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Author: Joana Silva
Publisher: World Bank Publications
ISBN: 1464817227
Category : Business & Economics
Languages : en
Pages : 385
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Book Description
A region known for its volatility, Latin America and the Caribbean (LAC) has suffered severe economic and social setbacks from crises—including the COVID-19 pandemic. These crises have taken their toll on careers, wage growth, and productivity. Employment in Crisis: The Path to Better Jobs in a Post-COVID-19 Latin America provides new evidence on the effects of crises on the region’s workers and firms and suggests several policy responses that can bolster long-term and inclusive economic growth. This report has three key findings. First, crises lead to persistent employment losses and accelerate structural changes away from the formal sector. This change occurs more through reductions in the creation of formal jobs than through job destruction. Second, some workers recover from crises, while others are permanently scarred by them. Low-skilled workers can suffer up to a decade of lower earnings caused by crises, while high-skilled workers rebound fast, exacerbating the LAC region’s high level of inequality. Formal workers suffer smaller employment and wage losses in localities with higher rates of informality. And the reduced job flows caused by crises decrease welfare, but workers in localities with more job opportunities, whether formal or informal, bounce back better. Third, crises’ cleansing effects can increase efficiency and productivity, but these effects are dampened by the LAC region’s less competitive market structure. Rather than becoming more agile and productive during economic downturns, protected sectors and firms gain market share and crowd out others, trapping valuable resources. This report proposes a three-pronged mix of policies to improve the LAC region’s responses to crises: • Create a more stable macroeconomic environment to smooth the impacts of crises, including automatic stabilizers such as unemployment insurance and short-term compensation programs; • Increase the capacity of social protection and labor programs to respond to crises and coalesce these programs into systems that complement income support with reemployment assistance and reskilling opportunities; and • Tackle structural issues, including the lack of product market competition and the spatial dimension behind poor labor market adjustment—a “good jobs and good firms†? agenda.
Author: Joana Silva
Publisher: World Bank Publications
ISBN: 1464817227
Category : Business & Economics
Languages : en
Pages : 385
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Book Description
A region known for its volatility, Latin America and the Caribbean (LAC) has suffered severe economic and social setbacks from crises—including the COVID-19 pandemic. These crises have taken their toll on careers, wage growth, and productivity. Employment in Crisis: The Path to Better Jobs in a Post-COVID-19 Latin America provides new evidence on the effects of crises on the region’s workers and firms and suggests several policy responses that can bolster long-term and inclusive economic growth. This report has three key findings. First, crises lead to persistent employment losses and accelerate structural changes away from the formal sector. This change occurs more through reductions in the creation of formal jobs than through job destruction. Second, some workers recover from crises, while others are permanently scarred by them. Low-skilled workers can suffer up to a decade of lower earnings caused by crises, while high-skilled workers rebound fast, exacerbating the LAC region’s high level of inequality. Formal workers suffer smaller employment and wage losses in localities with higher rates of informality. And the reduced job flows caused by crises decrease welfare, but workers in localities with more job opportunities, whether formal or informal, bounce back better. Third, crises’ cleansing effects can increase efficiency and productivity, but these effects are dampened by the LAC region’s less competitive market structure. Rather than becoming more agile and productive during economic downturns, protected sectors and firms gain market share and crowd out others, trapping valuable resources. This report proposes a three-pronged mix of policies to improve the LAC region’s responses to crises: • Create a more stable macroeconomic environment to smooth the impacts of crises, including automatic stabilizers such as unemployment insurance and short-term compensation programs; • Increase the capacity of social protection and labor programs to respond to crises and coalesce these programs into systems that complement income support with reemployment assistance and reskilling opportunities; and • Tackle structural issues, including the lack of product market competition and the spatial dimension behind poor labor market adjustment—a “good jobs and good firms†? agenda.
