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The Growth-Employment-Poverty Nexus in Latin America in the 2000s: Cross-Country Analysis

Author

Listed:
  • Guillermo Cruces

    (CEDLAS - UNLP , CONICET y IZA)

  • Gary S. Fields

    (Cornell University y IZA)

  • David Jaume

    (Cornell University)

  • Mariana Viollaz

    (CEDLAS - UNLP)

Abstract

In the great majority of Latin American countries in the 2000s, economic growth took place and brought about improvements in almost all labour market indicators and consequent reductions in poverty rates. Across countries, economic growth was not all that mattered; external factors were particularly important for changes in labour market conditions, while reductions in poverty were strongly related to improvements in earnings and employment indicators. Although the 2008 crisis affected some countries differently from others, nearly all labour market indicators were at least as high or higher by 2012 than immediately before the crisis in all countries but one.

Suggested Citation

  • Guillermo Cruces & Gary S. Fields & David Jaume & Mariana Viollaz, 2016. "The Growth-Employment-Poverty Nexus in Latin America in the 2000s: Cross-Country Analysis," CEDLAS, Working Papers 0200, CEDLAS, Universidad Nacional de La Plata.
  • Handle: RePEc:dls:wpaper:0200
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    File URL: http://cedlas.econo.unlp.edu.ar/archivos_upload/doc_cedlas200.pdf
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    References listed on IDEAS

    as
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    1. The Growth-Employment-Poverty Nexus in Latin America in the 2000s: Cross-Country Analysis
      by maximorossi in NEP-LTV blog on 2016-09-28 23:30:53

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    1. Guillermo Cruces & Gary S. Fields & David Jaume & Mariana Viollaz, 2015. "The growth-employment-poverty nexus in Latin America in the 2000s: Cross-country analysis," WIDER Working Paper Series wp-2015-110, World Institute for Development Economic Research (UNU-WIDER).
    2. Raymundo M. Campos Vázquez & Luis A. Monroy-Gómez-Franco, 2016. "La relación entre crecimiento económico y pobreza en México," Serie documentos de trabajo del Centro de Estudios Económicos 2016-01, El Colegio de México, Centro de Estudios Económicos.
    3. Carla Canelas, 2019. "Informality and poverty in Ecuador," Small Business Economics, Springer, vol. 53(4), pages 1097-1115, December.
    4. Leonardo Gasparini & Guillermo Cruces & Leopoldo Tornarolli, 2016. "Chronicle of a Deceleration Foretold: Income inequality in Latin America in the 2010s," CEDLAS, Working Papers 0198, CEDLAS, Universidad Nacional de La Plata.

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    More about this item

    JEL classification:

    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O54 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean

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