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Crafting labor policy : techniques and lessons from Latin America /

Contributor(s): Material type: TextTextPublication details: Washington, DC : World Bank ; Oxford, England : Oxford University Press, c2002.Description: xx, 279 p. :illISBN:
  • 0821351125 (hardcover)
  • 0821351117 (pbk.)
Subject(s): DDC classification:
  • 331.12'042'098 CRA
LOC classification:
  • HD8110.5 .C73 2002
Online resources: Summary: Crafting Labor Policy is a very different type of text being more of a technical World Bank report on the state of affairs in terms of labour market analysis. It is quite readable and the country case studies (Brazil, Argentina and Chile) are valuable for the specialist reader. The text works on the assumption that labour law in Latin America had been unchanged since the 1950s and that these laws had 'distortionary effects' insofar as they prevented unfettered market forces from dictating the fate of labour. Hence, the need perceived in the late 1980s to carry out labour market 'reform' as part of the imposition of the neo-liberal Washington Consensus. They find that the main reform in the ABC (Argentina, Brazil, Chile) countries has been in the area of job security (reduction thereof) seen as a way of 'introducing labor market flexibility at the margin, and thus avoiding more pronounced labor reforms' (p. 10). Reducing severance or redundancy payments for workers is also seen as important especially as they had in the past deterred job creation.
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Holdings
Item type Current library Call number Status Date due Barcode
Monograph & others Monograph & others CBN HQ Library General Stacks 331.12'042'098 CRA (Browse shelf(Opens below)) Available 31008100143573

Includes bibliographical references and index.

Crafting Labor Policy is a very different type of text being more of a technical World Bank report on the state of affairs in terms of labour market analysis. It is quite readable and the country case studies (Brazil, Argentina and Chile) are valuable for the specialist reader. The text works on the assumption that labour law in Latin America had been unchanged since the 1950s and that these laws had 'distortionary effects' insofar as they prevented unfettered market forces from dictating the fate of labour. Hence, the need perceived in the late 1980s to carry out labour market 'reform' as part of the imposition of the neo-liberal Washington Consensus. They find that the main reform in the ABC (Argentina, Brazil, Chile) countries has been in the area of job security (reduction thereof) seen as a way of 'introducing labor market flexibility at the margin, and thus avoiding more pronounced labor reforms' (p. 10). Reducing severance or redundancy payments for workers is also seen as important especially as they had in the past deterred job creation.

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