World Bank - Labor and economic reforms in Latin America and the Caribbean

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title	:	Labor and Economic Reforms in Latin America and the Caribbean Regional Perspectives On World Development
author	:
publisher	:	World Bank
isbn10 | asin	:	0821333488
print isbn13	:	9780821333488
ebook isbn13	:	9780585264486
language	:	English
subject	Labor policy--Latin America, Labor policy--Caribbean Area, Latin America--Economic policy, Caribbean Area--Economic policy.
publication date	:	1995
lcc	:	HD8110.5.L325 1995eb
ddc	:	331.12042
subject	:	Labor policy--Latin America, Labor policy--Caribbean Area, Latin America--Economic policy, Caribbean Area--Economic policy.

Page i Regional Perspectives on World Development Report 1995 Labor and Economic Reforms in Latin America and the Caribbean

Page ii 1995 The International Bank for Reconstruction and Development / The World Bank 1818 H Street, N.W., Washington, D.C. 20433, U.S.A. All rights reserved Manufactured in the United States of America First printing August 1995 This report has been prepared by the staff of the World Bank. The judgments expressed do not necessarily reflect the views of the Board of Executive Directors or the governments they represent. Editing, layout, and production by American Writing Corporation ISBN 0-8213-3348-8 ISSN 1020-3648

Page iii Contents Foreword v 1 Policy Background 1 Reforms in the 1980s 1 Poverty and Income Distribution 1 2 Labor Market Conditions 3 Demographics and Labor Supply 3 Employment, Unemployment, and Real Wages 5 The Special Case of Caribbean Countries 7 Changing Labor Market Conditions in Latin America, 196095 7 3 Policy Reforms and International Integration 10 Trade Reform 11 The Real Exchange Rate and Capital Inflows 11 Broadly Based Reforms: The Key to Success 12 International Migration 14 4 Current Labor Market Interventions and the Road to Reform 16 A Role for Governments in Setting Wages? 16 Dealing with Wrongful Dismissals 16 Contributions to Social Security 18 Labor-Management Relations 19 5 The Changing Role of the State 23 Public Sector Employment and Wages 23 Setting Priorities and Choosing Better Policy Instruments 23 6 The Outlook for Workers 25

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