Author: Jorge Granda Aguilar
Publisher: Flacso-Sede Ecuador
ISBN: 9978671862
Category : Equality
Languages : es
Pages : 86
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Book Description
Author: Juan Manuel Santos
Publisher: Oxford University Press
ISBN: 0192885421
Category : Political Science
Languages : en
Pages : 167
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Book Description
In the second decade of the 21st century, Colombia showed surprising results in the fight against poverty. Monetary poverty dropped, extreme monetary poverty was cut in half, and multidimensional poverty fell. More than five million Colombians overcame poverty. Inequality also decreased significantly. In the middle of an internal armed conflict and peace negotiations, Colombia became a poverty reduction success story. All of this happened under the leadership of President Juan Manuel Santos (2010-2018). How was this accomplished? In this important book, based on his experience and with data and statistics, former President Santos explains how this battle against poverty was waged and describes the tools, programs, and policies that produced these results. In particular, he emphasizes the importance of Colombia's globally pioneering adoption of the Multidimensional Poverty Index (MPI), calculated according to the Alkire-Foster method and developed at the Oxford Poverty and Human Development Initiative (OPHI). The MPI, inspired by the work of Professor Amartya Sen, has been used in Colombia not only as a poverty measure but also as an instrument to guide social policy. The Colombian approach to poverty offers lessons, clearly explained in this book, to other nations, academics, and decision-makers. The Colombian experience demonstrates that, with political leadership and reliable poverty measurement, it is possible to make progress toward social equality.
Author: Elena Ianchovichina
Publisher: World Bank Publications
ISBN: 1464820902
Category : Business & Economics
Languages : en
Pages : 372
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Book Description
En La evolución geográfica de la productividad y el empleo: Ideas para lograr un crecimiento inclusivo a través de una perspectiva territorial en América Latina y el Caribe se utiliza una perspectiva territorial para comprender las tasas de crecimiento económico persistentemente bajas de América Latina y el Caribe (ALC). Utilizando nuevos datos y métodos, se muestra que la desindustrialización, la distancia y las divisiones son factores interrelacionados que explican la paradoja de la productividad urbana en ALC, a saber: las ciudades densamente pobladas deberían estar entre las más productivas del mundo, pero no lo están. Las ciudades de ALC se han visto frenadas por la falta de dinamismo, la mala conectividad y las divisiones en barrios pobres y prósperos desconectados. A causa de la desindustrialización, el empleo urbano se ha desplazado, especialmente en las ciudades más grandes de la región, de las manufacturas a actividades no comercializables menos dinámicas y de baja productividad, como el comercio minorista y los servicios personales y de otra índole, que se benefician menos con la aglomeración, sobre todo en ciudades muy congestionadas. Si bien el empleo en el sector de los servicios comercializables urbanos ha aumentado, el alza ha sido lo suficientemente firme como para compensar la disminución del empleo en el sector manufacturero. Al mismo tiempo, los problemas de conectividad interurbana han menoscabado el desempeño de la red de ciudades de la región, dado que restringen el acceso a los mercados y la capacidad de las empresas para beneficiarse de la especialización reubicándose en ciudades más pequeñas. Dentro de las ciudades, la conectividad deficiente y la segregación del mercado laboral residencial han limitado los beneficios de la aglomeración a los vecindarios de los distritos comerciales centrales donde operan las empresas formales. La informalidad ha persistido en los barrios de bajos ingresos, cuyos habitantes enfrentan múltiples privaciones. En cambio, muchas zonas agrícolas y mineras se han beneficiado con la fuerte demanda de productos básicos por parte de China y otras economías de rápido crecimiento, particularmente durante la década dorada (2003-13), lo que llevó a una disminución de la desigualdad territorial en la mayoría de los países de la región. Se concluye que, para fomentar el crecimiento inclusivo, los países deben transformar más eficientemente la riqueza natural en capital humano, infraestructura e instituciones, y mejorar la competitividad de la economía urbana. En tal sentido, se esbozan los contornos de dicha strategia de desarrollo, identificando las prioridades en materia de políticas a nivel nacional, regional y local.
