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oapen-20.500.12657-313762022-04-26T11:21:29Z Growth, Employment, and Poverty in Latin America Cruces, Guillermo Fields, Gary S. Jaume, David Viollaz, Mariana economic growth employment conditions reduction of poverty latin america Financial crisis of 2007–08 Gini coefficient Gross domestic product Labour economics Social security Unemployment bic Book Industry Communication::K Economics, finance, business & management::KC Economics::KCF Labour economics bic Book Industry Communication::K Economics, finance, business & management::KC Economics::KCG Economic growth bic Book Industry Communication::K Economics, finance, business & management::KC Economics::KCM Development economics & emerging economies 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. 2017-04-01 23:55:55 2018-10-03 09:09:28 2020-04-01T13:33:06Z 2020-04-01T13:33:06Z 2017 book 629585 OCN: 987100947 9780198801085 http://library.oapen.org/handle/20.500.12657/31376 eng WIDER Studies in Development Economics application/pdf n/a 629585.pdf https://global.oup.com/academic/product/growth-employment-and-poverty-in-latin-america-9780198801085 Oxford University Press 10.1093/oso/9780198801085.001.0001 10.1093/oso/9780198801085.001.0001 b9501915-cdee-4f2a-8030-9c0b187854b2 c9be6ad3-6692-452d-a1f3-a3e6c74f0fe2 9780198801085 528 Oxford, UK UNU WIDER open access
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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 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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