This paper reviews macroeconomic aspects of pension reforms in Latin America, focusing on financial market stability and fiscal sustainability. Concentration of pension fund portfolios in government bonds remains high, and the lack of new investment alternatives has distorted asset prices....

This paper investigates the role of structural reforms -financial reforms, trade liberalization, and privatization- as determinants of FDI inflows based on newly constructed dataset on structural reforms for 19 Latin American and 25 Eastern European countries between 1989 and 2004. Our main...

Motivated by recent bursts of global financial market turbulence, this paper investigates the linkages between the financial markets in the United States and those of the seven largest Latin American economies, focusing on the impact of shocks originating in the U.S. stock, bond, and currency...

An increasing number of countries - including in Latin America - are reforming their financial stability frameworks in the aftermath of the financial crisis, in order to establish a stronger macroprudential policy function. This paper analyzes existing arrangements for financial stability in...

Esse artigo constrói um modelo competitivo que relaciona os salários relativos e a alocação de trabalhadores com diferentes níveis de educação à demanda e à oferta de competências, fornecendo evidências empíricas para o caso do Brasil. O modelo assume que todos os trabalhadores...

Surveys practical experiences in labour relations. Lists the internet addresses of labour ministries, regional institutions, trade unions, and employers' organizations.

The paper uses panel data for up to ten Latin America countries for the period 1990-2000 to analyse whether informal employment functions as a cyclic buffer for formal employment as well as whether women's employment functions as a cyclic buffer for men's employment. The paper also evaluates...

Examina los efectos de las políticas de tinte neoliberal y las reformas financieras sobre la generación del mejor empleo, esto es, empleo decente, y el desarrollo productivo y su impacto en la reducción de las desigualdades en los mercados y en las sociedades.

Examines how a minimum wage policy may be used as a tool to promote gender pay equity. Includes case studies of Argentina, Colombia and Mexico.