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Economic crisis and its efects on Mexican’s labor market, inequality and poverty

Author

Listed:
  • Mario Camberos Castro

    (Centro de Investigación en Alimentación y Desarrollo, Departamento de Economía, México)

  • Joaquín Bracamontes Nevárez

    (Centro de Investigación en Alimentación y Desarrollo, Departamento de Economía, México)

Abstract

Mexican economic crisis has generated, along 3 decades, lost of million of formal em¬ployments and decreasing real wages as consecuence of informal employment growth. In this framework the objective of this paper is to know the effects of the mexican cyclical crisis on the economic growth, labor market, inequality and poverty, since 1980s debt, global 1990s and financial 2008-2009 crisis. The results arise increasing of labor market informality, inequality and poverty of mexican people, caused not only by crisis, but wron¬ged neoliberals economic y social adjusting policies implemented against it. By the way, it is necesary deep changes in the above model, such as, economic reforms to afford formal labor demand, employment and salaries increasing, necesary condition for diminishing inequality and poverty of the most mexican people.

Suggested Citation

  • Mario Camberos Castro & Joaquín Bracamontes Nevárez, 2015. "Economic crisis and its efects on Mexican’s labor market, inequality and poverty," Contaduría y Administración, Accounting and Management, vol. 60(6), pages 219-249, Octubre-D.
    • Handle: RePEc:nax:conyad:v:60:y:2015:i:6:p:219-249
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