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Macroeconomic Adjustment and the Labor Market in Four Latin American Countries
Ramon Eugenio Lopez
Luis A. Riveros
出版
World Bank Publications
, 1989
ISBN
6092815214
9786092815210
URL
http://books.google.com.hk/books?id=Q94UXQ5ehJgC&hl=&source=gbs_api
EBook
SAMPLE
註釋
Expanding wage differentials during adjustment imposes a greater burden on the poorest workers, making adjustment policies less sustainable politically. And nominal devaluation is probably ineffective with a segmented labor market. Deregulating the labor market makes adjustment programs more effective and equitable.