Social dimensions of macroeconomic policy: report of the Executive Committee on Economic and Social Affairs of the United Nations

Introduction The social agenda is long-term in nature, in the sense that poverty alleviation along with a better distribution of income, wealth and opportunities are long-term goals. A sound macroeconomic policy, on the other hand, has to do largely with the consistent management of short-term policy instruments pursuing a sustainable and predictable pace for aggregate economic variables and major prices (wages, inflation, interest rates and exchange rates). In spite of the different arena and rationale in which they play, there are strong links between the two. First and most obvious,…

Why is there so much economic insecurity in Latin America?

The view that pervasive economic insecurity threatens political support for the ongoing market-oriented reforms has become one of the most common refrains in current discussions on Latin American affairs. Dealing with economic insecurity would thus appear to be a key part of the unfinished agenda of Latin America's reforms. The author argues that economic insecurity in Latin America is multifaceted and has many sources that feed on each other. Some of the insecurity arises from the decline in employment protection and increased volatility of household outcomes. Some of it is the result of…

Anuario Estadístico de América Latina y el Caribe 2000 = Statistical Yearbook for Latin America and the Caribbean 2000

La edición 2000 del Anuario estadístico de América Latina y el Caribe contiene una selección actualizada a comienzos de diciembre de las principales series estadísticas disponibles sobre la evolución económica y social de los países de la región. Representa un sistemático esfuerzo de la División de Estadística y Proyecciones de la CEPAL, orientado a homogeneizar las cifras y a hacerlas internacionalmente comparables. La primera parte comprende indicadores socioeconómicos derivados (tasas de crecimiento, proporciones o coeficientes), que representan una visión resumida de cada área de interés y…

Job creation in Latin America in the 1990s: the foundation for social policy

Summary This paper analyzes labor market trends in Latin America and the Caribbean in the 1990s, arguing that employment must be the foundation of a social policy strategy for the region. The paper begins with a discussion of the expectations for labor market performance that were generated by the reform process in the region. It then provides an overview of what actually happened with respect to participation rates, employment generation, unemployment and wages. It also suggests some reasons why reality was less positive than was expected. Next it examines a new hypothesis about the d…

Caribbean SIDS Prepare for Johannesburg 2002 - The World Summit on Sustainable Development