Macroeconomic Policies, Growth, Employment, and Inequality in Latin America
AbstractThis paper examines the macroeconomic policies and outcomes experienced by the Latin American economies during the period 1990-2010. Macroeconomic policies refer to exchange rates, monetary and aggregate fiscal policies, while macroeconomic outcomes, on the other hand, refer to the patterns of growth, inflation, employment, investment, balance of payments, and the evolution of external and public debts and international reserves. The analysis includes a discussion of the effects of macroeconomic outcomes on poverty rates. With regard to policy, the study examines the changes that took place in 1997-98, and then reviews the resulting new macroeconomic configuration that was established in 2002-03. This new configuration favoured the acceleration of output growth and employment creation, and contributed to reducing poverty rates.
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Bibliographic InfoPaper provided by World Institute for Development Economic Research (UNU-WIDER) in its series Working Paper Series with number UNU-WIDER Research Paper WP2012/23.
Date of creation: 2012
Date of revision:
Latin American economies; macroeconomic policies; economic growth; employment; poverty rates; inequality;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-04-10 (All new papers)
- NEP-DEV-2012-04-10 (Development)
- NEP-LAM-2012-04-10 (Central & South America)
- NEP-LTV-2012-04-10 (Unemployment, Inequality & Poverty)
- NEP-MAC-2012-04-10 (Macroeconomics)
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Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:
- Macroeconomic Policies, Growth, Employment, and Inequality in Latin America
by Maximo Rossi in Wikiprogress América Latina on 2012-04-19 19:20:00
- Seguino, Stephanie & Braunstein, Elissa, 2012. "The impact of economic policy and structural change on gender employment inequality in Latin America, 1990-2010," MPRA Paper 43261, University Library of Munich, Germany.
- Carlos Villalobos Barría, 2012. "Sectorial shifts and Inequality. How to relate macroeconomic events to inequality changes," Ibero America Institute for Econ. Research (IAI) Discussion Papers 219, Ibero-America Institute for Economic Research.
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