Article

Latin American Labor Reforms: Evaluating Risk and Security

María Victoria Murillo, Lucas Ronconi and Andrew Schrank

in The Oxford Handbook of Latin American Economics

Published in print July 2011 | ISBN: 9780199571048
Published online September 2012 | | DOI: http://dx.doi.org/10.1093/oxfordhb/9780199571048.013.0031

Series: Oxford Handbooks in Economics

 Latin American Labor Reforms: Evaluating Risk and Security

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This chapter addresses procedural and substantive changes to Latin American employment law in the late twentieth and early twenty-first centuries. It covers eighteen Latin American market economies between 1985 and 2009, paying particularly close attention to reforms undertaken in the 2000s in light of their variegated and somewhat anomalous predecessors. The chapter begins by assessing recent reforms to: laws that are designed to reduce the likelihood of job loss by limiting the employer's authority to dismiss his or her workers; and laws which are designed to influence the compensation workers receive in case of job loss by creating or reinforcing either unemployment-insurance programmes or severance payments. It also addresses the question of enforcement by examining the evolution of resources devoted to labour inspection across the region.

Keywords: Latin America; employment law; market economy; job loss; worker compensation; unemployment insurance; labour inspection

Article.  9153 words. 

Subjects: Economics ; Labour and Demographic Economics ; Economic Development and Growth

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