Author: Orkan Köyağasıoğlu
Publisher: IJOPEC PUBLICATION
ISBN: 1913809005
Category : Political Science
Languages : en
Pages : 188
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Book Description
Globalization is characterized by a systemic interconnection in which what hapInequality has been on the rise across the globe and living conditions are vastly unequal between different places in the world. Currently, the richest 1% own 45% of the world’s wealth. The consequence is that some people are able to enjoy healthy, wealthy, happy lives whilst others continue to live in ill-health, poverty and sorrow. Rapid economic growth in Asia (particularly China and India) has lifted many people out of extreme poverty. Nevertheless, the wealth divide is steadily growing. According to Oxfam, between 2009 and 2018, the number of billionaires it took to equal the wealth of the world’s poorest 50 percent fell from 380 to 26. Those with extreme wealth have often accumulated their fortunes on the backs of people around the world who work for poor wages and under dangerous conditions. Women are scarce at the top and overrepresented at the bottom. Gender discrimination in the workplace contributes significantly to these persistent economic divides. There are also large differences in wealth across racial groups. Long-standing racial discrimination in many forms, including in education, hiring, and pay practices contribute to persistent earnings gaps. Inequalities have dramatically strengthened the economic and political power of those individuals at the top.
Author: Rob Vos
Publisher: Routledge
ISBN: 1135987017
Category : Business & Economics
Languages : en
Pages : 476
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Book Description
The issue of the pros and cons of free trade from the point of view of developing countries refuses to dissipate, and in Latin America, the debate rages most fiercely. Argentina is still licking its wounds after a catastrophic past five years, and Brazil and others have hardened their line – even going so far as to initiate the influential new G20 group of the most powerful LDCs. Who Gains from Free Trade examines the extent to which trade reforms have been an important source of the slowdown of economic growth, rising inequality and rising poverty as observed in many parts of the region. This volume presents a comprehensive analysis of this important topic, utilizing: research based on sixteen country narratives of policy reform and economic performance rigorous general equilibrium (CGE) modelling of the economy-wide effects of trade reform for all country cases application of an innovative method of microsimulations to assess the employment and factor income distribution impact of policy reforms on poverty and inequality at the household level. This important study, a valuable resource for postgraduate students of development economics and political economy, examines all the current issues and brings together some of the world’s leading experts.
Author: Nora Lustig
Publisher: El Colegio de Mexico AC
ISBN: 6074624631
Category : Social Science
Languages : en
Pages : 321
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Book Description
A setenta años de su fundación, El Colegio de México publica esta serie de dieciséis volúmenes, titulada Los grandes problemas de México, en la que se analizan los mayores retos de la realidad mexicana contemporánea, con el fin de definir los desafíos que enfrentamos en el siglo XXI y proponer algunas posibles respuestas y estrategias para resolver nuestros problemas como nación. Serie: Los grandes problemas de México. Vol. IX Crecimiento económico y equidad, se propone analizar los efectos que han tenido las reglas y políticas macroeconómicas sobre la volatilidad y la tasa de crecimiento del producto y, en un sentido más amplio, el impacto de las políticas públicas sobre la desigualdad y la pobreza. En su conjunto, los diez capítulos de este volumen están dedicados al análisis de los factores que explican el bajo crecimiento de la economía mexicana y los alcances de las reformas en términos de competitividad, equidad, estabilidad macroeconómica y sustentabilidad.
Author: Fernando Cortés y Orlandina de Oliveira, coordinadores
Publisher: El Colegio de Mexico AC
ISBN:
Category :
Languages : en
Pages : 432
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Book Description
Author: David Maher
Publisher: Springer
ISBN: 3319665804
Category : Political Science
Languages : en
Pages : 326
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Book Description
This book challenges the conventional wisdom that civil war inevitably stymies economic development and that ‘civil war represents development in reverse’. While some civil wars may have adverse economic effects, Civil War and Uncivil Development posits that not all conflicts have negative economic consequences and, under certain conditions, civil war violence can bolster processes of economic development. Using Colombia as a case study, this book provides evidence that violence perpetrated by key actors of the conflict – the public armed forces and paramilitaries – has facilitated economic growth and processes of economic globalisation in Colombia (namely, international trade and foreign direct investment), with profoundly negative consequences for large swathes of civilians. The analysis also discusses the ‘development in reverse’ logic in the context of other conflicts across the globe. This book will be an invaluable resource for scholars, practitioners and students in the fields of security and development, civil war studies, peace studies, the political economy of conflict and international relations.
Author: Edward Eric Telles
Publisher: UNC Press Books
ISBN: 1469617838
Category : History
Languages : en
Pages : 320
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Book Description
Pigmentocracies: Ethnicity, Race, and Color in Latin America
