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In: Revista de relaciones internacionales, Issue 88, p. 35-48
ISSN: 0185-0814
Banco Interamericano del Desarrollo (BID). Explores effects of capital flows on job creation, "labor paradox," labor supply, salaries, and labor unions in Latin America; based on Inter-American Development Bank studies. Summary in English.
In: Revista de relaciones internacionales, Issue 88, p. 35-48
ISSN: 0185-0814
The present essay is about a new approach of Latin America's labor world deriving from different explanatory proposals found in recent IDB researchers' studies. The essay is divided in three parts: (1) The effects of capital flows in the creation of jobs are analyzed in the macroeconomic framework. (2) The "labor paradox" is defined & explained. (3) The determinants of labor supply, including salaries & labor unions, are explained. In the end, certain critical elements are provided for a better understanding of the IDB's proposals. 2 Tables, 2 Figures, 1 Diagrama, 22 References. Adapted from the source document.