The Role of Labour Market and Social Protection in Reducing Inequality and Eradicating Poverty in Latin America

27 Pages Posted: 6 Jun 2011

See all articles by Fabio Bertranou

Fabio Bertranou

International Labour Organization

Roxana Maurizio

Republic of Argentina - Consejo Nacional de Investigaciones Científicas y Técnicas (CONICET)

Date Written: May 31, 2011

Abstract

Latin America has experienced an unprecedented period of macroeconomic stability and high economic growth between 2003 and 2008. The main aim of this paper is to analyse to what extent these more favourable conditions have been an opportunity for Latin American countries to recover their labour markets and conduct a more active social policy. The paper discusses the contribution of the labour market and of the social protection system as effective mechanisms to overcome poverty and reduce income inequality. The conclusions state that, even though the labour market policy framework has changed, and now yields better outcomes, there are many more social and policy issues and challenges ahead than the ones that are usually acknowledged.

Keywords: Latin America, labour market, poverty, inequality, social protection, macroeconomic stability

JEL Classification: O54, J80, I30

Suggested Citation

Bertranou, Fabio and Maurizio, Roxana, The Role of Labour Market and Social Protection in Reducing Inequality and Eradicating Poverty in Latin America (May 31, 2011). Available at SSRN: https://ssrn.com/abstract=1857705 or http://dx.doi.org/10.2139/ssrn.1857705

Fabio Bertranou (Contact Author)

International Labour Organization ( email )

Av. Cordoba 950
Piso 13
Buenos Aires, C1054AAV
Argentina
54-11-43937076 (Phone)

HOME PAGE: http://www.ilo.org

Roxana Maurizio

Republic of Argentina - Consejo Nacional de Investigaciones Científicas y Técnicas (CONICET)

Avda. Rivadavia 1917
Buenos Aires, Federal Capital C1033AAJ
Argentina

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