ENGLISH

Job Creation in Latin America and the Caribbean: Recent Trends and the Policy Challenges (Latin American Development Forum)

By Gaelle Pierre , Carmen Pages , Stefano Scarpetta

Book information

Publisher
World Bank Publications
Year
2009
ISBN
9780821376232, 9780821376881, 0821376233, 9780821380253
DOI
10.1596/978-0-8213-7623-2
LCC
HD5730.5.A6 P34 2009
Open Library ID
OL23218161M
Language
english
Format
PDF
Filesize
4 MB (4104222 bytes)
Pages
484\484
Scanned
yes
Time added
2011-08-31 04:54:40

Description

More than a decade has passed since the introduction of comprehensive macroeconomic stabilization packages and trade, fiscal, and financial market reforms in Latin America and the Caribbean. However, growth prospects remain disappointing; labor markets show lackluster performance, with low participation rates, high and persistent informality, and, in some cases, open unemployment. Creating viable and lasting employment is vital to reduce poverty and spread prosperity in the region. The failure to create more and more productive and rewarding jobs carries substantial political, social, and economic costs. Job Creation in Latin America and the Caribbean: Recent Trends and Policy Challenges provides a thorough examination of the labor market trends in the region in recent decades and assesses the role that labor demand and labor supply factors have played in shaping these outcomes.

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