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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
Get Book Here
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: Ricardo Infante
Publisher: International Labour Organization
ISBN: 9789221090076
Category : Debt
Languages : en
Pages : 246
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Book Description
Author: Juan Pablo Perez Sainz
Publisher: Routledge
ISBN: 0429979940
Category : Political Science
Languages : en
Pages : 172
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Book Description
This book presents an analysis of contemporary Central American from a social perspective and, more specifically, from that of one of its main components: the world of labor. Despite undeniable changes, this world is still made up of three basic logics. Labor markets reflect an inability to generate sufficient employment. Labor relations remain precarious. And labor subjects and actors solid enough for their voice to be heard have not managed to establish themselves. The result is that the world of labor in Central America is still marked by vulnerability. }The oligarchic crises in Central America has provoked a variety of responses at different levels during the last decades. The development of new agroexports in the 1950s, the import substitution industrialization of the 1960s, and the current opening up of trade along with the development of new tradables sectors under the influence of globalization, represent attempts to modernize the regions economies. The same has occurred at the political level with the current democratization processes that have meant competitive elections taking place in all the countries. It is at the social level that responses have been most weak and levels of poverty remain extremely high. This book presents an analysis of contemporary Central American history from a social perspective and, more specifically, from that of one of its main components: the world of labor. Despite undeniable changes, this world is still made up of three basic logics. Labor markets reflect an inability to generate sufficient employment. Labor relations remain precarious. And labor subjects and actors solid enough for their voice to be heard have not managed to establish themselves. The result is that the world of labor in Central America is still marked by vulnerability. }
Author: N. Saavedra-Rivano
Publisher: Springer
ISBN: 0230513174
Category : Business & Economics
Languages : en
Pages : 185
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Book Description
Regional integration seems to be thriving everywhere, as the examples of the Association of South East Asian Nations (ASEAN), the North Atlantic Free Trade Area (NAFTA) and the Southern Common Market will illustrate. More ambitious schemes, such as Asian Pacific Economic Cooperation (APEC), and those for Western hemispheric integration are also underway. How do these trends for integration relate to national development strategies? The contributors to this volume provide new insights into these developments as well as assessing the prospects for further integration.
Author:
Publisher: Delta Publicaciones
ISBN: 8492453699
Category :
Languages : en
Pages : 748
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Book Description
Author:
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 244
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Book Description
Author: Araceli Almaraz Alvarado
Publisher: Emerald Group Publishing
ISBN: 1839091711
Category : Business & Economics
Languages : en
Pages : 249
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Book Description
Entrepreneurs develop based on their surroundings. It is easy to understand US entrepreneurs, with the wealth of information available about their development, but how does working in Mexico influence entrepreneurship, and emerging entrepreneurs?
Author: Rubén Hernández-León
Publisher: Univ of California Press
ISBN: 0520256743
Category : Business & Economics
Languages : en
Pages : 272
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Book Description
Challenging many common perceptions, this book is dedicated to understanding a major new phenomenon - the large number of skilled urban workers who are coming to America from Mexico's cities. Based on a ten-year study of one working-class neighbourhood in Monterrey, the book studies the forces that lead to Mexican emigration.
Author:
Publisher: International Labour Organization
ISBN: 9789221091677
Category :
Languages : en
Pages : 182
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Book Description
Festschrift celebrating 25 years of PREALC. Includes a description of activities and statements by former directors and prominent persons associated with the programme.
Author: L. Haagh
Publisher: Springer
ISBN: 0230502687
Category : Social Science
Languages : en
Pages : 299
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Book Description
This collection offers a critical analytical perspective and fresh empirical data on recent market-orientated social policy reforms in Latin America. The six case studies presented examine labour, education, health and general social development programmes. A particular focus is placed on the ways in which market-enhancing reforms such as demand-based provision, social policy targeting and privatization respond to issues of equity, coverage and the quality of provision.
