The role of labour market and social protection in reducing inequality and eradicating poverty in Latin America
AbstractLatin America has experienced an unprecedented period of macroeconomic stability and high economic growth between 2003 and 2008. The main aim of this paper is to analyse to what extent these more favourable conditions have been an opportunity for Latin American countries to recover their labour markets and conduct a more active social policy. The paper discusses the contribution of the labour market and of the social protection system as effective mechanisms to overcome poverty and reduce income inequality. The conclusions state that, even though the labour market policy framework has changed, and now yields better outcomes, there are many more social and policy issues and challenges ahead than the ones that are usually acknowledged.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 39843.
Date of creation: Aug 2011
Date of revision:
Latin America; labour market; poverty; inequality; social protection; macroeconomic stability;
Find related papers by JEL classification:
- I30 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General
- O54 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean
- I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty
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