Originally published in 2004. Growth, income distribution, and labour markets are issues of pivotal importance in the Latin American context. Examining unique theoretical issues and the empirical evidence, this book provides a critical analysis of the key elements of income distribution determinants, labour market functions, trade policies, and their interrelations. As the advance of globalization becomes seemingly unstoppable, this book provides an important reappraisal of the impact of this new phenomenon, and in particular, the pernicious impact it may have on income growth and distribution. The key objective of the volume is to integrate more fully the analysis of trade and labour market economists, in order to better understand the labour market and income distribution implications of globalization and international integration. Forty years after the early calls to appropriately investigate the micro foundations of macroeconomics, the separation of the two at the policy level is more damaging than ever before - particularly for developing regions; this volume therefore makes an important contribution at the theoretical and policy levels by bringing together macroeconomic and microeconomic analyses.
Table of Contents
Contents: Introduction: The reform, growth and inequality debate in Latin America, Gustavo Indart; Albert Berry: his life and work, Gerry Helleiner, Gustavo Indart, and Jaime Tenjo. Reforms, Growth and Income Distribution: Lights and shadows in Latin American structural reforms, Jos ntonio Ocampo; Economic growth and human development in Latin America, Gustav Ranis and Frances Stewart; Reform, macroeconomic instability and the distribution of income in Latin America in the 1990s, Samuel A. Morley; Distributive tensions under the new economic order, Oscar Altimir; Economic reform or social development? The challenges of a period of reform in Latin America: case study of Mexico, Diana Alarcón and Eduardo Zepeda; Political challenges to equitable development in Latin America, Judith Teichman. Economic Reforms and Labor Markets: The impact of liberalization and globalization on laborr market policies in Latin America and the Caribbean, Andrew Downes, Rafael Gómez, and Morley Gunderson; Causes of rising wage inequality in the 1990s: evidence from the Argentine manufacturing sector, Adriana Marshall; The impact of minimum wages on wage inequality and employment in Costa Rica, Katherine Terrell and Fatma El-Hamidi ; European social protection: what is to be learned for Latin America, François Bourguignon; Index