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J. Luis Guasch - Labor Market Reform and Job Creation: The Unfinished Agenda in Latin American and Caribbean Countries

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title Labor Market Reform and Job Creation The Unfinished Agenda in - photo 1

title:Labor Market Reform and Job Creation : The Unfinished Agenda in Latin American and Caribbean Countries Directions in Development (Washington, D.C.)
author:Guasch, J. Luis.
publisher:World Bank
isbn10 | asin:0821344153
print isbn13:9780821344156
ebook isbn13:9780585183237
language:English
subjectLabor market--Latin America, Labor policy--Latin America.
publication date:1999
lcc:HD5730.5.A6G8313 1999eb
ddc:331.12/042/09729
subject:Labor market--Latin America, Labor policy--Latin America.
Page i
Directions in Development
Labor Market Reform and Job Creation
The Unfinished Agenda in
Latin American and
Caribbean Countries
J. Luis Guasch
The World Bank
Washington, D.C.
Page ii
1999 The International Bank for Reconstruction
and Development/THE WORLD BANK
1818 H Street, N.W.
Washington, D.C. 20433
All rights reserved
Manufactured in the United States of America
First printing March 1999
The findings, interpretations, and conclusions expressed in this paper are entirely those of the author(s) and should not be attributed in any manner to the World Bank, to its affiliated organizations, or to members of its Board of Executive Directors or the countries they represent. The World Bank does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use.
The material in this publication is copyrighted. The World Bank encourages dissemination of its work and will normally grant permission to reproduce portions of the work promptly.
Permission to photocopy items for internal or personal use, for the internal or personal use of specific clients, or for educational classroom use is granted by the World Bank, provided that the appropriate fee is paid directly to the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, USA.; telephone 978-750-8400, fax 978-750-4470. Please contact the Copyright Clearance Center before photocopying items.
For permission to reprint individual articles or chapters, please fax a request with complete information to the Republication Department, Copyright Clearance Center, fax 978-750-4470.
All other queries on rights and licenses should be addressed to the Office of the Publisher, World Bank, at the address above or faxed to 202-522-2422.
J. Luis Guasch is lead economist for Latin America and the Caribbean Region and the Development Economics and Chief Economist Office at the World Bank, and Professor of Economics, University of California, San Diego. The author is grateful to Alejandra CoxEdwards, Indermit Gill, James Heckman, Danny Leipziger, Constantino Lluch, Guillermo Perry, Carola Pessino, Martin Rama, Joseph Stiglitz, and Lisa Taber for helpful comments; to Jorge Serraino and Joy Troncoso for technical support; and to Diane Stamm for editorial support.
Cover photograph, Netting Fish in Santa Marta, Colombia, by Edwin Huffman/World Bank. Cover design by Grammarians, Inc.
Library of Congress Cataloging-in-Publication Data
Guasch, J. Luis
Labor market reform and job creation : the unfinished agenda in Latin American and Caribbean countries / J. Luis Guasch
p. cm.
Includes bibliographical references. ISBN 0-8213-4415-3
1. Labor marketLatin America. 2. Labor policyLatin America. I. Title. HD5730.5.A6G8 1999
331.12'042'09729dc21 98-53590
CIP
Page iii
Contents
Foreword
vii
Chapter 1: Introduction
1
Chapter 2: Unemployment Performance in Latin
American and Caribbean Countries during 1990-98
6
Picture 2
Persistence of Unemployment
6
Picture 3
Incidence of Unemployment
7
Chapter 3: Employment Performance: Continued Mismatchbetween Employment Growth and Labor Force Growth
11
Picture 4
Insufficient Employment Growth
11
Picture 5
Deficient Good Employment Growth
15
Picture 6
Selective Improvements
16
Chapter 4: Labor Income and Productivity
21
Chapter 5: Labor Markets and Institutions in Latin American and Caribbean Countries
27
Chapter 6: Factors Affecting Labor Demand
29
Chapter 7: Remedies to Address the Employment Issue
48
Picture 7
Components of a Package of Comprehensive Reforms
48
Picture 8
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