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Job Creation in Latin America and the Caribbean: Recent Trends and Policy Challenges

Author

Listed:
  • Pagés, Carmen
  • Scarpetta, Stefano
  • Pierre, Gaëlle

Abstract

More than a decade has passed since the introduction of comprehensive macroeconomic stabilization packages and trade, fiscal, and financial market reforms in Latin America and the Caribbean. However, growth prospects remain disappointing; labor markets show lackluster performance, with low participation rates, high and persistent informality, and, in some cases, open unemployment. Creating viable and lasting employment is vital to reduce poverty and spread prosperity in the region. The failure to create more--and more productive and rewarding--jobs carries substantial political, social, and economic costs. 'Job Creation in Latin America and the Caribbean: Recent Trends and Policy Challenges' provides a thorough examination of the labor market trends in the region in recent decades and assesses the role that labor demand and labor supply factors have played in shaping these outcomes. This publication belongs to the Latin American Development Forum Series (LADF), sponsored by the Inter-American Development Bank, the United Nations Economic Commission for Latin America and the Caribbean, and the World Bank.

Suggested Citation

  • Pagés, Carmen & Scarpetta, Stefano & Pierre, Gaëlle, 2009. "Job Creation in Latin America and the Caribbean: Recent Trends and Policy Challenges," IDB Publications (Books), Inter-American Development Bank, number 360, November.
    • Handle: RePEc:idb:idbbks:360
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    Citations

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    Cited by:

    1. Haltiwanger, John & Scarpetta, Stefano & Schweiger, Helena, 2014. "Cross country differences in job reallocation: The role of industry, firm size and regulations," Labour Economics, Elsevier, vol. 26(C), pages 11-25.
    2. Aram Grigoryan & Mattias Polborn, 2018. "Insecure Property Rights and the Missing Middle," CESifo Working Paper Series 7203, CESifo.
    3. J. David Brown & Gustavo A. Crespi & Leonardo Iacovone & Luca Marcolin, 2018. "Decomposing firm-level productivity growth and assessing its determinants: evidence from the Americas," The Journal of Technology Transfer, Springer, vol. 43(6), pages 1571-1606, December.
    4. Naércio Aquino Menezes Filho & Marc-Andreas Muendler, 2007. "Labor Reallocation in Response to Trade Reform," CESifo Working Paper Series 1936, CESifo.
    5. Gaaitzen J. Vries, 2014. "Productivity in a Distorted Market: The Case of Brazil's Retail Sector," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 60(3), pages 499-524, September.
    6. Pagés, Carmen & Piras, Claudia, 2010. "The Gender Dividend: Capitalizing on Women's Work," IDB Publications (Books), Inter-American Development Bank, number 450.
    7. Medina, Daniel & Morales, Leonardo Fabio, 2019. "Fluidez del mercado laboral y resultados en materia de empleo en Colombia: evidencia derivada de datos enlazados de empleadores y empleados," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), April.
    8. Bruns, Barbara & Macdonald, Isabel Harbaugh & Schneider, Ben Ross, 2019. "The politics of quality reforms and the challenges for SDGs in education," World Development, Elsevier, vol. 118(C), pages 27-38.

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