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

Author

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

Abstract

During the 2000s Paraguay experienced slow economic growth but improved all labour market indicators. The growth process was erratic. Paraguay underwent a macroeconomic crisis at the beginning of the period, a recession as a consequence of the international crisis of 2008, and a local crisis in 2012. Most labour market indicators improved between 2001 and 2013 following the erratic pattern of GDP. The only labour market indicator that improved almost steadily over the period was the educational level of the employed population. All poverty and inequality indicators exhibited an erratic behaviour over time, but fell overall between 2001 and 2013.

Suggested Citation

  • Cruces Guillermo & Fields Gary S. & Jaume David & Viollaz Mariana, 2015. "The growth-employment-poverty nexus in Latin America in the 2000s: Paraguay country study," WIDER Working Paper Series 081, World Institute for Development Economic Research (UNU-WIDER).
  • Handle: RePEc:unu:wpaper:wp2015-081
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    File URL: https://www.wider.unu.edu/sites/default/files/wp2015-081.pdf
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    References listed on IDEAS

    as
    1. Sean Higgins & Nora Lustig & Julio Ramirez & Billy Swanson, 2013. "Social Spending, Taxes and Income Redistribution in Paraguay," Working Papers 1311, Tulane University, Department of Economics.
    2. 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.
    3. Azevedo, Joao Pedro & Davalos, Maria Eugenia & Diaz-Bonilla, Carolina & Atuesta, Bernardo & Castaneda, Raul Andres, 2013. "Fifteen years of inequality in Latin America : how have labor markets helped ?," Policy Research Working Paper Series 6384, The World Bank.
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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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