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The growth-employment-poverty nexus in Latin America in the 2000s: Chile country study

Author

Listed:
  • Cruces Guillermo
  • Fields Gary S.
  • Jaume David
  • Viollaz Mariana

Abstract

During the 2000s Chile achieved rapid economic growth and improved most labour market indicators: the unemployment rate fell; the mix of employment by occupational position and sector improved; the educational level of the employed population, the percentage of registered workers, and labour earnings increased; and all poverty and inequality indicators decreased. The economy suffered a recession during the international crisis of 2008, but recovered quickly. Some labour market indicators were negatively affected by the crisis. The unemployment rate was the only indicator that did not return to its pre-crisis level by the end of the period studied.

Suggested Citation

  • Cruces Guillermo & Fields Gary S. & Jaume David & Viollaz Mariana, 2015. "The growth-employment-poverty nexus in Latin America in the 2000s: Chile country study," WIDER Working Paper Series 072, World Institute for Development Economic Research (UNU-WIDER).
  • Handle: RePEc:unu:wpaper:wp2015-072
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    File URL: https://www.wider.unu.edu/sites/default/files/wp2015-072.pdf
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    References listed on IDEAS

    as
    1. Azevedo, Joao Pedro & Inchauste, Gabriela & Sanfelice, Viviane, 2013. "Decomposing the recent inequality decline in Latin America," Policy Research Working Paper Series 6715, The World Bank.
    2. Gonzalo Castex & Fabián Sepúlveda, 2014. "Caracterización del Mercado Laboral en Chile y su Evolución en los Últimos 25 años," Working Papers Central Bank of Chile 728, Central Bank of Chile.
    3. Gary Fields, 2012. "Challenges and policy lessons for the growth-employment-poverty nexus in developing countries," IZA Journal of Labor Policy, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 1(1), pages 1-24, December.
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    Cited by:

    1. Guillermo Cruces & Gary Fields & David Jaume & Mariana Viollaz, 2015. "The growth-employment-poverty nexus in Latin America in the 2000s: Cross-country analysis," WIDER Working Paper Series 110, World Institute for Development Economic Research (UNU-WIDER).

    More about this item

    Keywords

    Economic growth; Income distribution; Labor market; Poverty; Public welfare;

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