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ECLAC Studies Effects of Law for More Flexible Access to Retirement Pensions in Uruguay

12 December 2017 | News

The office of the Economic Commission for Latin America and the Caribbean (ECLAC) in Montevideo, Uruguay carried out two studies that analyze the changes introduced in the law for more flexible access to retirement pensions (Law 18.395), promulgated in 2008 in that country, thanks to an agreement with the Uruguayan Ministry of Economy and Finance and the Center for Fiscal Studies (CEF). This law introduced an important set of measures aimed at enabling more flexible access to social security. These modifications had an impact on diverse aspects of people’s well-being as well as on fiscal accou…

Labor Income Inequality Shrank in Uruguay between 2007 and 2014 Despite an Increase in Productive Heterogeneity

9 December 2016 | News

Inequality in labor income fell significantly between 2007 and 2014 in Uruguay despite the fact that inequality in productivity continued to rise, probably facilitated by a series of labor and tax policies implemented during that period, according to a new book published by the Economic Commission for Latin America and the Caribbean (ECLAC) and the International Labour Organization (ILO). The book entitled Toward Inclusive Development: The Case of Uruguay (only available in Spanish) analyzes the country’s evolution from 2001 to 2014 in terms of economic growth, labor market dynamics and social…

Labor Informality and Access Requirements Explain Low Coverage of Unemployment Insurance in Uruguay, ECLAC says

1 September 2016 | News

Uruguay’s unemployment insurance program has low coverage among the total number of unemployed salaried workers (5.9% in 2014) due to the high percentage of those people who work in informal conditions, without a right to this benefit, and because many formal workers do not meet the requirements for accessing it, the Economic Commission for Latin America and the Caribbean (ECLAC) concludes in a new study. The document Analysis of Unemployment Insurance in Uruguay (only available in Spanish), borne of a technical cooperation agreement between ECLAC and Uruguay’s Ministry of Economy and Finance,…

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