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Law and Employment analyzes the effects of regulation and deregulation on Latin American labor markets and presents empirically grounded studies of the costs of regulation. Numerous labor regulations that were introduced or reformed in Latin America in the past thirty years have had important economic consequences. Nobel Prize-winning economist James J. Heckman and Carmen Pagés document the behavior of firms attempting to stay in business and be competitive while facing the high costs of complying with these labor laws. They challenge the prevailing view that labor market regulations affect only the distribution of labor incomes and have little or no impact on efficiency or the performance of labor markets. Using new micro-evidence, this volume shows that labor regulations reduce labor market turnover rates and flexibility, promote inequality, and discriminate against marginal workers. Along with in-depth studies of Colombia, Peru, Brazil, Argentina, Chile, Uruguay, Jamaica, and Trinidad, Law and Employment provides comparative analysis of Latin American economies against a range of European countries and the United States. The book breaks new ground by quantifying not only the cost of regulation in Latin America, the Caribbean, and in the OECD, but also the broader impact of this regulation.
Seventeen in a series of annual reports comparing business regulation in 190 economies, Doing Business 2020 measures aspects of regulation affecting 10 areas of everyday business activity.
State Formation in the Liberal Era offers a nuanced exploration of the uneven nature of nation making and economic development in Peru and Mexico. Zeroing in on the period from 1850 to 1950, the book compares and contrasts the radically different paths of development pursued by these two countries. Mexico and Peru are widely regarded as two great centers of Latin American civilization. In State Formation in the Liberal Era, a diverse group of historians and anthropologists from the United States, the United Kingdom, and Latin America compare how the two countries advanced claims of statehood from the dawning of the age of global liberal capitalism to the onset of the Cold War. Chapters cover themes ranging from foreign banks to road building and labor relations. The introductions serve as an original interpretation of Peru’s and Mexico’s modern histories from a comparative perspective. Focusing on the tensions between disparate circuits of capital, claims of statehood, and the contested nature of citizenship, the volume spans disciplinary and geographic boundaries. It reveals how the presence (or absence) of U.S. influence shaped Latin American history and also challenges notions of Mexico’s revolutionary exceptionality. The book offers a new template for ethnographically informed comparative history of nation building in Latin America.
Nearly half of trade agreements concluded in the past five years included either a labor chapter or labor provision that makes reference to international labor standards and ILO instruments. The evidence so far suggests that labor provisions have been an important tool for raising awareness and improving laws and legislations with respect to workers' rights, increasing stakeholder involvement in negotiation and implementation phases, and developing domestic institutions to better monitor and enforce labor standards. But challenges remain, particularly with respect to sustainability of impacts, coherence, and cooperative efforts. This new report, part of the Studies on Growth with Equity series, gives a full examination of the scope and effectiveness of these labor provisions.
Publishes in-depth articles on labor subjects, current labor statistics, information about current labor contracts, and book reviews.
First Published in 2007. Routledge is an imprint of Taylor & Francis, an informa company.