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During the 2000s, the Dominican Republic experienced above-average economic growth along with mixed results in labour market indicators. GDP per capita stagnated through 2004 and, for the most part, grew rapidly from 2005 through 2012. Comparing 2000 with 2012, many unfavourable developments...
Persistent link: https://www.econbiz.de/10011335019
In the 2000s, Costa Rica experienced moderate economic growth and a general improvement in labour market conditions. From 2000 to 2012, Costa Rica grew at the Latin American average. Most labour market indicators improved during 2001 - 09 and 2010 - 12 (the series with comparable data). However,...
Persistent link: https://www.econbiz.de/10011335020
Venezuela experienced slow economic growth during the 2000s. The economy suffered a recession in the early years of the period and during the international crisis of 2008, but most labour market indicators improved and moved along with the business cycle over the period. The only indicators that...
Persistent link: https://www.econbiz.de/10011336628
The Uruguayan story was one of declines in the early years of the 2000s in most indicators, followed by improvements in all of them. Economic growth was negative in the early years due to a severe economic crisis, positive and rapid thereafter except during the international crisis of 2008. Most...
Persistent link: https://www.econbiz.de/10011336632
The Peruvian economy performed exceptionally well between 2000 and 2012, with a growth performance that placed the country well above the regional average and an improvement in all labour market indicators. The economy suffered a slowdown as a consequence of the international crisis of 2008, but...
Persistent link: https://www.econbiz.de/10011336634
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...
Persistent link: https://www.econbiz.de/10011336640
Between 2000 and 2012, Panama boasted the strongest economic growth in Latin America. The growth experience was not uniform: the 2000-02 period was marked by slow or negative growth rates, after which growth was exceptionally rapid. Although the international economic crisis of 2008 slowed the...
Persistent link: https://www.econbiz.de/10011336642
This paper documents the evolution of wage differentials and the supply of workers by educational level for sixteen Latin American countries over the period 1991- 2013. We find a pattern of rather constant rise in the relative supply of skilled and semiskilled workers over the period. Whereas...
Persistent link: https://www.econbiz.de/10011974713
Persistent link: https://www.econbiz.de/10011772926
After a decade of strong progress toward the goal of reducing the high levels of income disparities, there are clear signs of a deceleration in the pace of inequality reduction in Latin America. This paper argues that the deceleration is the result of two set of reasons. First, several of the...
Persistent link: https://www.econbiz.de/10011459691