Pending issues in protection, productivity growth, and poverty reduction:
"This paper selectively synthesizes much of the research on Latin American and Caribbean labor markets in recent years. Several themes emerge that are particularly relevant to ongoing policy dialogues. First, labor legislation matters, but markets may be less segmented than previously thought....
Gespeichert in:
| Format: | Elektronisch E-Book |
|---|---|
| Sprache: | English |
| Veröffentlicht: |
[Washington, D.C]
World Bank
[2005]
|
| Schriftenreihe: | Policy research working paper
3799 |
| Schlagworte: | |
| Online-Zugang: | BSB01 EUV01 HTW01 FHI01 IOS01 URL des Erstveröffentlichers |
| Zusammenfassung: | "This paper selectively synthesizes much of the research on Latin American and Caribbean labor markets in recent years. Several themes emerge that are particularly relevant to ongoing policy dialogues. First, labor legislation matters, but markets may be less segmented than previously thought. The impetus to voluntary informality, which appears to be a substantial fraction of the sector, implies that the design of social safety nets and labor legislation needs to take a more integrated view of the labor market, taking into account the cost-benefit analysis workers and firms make about whether to interact with formal institutions. Second, the impact of labor market institutions on productivity growth has probably been underemphasized. Draconian firing restrictions increase litigation and uncertainty surrounding worker separations, reduce turnover and job creation, and poorly protect workers. But theory and anecdotal evidence also suggest that they, and other related state or union induced rigidities, may have an even greater disincentive effect on technological adoption, which accounts for half of economic growth. Finally, institutions can affect poverty and equity, although the effects seem generally small and channels are not always clear. Overall, the present constellation of labor regulations serves workers and firms poorly and both could benefit from substantial reform. "--World Bank web site |
| Beschreibung: | Includes bibliographical references Title from PDF file as viewed on 12/16/2005 |
| Beschreibung: | 1 Online-Ressource |
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| spelling | Pending issues in protection, productivity growth, and poverty reduction Omar Arias ... [et al.] [Washington, D.C] World Bank [2005] 1 Online-Ressource txt rdacontent c rdamedia cr rdacarrier Policy research working paper 3799 Includes bibliographical references Title from PDF file as viewed on 12/16/2005 "This paper selectively synthesizes much of the research on Latin American and Caribbean labor markets in recent years. Several themes emerge that are particularly relevant to ongoing policy dialogues. First, labor legislation matters, but markets may be less segmented than previously thought. The impetus to voluntary informality, which appears to be a substantial fraction of the sector, implies that the design of social safety nets and labor legislation needs to take a more integrated view of the labor market, taking into account the cost-benefit analysis workers and firms make about whether to interact with formal institutions. Second, the impact of labor market institutions on productivity growth has probably been underemphasized. Draconian firing restrictions increase litigation and uncertainty surrounding worker separations, reduce turnover and job creation, and poorly protect workers. But theory and anecdotal evidence also suggest that they, and other related state or union induced rigidities, may have an even greater disincentive effect on technological adoption, which accounts for half of economic growth. Finally, institutions can affect poverty and equity, although the effects seem generally small and channels are not always clear. Overall, the present constellation of labor regulations serves workers and firms poorly and both could benefit from substantial reform. "--World Bank web site Online-Ausg Also available in print Labor market Caribbean Area Labor market Latin America Labor productivity Caribbean Area Labor productivity Latin America Poverty Caribbean Area Poverty Latin America Arias, Omar Sonstige oth World Bank Sonstige oth Erscheint auch als Druck-Ausgabe Pending issues in protection, productivity growth, and poverty reduction http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3799 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Pending issues in protection, productivity growth, and poverty reduction Labor market Caribbean Area Labor market Latin America Labor productivity Caribbean Area Labor productivity Latin America Poverty Caribbean Area Poverty Latin America |
| title | Pending issues in protection, productivity growth, and poverty reduction |
| title_auth | Pending issues in protection, productivity growth, and poverty reduction |
| title_exact_search | Pending issues in protection, productivity growth, and poverty reduction |
| title_exact_search_txtP | Pending issues in protection, productivity growth, and poverty reduction |
| title_full | Pending issues in protection, productivity growth, and poverty reduction Omar Arias ... [et al.] |
| title_fullStr | Pending issues in protection, productivity growth, and poverty reduction Omar Arias ... [et al.] |
| title_full_unstemmed | Pending issues in protection, productivity growth, and poverty reduction Omar Arias ... [et al.] |
| title_short | Pending issues in protection, productivity growth, and poverty reduction |
| title_sort | pending issues in protection productivity growth and poverty reduction |
| topic | Labor market Caribbean Area Labor market Latin America Labor productivity Caribbean Area Labor productivity Latin America Poverty Caribbean Area Poverty Latin America |
| topic_facet | Labor market Caribbean Area Labor market Latin America Labor productivity Caribbean Area Labor productivity Latin America Poverty Caribbean Area Poverty Latin America |
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