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Real Crisis or Crisis of Expectations? Employment in Peru Before and After the Structural Reforms

Listed author(s):
  • Jaime Saavedra-Chanduví

(Available only in Spanish) According to the results of public opinion polls conducted by Apoyo S. A. , until 1991 inflation, terrorism and unemployment were, in that order, the most serious problems that affected the Peruvian population. Towards the mid-1990s, after solving the inflation problem and significantly moderating terrorism, the same polls showed that unemployment and lack of jobs were perceived as the most serious problems that afflict the Peruvian population. This document compares the structural reforms in relation to unemployment in Peru. WP-385 Paying the mortgage: Hyperinflation, reform of the economy, employment and unemployment in the Argentina of the 1990s The causes of the "unemployment explosion" and of the scant creation of jobs in Argentina until 1995 and the future outlook are the two themes of this document, which presents an in-depth interpretation of the case of Argentina.

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Paper provided by Inter-American Development Bank, Research Department in its series Research Department Publications with number 4148.

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Date of creation: Oct 1998
Handle: RePEc:idb:wpaper:4148
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  1. Escobal, Javier & Saavedra, Jaime & Torero, Máximo, 1999. "Los activos de los pobres en el Perú," El Trimestre Económico, Fondo de Cultura Económica, vol. 0(263), pages 619-659, Julio-sep.
  2. Carmen Pagés-Serra & Gustavo Márquez, 1998. "Ties That Bind: Employment Protection and Labor Market Outcomes in Latin America," Research Department Publications 4118, Inter-American Development Bank, Research Department.
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