Guillermo CrucesGrowth, Employment, and Poverty in Latin America by Guillermo Cruces

Growth, Employment, and Poverty in Latin America

byGuillermo Cruces, Gary S. Fields, David Jaume

Hardcover | June 17, 2017

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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 viaimproved 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 andinequality 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 ofLatin 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 samethings. 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 marketindicators as a consequence of the international crisis of 2008, but the negative effects were reversed very quickly in most countries.
Guillermo Cruces (PhD in Economics, LSE) is the deputy director of the Center for Distributive, Labor and Social Studies (CEDLAS) at the Universidad Nacional de La Plata, Argentina (UNLP) and a research fellow at IZA. His research is focused on labor economics and distributional analysis in Latin America and the Caribbean. He has publi...
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Title:Growth, Employment, and Poverty in Latin AmericaFormat:HardcoverDimensions:432 pagesPublished:June 17, 2017Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0198801084

ISBN - 13:9780198801085

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Table of Contents

PART I: Introduction1. Introduction and motivation for the project2. Data and methodologyPART II: Cross-Country Analysis3. Changing labour market indicators and the rate of economic growth in Latin America during the 2000s4. Cross-country patterns: economic growth rate and changes in labour market indicators5. Within-country analysis of the growth-employment-poverty nexus: additional evidence6. Conclusions from the cross-country analysisPart III: Individual Country Analyses7. Argentina8. Bolivia9. Brazil10. Chile11. Colombia12. Costa Rica13. Dominican Republic14. Ecuador15. El Salvador16. Honduras17. Mexico18. Panama19. Paraguay20. Peru21. Uruguay22. VenezuelaAppendix 1: Evolution of labour market indicators over the 2000s by countryAppendix 2: Cross-country relationship between changes in labor market indicators and changes in macroeconomic variables during the 2000sAppendix 3: Evolution of macroeconomic variables over the 2000s by country